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Bibby Financial Services North America Kicks Off 2020 with Funding to New Clients

January 23, 2020, 09:00 AM
Filed Under: Industry News

Bibby Financial Services (BFS) North America extended a $2 million ABL line to a manufacturing company. The client is a manufacturer of single and multiple-part continuous computer paper and custom business forms.

BFS provided $900,000 in funding to a company that manufactures navigation aids (lights, signs, buoys, etc.) and helideck products primarily for offshore oil. The client has multiple operations in the US and abroad. The UK sister company has factored with Bibby Financial Services since 2018. BFS is excited to now be working with the US entity, as well.

In addition, BFS provided $1.5M in funding to a mobile staffing agency and $500,000 in funding to a printing equipment supplier in business for over 40 years, among other new deals. BFS is excited to help these new clients grow and find success as they expand in 2020.

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