How Australian businesses are pivoting during COVID-19, and what you could learn from them.

As we continue to navigate the impacts of the global pandemic, here’s how Export Finance Australia is supporting Australian businesses.

When it comes to Mining Equipment, Technology and Services (METS) and Construction Services, Australia has world-class capabilities. An unprecedented rise in activity over the last decade has enabled these sectors to thrive - and demand for innovative products and quality services is expected to grow. If you supply goods or services which are part of a final product that is exported, your business may be part of an export supply chain – even if you don’t sell internationally yourself, or deal with the end exporter.

Exporting can be risky. Operating in an unfamiliar, foreign market will always throw up new challenges to navigate, however established a business may be in its domestic market.

Working with small and medium business (SME) exporters on a daily basis, we get a lot of feedback on some of the key challenges they face when entering new overseas markets. From understanding cultural differences to what currency to trade in, the challenges of exporting can seem daunting, even to

At Export Finance Australia, we see many of our customers face challenges of growing their export business. From understanding a new market to finding critical financial support, the key is often thinking innovatively about the way your business operates.

If you’re in the business of exporting, you’ll know that having access to finance is critical – but managing cashflow can sometimes be a challenge. The key to exporting successfully is to understand and manage your risks. That way, you’ll be able to make the most of the opportunities and be on the way to becoming cashflow positive.