Bibby Financial Services North America Kicks Off 2020 with Funding to New Clients

Bibby Financial Services (BFS) North America extended a $2M ABL line to a manufacturing company. The client is a manufacturer of single and multiple-part continuous computer paper and custom business forms.

BFS provided $900K in funding to a company that manufactures navigation aids (lights, signs, buoys, etc.) and helideck products primarily for offshore oil. The client has multiple operations in the US and abroad. The UK sister company has factored with Bibby Financial Services since 2018. BFS is excited to now be working with the US entity, as well.

In addition, BFS provided $1.5M in funding to a mobile staffing agency and $500K in funding to a printing equipment supplier in business for over 40 years, among other new deals. BFS is excited to help these new clients grow and find success as they expand in 2020.

About Bibby Financial Services

Bibby Financial Services is a leading independent financial services partner to more than 10,900 businesses, providing more than $1.25 billion in funding annually and handling $11.6 billion in annual client sales. With over 40 operations in 14 countries spanning 3 continents, BFS provides asset-based lending and factoring solutions to help businesses grow in domestic and international markets. To find out more about Bibby Financial Services in the USA or Canada, please visit www.bibbyusa.com or www.bibbycanada.ca.