The EFA SME Trade Finance Fund, EFA Group’s latest fund, has successfully deployed over US$100 million of short-term receivables and supply chain financing to its portfolio of over 30 small and medium-sized enterprises (SMEs). Launched in July 2017, the Fund provides vital working capital that businesses, particularly in Asia, need to grow. By lending to SMEs, the Fund aims to deliver an annualized net return of 6% - 8% to investors. The Fund marked the Group’s diversification from commodity trade finance to capture financing opportunities in non-commodity sectors. Top industries financed currently include medical products, automotive components and IT hardware/software services.
