Export Finance Australia Small Business Export Loan
- Applications open: This program is open on an ongoing basis.
- Loans: $20,000 to $350,000
This program seeks to provide businesses with the necessary funds to support their export transactions when their bank is unable to help and satisfy their cashflow needs.
Key Requirements
The eligible applicant must meet the grant criteria, include:
- Australian benefit
- management and trading history
- business performance
- export transaction requirement
- nationality of business
- must agree with Environmental Social Policy
- market gap
- must agree with Credit Information Policy
The eligible applicant must pay the standard fees:
- $1,000 deducted from the settled amount for approved applicants only.
- $100 application fee payable by credit card upfront.
What is eligible for funding?
The eligible activities include financing export-related transactions including:
- international tourism growth
- online sales to international customers
- for the export of Australian goods or services from Australia.
The funding is available for:
- equipment finance
- export market development
- general working capital
- online business growth.
- contracts and purchase orders
- tourism services.
What companies are eligible for funding?
To be eligible your business must:
- be an Australian registered company with ACN
- have at least 20% of revenue from exports in last the 12 months or as an average over the last 3 years to access support for tourism services, equipment finance, working capital, and online business
- have an annual revenue of between $250,000 and $10 million in the last financial year
- have a trading and management history of at least 2 years
- accept the Credit Information Policy
- agree to the Environmental Social Policy.
Is this grant competitive or entitlement based?
Competitive. Your application will be assessed among other applications by a judging panel.
How can I increase my chances of winning this grant?
By engaging an accredited government grants consultant, such as Avant Group.
Competitive grants often require significant business case development and project analysis to support the application, this may include detailed presentations supporting the project’s merit, projected sales, cost-benefit analysis and more.
As part of your engagement with Avant Group, your account manager will assess the required documents and will provide the following as needed to support your grant submission.
Grant application writeup including a detailed presentation illustrating how the grant funding will contribute to your project, how the funding will contribute to the project’s budget, a project milestone plan, delivery timeline, impact on employment if applicable and a breakdown of the management and leadership team for the project
- Industry analysis presentation
- Competitor Analysis Presentation
- Marketing and Sales Analysis Presentation
- 3-5 year Cashflow Forecast
- 3-5 year Balance Sheet Forecast
- Cost-Benefit Analysis of Grant Funding
- End-to-end grant application including information collating, analysis and application writing
- CAPEX (Capital Expenditure) cost-benefit analysis
- Stakeholder relations and Risk Mitigation Plans
- Any other relevant forecasting that will support your application
How can I get help with my application? Or know if I’m likely to win funding?
Avant Group offers a no-obligation assessment of your eligibility for funding and will assess your likelihood of a successful grant application.