Bibby Financial Services closed 88 deals totaling more than $45.5 million in Q1/15. Six notable transactions that contributed to the company’s first quarter success
include:
- A $1.5 million factoring deal based in southern California provided to an apparel company to aid in expanding its reach in the Americas.
- A $1 million factoring deal with a plastics manufacturer located in Toronto seeking to grow market share across the U.S. and Canada.
- A $750,000 factoring facility provided to a southern California manufacturer of beauty and skin care cosmetics to expand its product line.
- A $750,000 export factoring deal with a defense parts manufacturer and exporter located in the Southern U.S. to be used for working capital.
- A $600,000 factoring deal with a leading coconut water manufacturer based in Florida to allow the company to shift to a straight-to-retail business model.