Business finance marketplace, Funding Options, has launched a partnership with Caxton FX for its market leading prepaid Corporate Currency Card to help UK small businesses better manage their finances when overseas for business trips, conferences, trade missions and meetings.
Businesses will benefit from competitive rates on pre-loaded currencies, no overseas point of sale fees or charges, and they can also monitor employee transactions in real time.
Funding Options is the UK’s leading marketplace for business finance, helping small businesses access alternative forms of finance through more than 50 active lenders. The partnership with Caxton FX demonstrates Funding Options’ ongoing commitment to supporting the small business community across all areas of financial management.
Conrad Ford, CEO and Founder of Funding Options, said: “A pre-loaded currency card is the simplest way for small business owners to manage their business travel expenses and especially for those who regularly operate internationally. We are excited that, through our partnership with Caxton FX, we are now able to offer businesses our unique Currency Card with preferential currency rates and additional financial management features. We believe that the partnership with Caxton FX is an important milestone for Funding Options as we begin to explore what other financial solutions we can offer small businesses to help them better manage their finances while saving time, money and stress.”
Andy Demetriades, Director of Treasury Solutions & Partnerships at Caxton FX adds: “Regularly, small business owners are hit with additional unwanted charges incurred as a result of overseas transactions while expense reconciliation post-travel can be problematic. Our Corporate Currency Card offers a great solution and is hugely popular with business travellers from many different industries. The landscape for SMEs is constantly shifting and by partnering with Funding Options we are able to offer our services to a broader range of UK SMEs.”