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 a new transaction in the Dominican Republic: a $600,000 USD loan to a Dominican firm to support their purchase of machinery produced by Bolton based Husky Injection Molding Systems Ltd.
Duncan Munn, Founder and Chair of Elevate said “The Dominican Republic is not only known for their travel and tourism industries but also for its growing economy. With expected GDP growth of close to 5% this year it’s a great opportunity for Canadian companies looking to grow into new markets.”
Said Ed Walsh, Elevate President: “Helping Canadian exporters is what we are about. Our access to liquidity gives us the fuel we need to fund foreign buyers and grow Canada’s exports. Our product is a differentiator and can help you close your next export deal.”
Elevate would like to congratulate Husky 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 on how we can support your export sales, we are only a phone call or email away:
Ed Walsh - President ewalsh@ElevateFinance.ca (416) 735-9480
Francisco Garcia - SVP and Chief BDO fgarcia@ElevateFinance.ca (604) 375-7146