020 7898 0500Industry Overview
The construction industry is notorious for its thin margins and complexity. With daily changes in the value of goods, timing is everything. From the soaring costs of raw materials like steel and timber to the complexities of international logistics, your profitability is constantly exposed to the whims of the currency markets.
Whether you’re a Tier 1 contractor sourcing specialised machinery from Germany or a developer managing a multi-year project with an international supply chain, currency fluctuations can turn a profitable build into a deficit overnight. At Smart Currency Business, we understand that in construction businesses require certainty over their budget at every stage of the build.
Key challenges
When it comes to navigating currency markets, construction firms face unique risks.
Material price volatility
The cost of imported materials (aggregates, steel, glass) can shift between the tender stage and the procurement phase, eroding your forecast margins.
Long-term projects
Construction projects often span years. Without a strategy to hedge against long-term currency shifts, your initial budget becomes a moving target.
Overseas sub-contractors
Managing payroll and payments for overseas specialist consultants and labor requires efficient, low-cost international payment rails.
Equipment procurement
Large capital expenditure (CAPEX) on machinery from overseas markets requires precise timing to avoid overpaying due to sudden dips in exchange rates.
Download our latest Quarterly Forecast
SmartHedge PRO is our currency management platform that makes tracking exposures simpler than ever. Developed and tested to address pressing challenges UK companies face, SmartHedge PRO offers automated solutions that allow business to spend less time pouring over spreadsheets and more time making the decisions that matter.
Case Study
Achieving liftoff
Read how our expertise helped this aviation business manage its risk and recoup investment costs.
Managing currency exposures is key in volatile markets. Our team were able to implement a range of risk management strategies to mitigate this company’s exposures.
Risk management advice
Our sector experts used their expertise to implement a bespoke risk management strategy
Encouraging innovation
Our knowledge of government schemes rewarded the company for innovation
Time-efficient
All this was achieved in double quick time
How we work
Trading with us is simple
Follow our streamlined steps to navigate currency markets effortlessly.
Open an account
Opening an account with Smart Currency Business is simple.
Quick and easy
Complete the enquiry form below, or give us a call.
Guided process
Our team will be happy to guide you through the process.
