Asset Finance International reported that Bibby Financial Services announced David Postings was appointed as global chief executive officer.
Bibby Financial Services said it provided an $11 million asset-based lending facility to Fragrance Acquisitions, dba Preferred Fragrance.
Bibby Financial promoted Barry Kastner to executive vice president, head of business for the company’s large business unit after being hired to lead its asset-based lending platform just four months prior.
Bibby Financial Services said Global CEO Simon Featherstone is leaving the UK-based finance specialist. Featherstone will be replaced, on an interim basis, by David Postings, Bibby’s UK chief executive.
Bibby Closed 88 deals totaling more than $45.5 million in Q1/15.
Bibby Financial Services announced funded a $1 million recourse factoring facility for a British Columbia-based manufacturer.
Bibby Financial Services announced that it has funded a $4 million factoring facility for an Alberta-based distributor. The company markets high quality and energy-efficient wood-pellet-burning barbecue grills.
Bibby Financial Services announced the promotion of Graham Plater to managing director in the Southern region. Plater joined Bibby in 1997, undertaking various roles in the UK office.
Bibby Financial announced the addition of Debra Vanderhoff to its Florida-based sales team as business development officer. She will report directly to National Sales Director Marcus Ferrari.
Bibby Financial said Kate Smith has been promoted to head of operations, Midwest, responsible for managing the operations team and growing the portfolio.