Page 65 - Canadian Industry Online

CMEcash flow is going to generate, or at- tract additional financing. Ultimately cash is king — not only for investors, but for manufacturers as well and it is critical for companies to ensure they are employing cash effectively using a strong flow strategy.Plenty of options are available for financing. Not only commercial banks, but also BDC, which is set up explicitly to provide capital financing for both expansion and new technology. Other sources of financing are available di- rectly through the government and canbe found using a site like CME’s Fund- ing Portal.EDC and other government in- stitutions provide bank guarantees, which are particularly important if investments are tied to international supply chain development or to export development. It’s crucial for compa- nies to recognize that all of these re- sources are available to them.How can Canadian manufactur- ers and exporters mitigate foreign exchange risk?65