At Fair Grant Writing, we go through hundreds of financial statements every year. We have noticed how many businesses have Foreign Exchange Losses. There is no surprise in why this is the case. Most businesses are involved in international trade one way or the other (export or import), and very few international partners accept Canadian dollars. Traditionally, very few currency risk management options were available on the market.
We always strive to improve our clients’ businesses outside grant funding. We’re happy to introduce our partner, Ebury, a fintech firm backed by Santander Bank that provides various foreign currency management services for Canadian exporters and importers. Ebury provides:
- Foreign exchange risk management.
- Dedicated experts whose main focus is to protect bottom line.
- Competitive exchange rates compared to the Big 5 Banks and alternative companies.
- Foreign currency accounts in over 30 countries, allowing clients to have a local international presence.
- Unsecured Lending Facility and have access to over 140 currency pairs.
Not happy with Foreign Exchange Losses? No problem. Let experts in Ebury help you find the right solution for your business.
Contact Ebury: Zane Piranditta, 647-952-0529, zane.piranditta@ebury.com
If you are a Canadian exporter, remember that CanExport grant program is available for a limited time to help you enter new export markets. Its deadline is May 31, 2024. It provides 50% of your international marketing, consulting and compliance costs up to a maximum of $50K.