Export Finance Australia provides financing solutions to support Australian fashion brands and businesses, including businesses within an export-related supply chain that benefits the Australian economy.
Are you navigating unexpected challenges such as shipment problems, payment difficulties or business interruptions and are unable to secure finance with your private financier? Export Finance Australia may be able to provide financial support.
Through loans, bonds and guarantees, Export Finance Australia has supported Australian exporters for more than 60 years and now more than ever, the team is available to support Australian businesses diversify in a changing world.
Helping an Australian Fashion brand finance production with a Small Business Export Loan
After beginning as a wholesale business with an international agency, this Australian Fashion brand changed its business model in 2012 to become a fully Australian vertical retail business. In just over a decade, the company has grown its retail presence locally from one store in Noosa, Queensland to more than 20 stores across Australia, including an online platform.
They now have a bricks and mortar store in New Zealand, and an international wholesale business in addition to its multi-site retail presence in Australia.
The company’s outstanding reputation meant the brand was also successful in getting high-end international retailers like Nordstrom, Moda Operandi and Harvey Nichols to stock its range. However, to meet these overseas orders, they needed to pay for the production of all its garments upfront – negatively impacting cash flow on their Australian business.
This company reached out to Export Finance Australia to help finance its international production invoices.
Export Finance Australia provided them with an AUD$350,000 Small Business Export Loan to ensure the cash flow of its Australian business was uninterrupted and they could fulfil their export orders. This enabled them to strengthen relationships with existing buyers and reach new customers in the USA, UK and Asia.
Helping businesses diversify
Facing market challenges and disruptions in the past year, many exporters have sought to diversify into new markets. Whether your business is looking to adapt to a changing market, pivot to seize new opportunities or grow internationally, Export Finance Australia’s experienced team is available to support businesses to diversify in a changing world.
They could support your business to diversify with:
Working Capital Support – To finance against supplier invoices or international purchase orders
Capital investment - To purchase new equipment and expand your export operations
International expansion - To establish or grow your business operations internationally
Online Growth - To invest in e-commerce and grow your sales to international customers
For more information, get in touch on 1800 093 724 or visit their website.