For Immediate release: Elevate Export Finance Corp., a Canadian-based lender which provides funding to foreign buyers of Canadian manufactured goods is pleased to announce its first transaction in Brazil: a 2MM USD loan to a Brazilian firm to support their purchase of machinery produced by Mississauga based Macro Engineering and Technology Inc.
Duncan Munn, Founder and Chair of Elevate said “We are always looking for opportunities to help Canadian companies penetrate new export markets. We have a global mandate and are active in many many markets, including throughout Latin America. We are delighted to fund this first transaction in Brazil, which is a significant market and opportunity for Canada.”
Said Ed Walsh, Elevate President: “We have significant liquidity which we are looking to deploy. Financing can be the difference between making the sale or not. This is where Elevate comes in with structured finance solutions to support local Canadians exporters.”
Francisco Garcia., Elevate’s SVP added: “If you are an exporter, and you need help closing the deal, give us a call. We can tailor a solution to meet your needs.”
Elevate would like to congratulate Macro Engineering on this important transaction which demonstrates once again that Canada can compete effectively in the Global Market.
About Elevate:
Elevate, a Canadian-based lender, has partnered with Export Development Canada (EDC) and financial institutions to provide the customers of Canadian small and medium sized businesses with structured finance solutions. We lend to foreign buyers of Canadian Exporters to help support Canadian Export Success.
For More information Contact
Ed Walsh, President, ewalsh@elevatefinance.ca 416-735-9480
Francisco Garcia, SVP and Chief BDO, fgarcia@elevatefinance.ca 604-375-7146