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Bibby Financial Services Funds Media Distribution Company with $2.5MM Factoring Facility

March 03, 2016, 07:36 AM
Filed Under: Distribution

Bibby Financial Services announces the provision of a $2.5 million non-notification factoring facility to a prominent media distribution company based in California.

Working with top international players in the media, entertainment and publishing industries, the company helps media industry leaders find simpler, smarter and faster ways to distribute media content worldwide. Dissatisfied with restrictions on a previous funding facility, the company sought out an established financial provider that would consider its needs and provide funding based on its unique industry requirements.

Bibby Financial Services (BFS) accommodated the company by providing a more tailored approach to investment capital, providing more flexibility and expanded funding terms. With minimal interaction between BFS and the company’s customers, the non-notification facility allowed the company to continue daily operations while focusing on business development.

“Our longevity and stability have allowed us the opportunity to fund and support businesses in a variety of industries, including everything from staffing, to apparel, to entertainment,” says Leigh Lones, Americas CEO. “This is a testament to the role commercial financing plays in supporting the growth of small and medium-sized businesses across the country, and we are proud to play a part in that advancement.”

Bibby Financial Services, a worldwide market leader in business financing solutions, supports businesses of all sizes in virtually every industry with flexible, customized funding solutions. With its asset-based lending and factoring products, the company provides clients access to the working capital needed to grow and support their businesses. Bibby Financial Services is proud to have helped more than 8,900 clients grow their businesses by providing more than $1 billion in funding across the globe. It operates offices in seven North American cities and 16 countries. Bibby Financial Services is a subsidiary of The Bibby Line Group, a privately held company established in the United Kingdom in 1807.

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