Bibby Financial Services brought on board David Ciccolo as its new managing director for its U.S. Factoring & Asset Based Lending business based in Atlanta.
Bibby Financial Services Canada promoted Kash Ahmad to managing director, as the company looks to grow its support for businesses trading domestically and overseas.
Bibby Financial Services provided a $10 million ABL facility to an oil and gas industry client that manufactures and distributes products used for hydraulic fracturing and other well-related products.
Bibby Financial Services North America funded close to $60 million in alternative financial solutions for more than 240 new clients in the U.S. and Canada during Q2 & Q3 of 2018.
Bibby Financial Services North America launched an affiliated with Precision Global Consulting to provide a complete recruitment finance and payroll funding solution for staffing companies.
Bibby Financial Services completed the funding of a C$5 million ($3.87 million) accounts receivable facility to an Ontario-based IT systems manufacturer.