Managing liquidity effectively in today’s economic environment is a true balancing act. On the one hand, maximizing returns to earn higher yields is imperative—both for Santander and for our commercial clients. On the other hand, maintaining the flexibility to execute capital expenditures when the time is right is also vital to a company’s growth.

While T&E cards remain popular for everyday travel expenses, a new payment solution is gaining momentum: Virtual Travel Cards.

When conducting business internationally, your company may be exposed to currency risk—even if you buy and sell in U.S. dollars (USD). Generally, operating in USD is driven by the desire to eliminate currency risk and to make transactions more efficient. However, doing so may not prevent your company from explicit or implicit currency risk.

For forward-thinking middle-market companies in the U.S., the allure of going global is an enticing one— and for good reason. However, as with any trip abroad, preparing for the undertaking requires a few things: a curious mind, a realistic game plan, and access to resources that can help you make the most of the journey.

Treasury departments in businesses today define what it is to be caught in a balancing act. Ken Deveaux, Managing Director and Head of Transaction Banking at Santander Bank, shares his approach to how to optimize working capital now—and how you can strategically take on whatever enters the ring tomorrow.

For middle market companies, growth is not a given; it’s the result of many moving parts working in sync. That includes a product that continually meets customers’ needs. The right financing. The right timing. And, of course, having the right team to support you along the way. Read More