// EXPERT PROFILE // to manage the complexities of international instability. Cross-border payments, for instance, can be a key source of complexity in a high-tariff environment, carrying hidden expenses such as currency conversion fees or unfavourable rates. SMEs need to be ready to implement hedging strategies to stabilise costs and limit the impact of market movements on sales margins. In doing so, they can also improve cash flow forecasts and secure profitability by locking in exchange rates. This helps ensure more predictable financial outcomes in international trade.

Moreover, SMEs that operate in foreign markets need to be kept up-to-date with the latest risks and opportunities. They need real-time market monitoring to mitigate unexpected costs and avoid overpayment on foreign currency transactions. With specialised support through monitoring real-time market shifts, and working closely with trade advisors for risk management, SMEs can reduce financial uncertainty, protect cash flow and strengthen supplier relationships.

Capitalising on new opportunities

With strong financial foundations, UK SMEs can remain agile and ready to capitalise on market opportunities as they arise. Take businesses that operate in manufacturing, heavy machinery or petroleum, for example, they could use uncertainty within the Mexico- US trade corridor to expand industrial exports at more competitive prices.

Alternatively, if demand for UK goods decreases with tariffs, this may give these SMEs the confidence to seek out new

Vivek Savani, UK Country Manager, iBanFirst

WITH STRONG FINANCIAL FOUNDATIONS, UK SMES CAN REMAIN AGILE AND READY TO CAPITALISE ON MARKET OPPORTUNITIES AS THEY ARISE.

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