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Saturday, December 14, 2024

Ebury Announces Partnership With the Financial Intermediary & Broker Association (FIBA)

Global financial services firm Ebury is delighted to announce its new partnership with FIBA – the Financial Intermediary & Broker Association.
This exciting collaboration will allow FIBA members to support businesses with effective lending, risk management and cash management solutions through Professional Partner.
Ebury’s services offer intermediaries access to the following business solutions:

  • Unsecured trade finance revolving credit facility of between £50,000 and £3 million with no set up or maintenance costs.
  • International payments in 130+ currencies and hedging tools to mitigate volatility in foreign markets with the ability to lock in pricing up to 5 years.
  • Global payment and collection accounts allowing companies to receive funds domestically, avoiding high wire costs and automatic conversion all in one online portal.

The partnership aims to leverage Ebury’s market-leading services and expertise in business lending, international payments and cash management solutions so that FIBA’s members can enhance their client proposition.For example, brokers will now be able to provide cash flow to companies so that they can mitigate supply chain issues and navigate busy stocking periods throughout the year which would have previously been challenging.

Ebury will support brokers’ clients with a dedicated Relationship Manager, a global footprint spanning 32 offices worldwide and a 24/7 online platform to simplify transactions.
Kevin Copping, Senior Head of Desk Partnerships at Ebury commented, “We are delighted to be working with FIBA and supporting their members with our market-leading capabilities.“At a time of market volatility and with stresses across global supply chains persisting, the ability to provide businesses with efficient FX risk management and lending solutions is increasingly important. Ebury specialises in simplifying international trade and so we are ideally placed to work with FIBA members and their clients to achieve positive outcomes.”

Martin Reynolds, Executive Chairman at FIBA, added: “Enabling our members to fulfil their client needs is central to our purpose. We are excited to partner with specialists like Ebury to ensure brokers and intermediaries can continue to provide outstanding service to SMEs in the UK.”

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