Lotus Wind Power Project

Project and structured finance

Export and project finance in emerging and frontier markets.

Contact us Speak to an expert
Jump to a section of the page

At Export Finance Australia, we provide financial support to larger exporters across a broad range of industries, Australian businesses operating and investing internationally, as well as international buyers of Australian goods and/or services.

We have extensive experience in export and project finance in emerging and frontier markets.

Who can we help?

Our range of finance products can help businesses that export Australian goods and services, as well as Australian businesses expanding and investing internationally.

We have experience in supporting transactions in emerging and frontier markets because:

  • we have a greater understanding and higher tolerance for country risk than the commercial market
  • our involvement can encourage the private sector to participate in transactions in emerging and frontier market
  • we have a longer-term risk horizon, and depending on the circumstances, may be able to offer longer financing tenors than the commercial market
  • we have ongoing relationships with export credit agencies from other countries as well as multilateral agencies.

We can also provide financial support for transactions in Australia that support export trade or new investments that will lead to future export growth.

In connection with our financial support, we need to confirm that there is a benefit flowing back to Australia.

We don’t compete with the banks and only provide finance when your bank is unwilling or unable to do so.

Check our key eligibility here.

Export Finance Australia’s role in providing financial support is an important part of Incat’s export business success.

Robert Clifford

Founder and Chairman, Incat

Our solutions

We can provide a range of structured finance solutions to support your export or international activities, as well as to buyers of, or projects that procure, Australian goods and/or services.

We can provide project, corporate and buyer finance including sovereign loans or guarantees.

Our range of loans and guarantee, products can be structured to meet your specific needs.

 

Project finance A loan or guarantee of a loan to a project that procures Australian goods or services, or for Australian-based projects that export their production.
Buyer finance A loan or guarantee of a loan to a purchaser of Australian goods or services.
Supplier finance A loan or guarantee of a loan to a supplier of Australian goods or services destined for frontier and emerging markets, or in Australia where the goods or services form an integral part of the export supply chain.
Sovereign finance
A loan or guarantee of a loan to a sovereign backed purchaser of Australian goods or services.
Bonds Issued on behalf of an exporter in relation to an export contract. They can be issued either directly or as a guarantee to a bank issuing a bond. Examples include advance payment, performance, and warranty bonds.
Overseas direct investment A loan or guarantee to Australian companies investing overseas, where the investment is for business growth purposes which has an economic benefit to Australia.
Insurance Political Risk Insurance: issued to Australian investors and contractors and their lenders in frontier and emerging markets to mitigate potential losses due to certain political events.

Export Payment Insurance: issued to Australian exporters to protect against the risk of non-payment due to certain commercial and political risks.

Our process

Our process includes:

  • a two-stage approval process, which provides early feedback on prospect
  • sensitivity to reputational risk (i.e., environmental, social, corruption)
  • board approval for exposures greater than $50 million and Category A environmental/social transactions.

 

1. Engage

  • Customer presents opportunity
  • Execute Confidentiality Agreement
  • Customer shares information with Export Finance Australia


2. Prospect profiling

  • Preliminary diligence/mandate compliance check
  • Presentation internally
  • Export Finance Australia issues non-binding Letter of Interest and indicative terms


3. Credit approval

  • Customer mandates Export Finance Australia / signs cost indemnity
  • Formal due diligence/site visit
  • Agree terms and commence credit approval
  • Commitment letter subject to documentation

Information we need

The information we need to assess a new transaction will be the same as for any bank credit application. Information required may include:


Project finance

  • Financial model
  • Business case projections
  • Content breakdown (Australian and other countries)
  • Export contract
  • KYC information
  • Market risk report
  • Environmental and social impact assessment
  • Technical report (independent engineer)
  • Legal due diligence report
  • Accounting and tax due diligence report
  • Financial model audit report
  • For resource projects, JORC reserves report


Buyer/supplier finance

  • Export contract
  • Audited financial statements for the past three years
  • Business case projections
  • Content breakdown (Australian and other countries)
  • Know Your Customer information

 

Sovereign finance

  • As per Buyer/Supplier Finance
  • Diligence checks on Politically Exposed Persons
  • Understanding of the process to award the contract
  • Ministry of Finance Guarantee

Meet our team

Our project and structured finance team can support with finance solutions to meet your specific business needs.

Dougal Crawford

Director, Project & Structured Finance

More info

Jan Fuchter

Director, Project & Structured Finance

More info

Caroline Joo

Director, Project & Structured Finance

More info

Phil Paterson

Director, Project & Structured Finance

More info
Dan_Head shot

Dan Smart

Director, Project & Structured Finance

More info

Speak to one of our experts

To find out more about how we could support and the solutions we can provide, get in touch with our team today.

 

Call us    Email us