Bibby Financial Services (BFS) today announced a combined $22.5M in funding to 70 new clients across a wide range of industries within the U.S. and Canada during the first quarter of 2017. Overall, BFS provided $4M more in funding and supported 19 more clients compared to the first quarter of 2016. This increase in funding represents a 22% increase in business growth year-over-year. Read more about notable financing solutions delivered and how Canada sees its best first quarter here.
About Bibby Financial Services
Bibby Financial Services is a leading independent financial services partner to more than 10,250 businesses worldwide providing more than $1.25 billion in funding annually and handling $11.6 billion in annual client turnover globally. With over 44 operations in 13 countries spanning Europe, North America and Asia, we provide asset based lending and factoring solutions to help businesses grow in domestic and international markets. Established in 2001, Bibby Financial Services North America has seven offices in the U.S. and Canada that support businesses in virtually any industry. We hold memberships in the Commercial Finance Association, the International Factoring Association, and the American Finance Association. Bibby Financial Services is part of Bibby Line Group (BLG), a diverse and forward-looking family business with over 200 years’ experience of providing personal, responsive and flexible customer solutions. To find out more about Bibby USA and Bibby Canada, please visit www.bibbyusa.com or www.bibbycanada.ca.