EFIC offsets terrorism tale - Trade Finance - December 2011

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EFIC offsets terrorism tale

15 December 2011

Political thriller Last Dance is the latest film to receive funding under Australian export credit agency EFIC’s producer offset loan.

Read more: export credit agency eca EFIC Australia Last Dance producer offset loan Ulah Pty

The Export Finance and Insurance Corporation (EFIC) has extended a $572,874 loan to production company Ulah Pty to meet funding costs for its political thriller, Last Dance.

The film, written by Pulbrook and Terence Hammond, follows the...

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There is a lot more financing activity coming from the trading companies, mining groups, and multinational corporations that have excess liquidity at their disposal. In many cases they are sitting on cash given high commodity prices, and can still attract banks loans – borrowing base facilities and revolvers continue to be renewed. This allows them to get more involved in direct trade financing on a prepayment or transactional basis. Essentially this is supply chain financing and their treasuries have become a lot more sophisticated.

News sources of trade liqudity find their place - March 2012

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