EFIC: part of Drift finance plan

Australia’s export credit agency, Export Finance and Insurance Corporation (EFIC), has collaborated in the financing of the new Australian surfing drama, Drift, starring Sam Worthington, by providing
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Australia’s export credit agency, Export Finance and Insurance Corporation (EFIC), has collaborated in the financing of the new Australian surfing drama, Drift, starring Sam Worthington, by providing a direct loan against the film’s international distribution pre-sale.

The film’s producers, Drift International Pty Ltd, having obtained public and private finance for the film, were seeking interim funding to cashflow rebates and presales.

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