Bibby Provides Nearly $23MM in Funding in Q1/18

Bibby Financial Services provided funding to 91 new clients in the U.S. and Canada during Q1/18. It saw a 30% growth in the number of clients funded in Q1/18 compared to Q1/17, with nearly $23 million in total funding facilities providing business growth over the previous year.

Bibby Provides $35MM in Commercial Finance in Q4/17

Bibby Financial Services provided $35 million in commercial financing to 64 new clients in North America during Q4/17.

Bibby Provides $8MM ABL Facility to Steel Manufacturer

Bibby Financial Services provided an $8 million asset-based credit facility to a global manufacturer of large steel products used by the construction, mining and oil and gas industries.

Bibby Provides International Financing for Chameleon Art

Bibby Financial Services provided arts and crafts manufacturer Chameleon Art Products with a $750,000 factoring facility to support its U.S. business. Concurrently a £400,000 ($535,000) funding line was advanced to Chameleon’s UK business by Bibby Financial Services in the UK.

Bibby Provides $7.25MM Revolver to Engine Recycler

Bibby Financial Services provided a $7.25 million asset based revolving credit facility to a U.S.-based metal and aircraft engine processor and recycler.

Bibby Provides $3MM Factoring Facility to Salad Dressing Maker

Bibby Financial Services provided a $3 million factoring facility to support a U.S.-based global manufacturer and distributor of organic salad dressings.

Bibby Financial Funds 81 New Clients in Q3/17

Bibby Financial Services funded 81 new clients in Q3/17, providing $23.8 million in commercial lending to small and medium-sized businesses in North America.

Bibby Financial Services Adds Ferrara, Smith to U.S. Team

Bibby Financial Services appointed Todd Ferrara as chief administrative officer for North America. Melissa Smith accepted the position of head of Operations for the U.S. and will manage both the ABL and Factoring divisions.

Bibby Survey: U.S. SMEs Bullish on Economy, Business Outlook

Bibby Financial Services released the results of its annual Global Business Monitor survey, and found that two-thirds of U.S. SMEs have a positive view of the economy, despite concerns over the global economy.

Bibby Financial Revamps Strategic Sales Team

Bibby Financial Services named Daniel Rodrigue national head of its Asset Based Lending, Factoring and Transportation Finance sales teams. BFS veterans Blake Kennedy and Brian Albach have been promoted to newly created roles as regional sales managers for the Southeast and Midwest, respectively.