| Category: | Business advantages | National: | 7 |
|---|---|---|---|
| Regional: | 8 | Amounts: | $20,000 - 10 million |
For example, Export Finance and Insurance Corporation (EFIC) will insure your accounts receivable, covering your full book of business for up to 90 percent of your losses against such export risks as foreign customers refusing to pay. Your insurance might also cover refusal to accept the goods, bankruptcy or insolvency, cancellation of import or export permits, currency transfer, contract cancellation, and wars or insurrections.
Australian recipients discuss their success and give funding tips.
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