Bibby Financial Services
Bibby Financial Services is a family-owned company offering a range of funding solutions including invoice finance, asset finance, and bad debt protection, supporting over 9,000 businesses across 300 industries in the UK, Europe, and Asia.
Services
Bibby Financial Services provides a range of financial services designed to improve cashflow and support business growth. These include invoice finance, asset finance, and bad debt protection. The company offers cashflow advance solutions that provide up to 100% of approved sales ledger funding. Additionally, Bibby Financial Services manages more than £6 billion in turnover each year on behalf of clients.
Invoice Finance Solutions
Bibby Financial Services offers invoice finance solutions that release cash from invoices in advance of customer payment. This includes both invoice discounting and factoring solutions, providing immediate access to cash tied up in unpaid invoices. The company supports various businesses by freeing up funds that can be reinvested into operations or growth opportunities.
Asset Finance Solutions
Bibby Financial Services offers a range of asset finance solutions to help businesses make significant investments without substantial upfront costs. These solutions include leasing, hire purchase, and refinancing to release cash from existing assets. The company supports various sectors by allowing businesses to acquire the necessary assets while maintaining healthy cash flow.
Sector-Specific Funding
Bibby Financial Services provides funding solutions tailored to multiple sectors, including business services, construction, export, manufacturing, recruitment, transport, and wholesale. They offer sector-specific solutions such as construction finance, contractual debt finance, and recruitment finance to cater to specialized industry needs. Their offerings help businesses manage sector-specific challenges and capitalize on growth opportunities.
International Trade and Foreign Exchange
Bibby Financial Services supports businesses involved in international trade by providing export finance and trade finance solutions. They bridge the gap between raising an invoice and getting paid, helping exporters manage overseas relationships effectively. The company also offers a foreign exchange service with competitive rates and the ability to trade in over 65 currencies, aiding businesses in managing international payments and securing favorable exchange rates.