- Ebury to support FIBA members with trade finance and international payment solutions as their lending partner
- Allows brokers to support companies with cashflow to mitigate supply chain issues and busy stocking periods via a full cash management solution
London, 10 May 2023: 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 for up to 5 years.
- Global payment and collection accounts allow 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.”
About Ebury
Ebury offers financial solutions and services to empower businesses of all sizes to trade and grow internationally with ease by removing global barriers. It provides unified solutions such as international payments and collections, FX in over 130 currencies for major and emerging markets, cash management strategies, business lending, and FX risk management.
Founded by Juan Lobato and Salvador García in 2009, the company is one of the fastest-growing global fintech companies, with over 32 offices in 21 countries and more than 1,300 employees. The volume of transactions executed by Ebury amounts to $21 billion annually.
