New Year Funding Announcement

Updated: Jan 12


Buyer financing division


Elevate Export Finance corp. News, Jan. 4 - Canadian exporter, Husky Injection Molding Systems secures seven figure transaction with Lorenpet Industria E Comercio De Plastico (Lorenpet) and parent company CPR Industria E Comercio De Plastico Ltda (CPR), with buyer-financing support from Elevate Export Finance Corp.

Elevate Export Finance corp. (Elevate) is pleased to announce the provision of a new buyer-financing loan for Husky Injection Molding Systems' (the exporter) sale of a Husky manufacturing system and three injection molds to support Lorenpet’s new contract. This also comes at a time of increased demand from Lorenpet’s existing customers. Elevate, who have a strong and growing partnership with Husky, is proud to be supporting Husky and their long-term, growing relationship with Lorenpet.

Established in 1994, Lorenpet is an established Brazilian company which specializes in the development and manufacturing of packaging in a sustainable way to reduce waste collection and increase recycling capacity.

Francisco Garcia, head of business development for Elevate said, “our ongoing support and financing of transactions between Husky and Lorenpet is important to us. We understand and value this ongoing relationship, and we look forward to supporting them more in 2021.

Husky continues to expand its global footprint in the Latin American region with customers that are focused on preserving the environment and reducing waste management. As we enter a new year, we are proud to be supporting Husky and its growing list of companies across the globe.”

Based in Ontario, Canada, Husky is a global leader providing innovative industrial technology to the plastics processing industry. Offering a full, end to end solution, Husky designs, manufactures and integrates its solutions to integrate its range of injection molding equipment, which includes machines, molds, hot runners, auxiliaries and integrated systems. Husky provides additional value-added services which includes, pre-form development, part design, factory planning, customer training, systems integration and complete asset management. The company has 40 offices and 4,000 people in 100 countries. (Kevin Fairs)

To learn more please contact us at elevatefinance.ca

(Kevin Fairs)