We are pleased to announce the launch of our newest business Elevate Capital. As part of the Elevate Group of Companies, Elevate Capital will focus on working capital solutions for Canadian exporters. "We are very excited to enter this important space when Canadian companies need our help more than ever", says Elevate Chairman Duncan Munn. "It's challenging out there and Canadian companies are facing increased liquidity challenges and rising customer defaults. We have a new financial solution that will help.
"We are pleased to announce that Peter Nesbitt will be joining the Elevate Group as President of Elevate Capital. Peter is a well-known ally to Canadian exporters. He is career banker with a long and varied history supporting Canadian businesses exporting to the world. Peter has spent most of his career in Asia with BMO Capital Markets, Scotiabank, Export Development Canada, and most recently in Ottawa with the Canadian Commercial Corporation. Peter joins Elevate Capital on January 16th, 2023.