Bibby Appoints Ciccolo Managing Director of Factoring & ABL

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 Promotes Ahmad to Managing Director of Canada

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 Provides $10M ABL Funding to Fracking Products Manufacturer

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 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 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.

Bibby Global Restructures Executive Team, Box to Leave

Bibby Financial Services is restructuring its global executive team. The International Division of BFS will cease to operate, and its executive director, Steve Box, will leave the business.

Bibby Financial Study Finds Optimism in U.S. Economy, Less So Abroad

According to a recent study from Bibby Financial Services, 49% of business decisions makers describe the U.S. economy as performing positively, while only 12% said the same about the global economy.

Bibby Financial Appoints Watson North American CEO

Bibby Financial appointed Ian Watson as chief executive officer of its North American business. Watson previously served as CEO of Bibby’s Asia Pacific team.