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22 March 2017

Bibby Financial Services Re-structures its Global Executive Team

As a result of the changes, Edward Winterton will become Chief Executive, UK moving from his current position of UK Commercial Director. Ian Watson will expand his role to become Chief Executive, North America to now incorporate responsibility for Canada, whilst Richard Carter will move into the newly created role of Chief Executive, Europe and Asia. All new appointees will be members of the Global Executive Committee (ExCo), and report directly to Global Chief Executive, David Postings. Edward Winterton will also join the Global Board. Read more

13 March 2017

Bibby Financial Services Provides Nearly $3 Million in ABL Financing to Georgia Based Building Products Firm

(BFS) announced today it is providing nearly $3 million in financing to a Georgia-based distributor of insulation, garage doors and exterior gutters for residential and commercial buildings. The asset-based funding will be used to refinance existing lines of credit and provide needed working capital to support the company’s strategic growth plan. Read more

02 February 2017

Bibby Financial Services Provides Financing to United Plastics Group

Bibby Financial Services (BFS) announced today it was supporting United Plastics Group (UPG), a Houston-based manufacturer of specialized plastic parts, components and complete finished goods to multiple industries, owned by Turnspire Capital Partners, with an asset-based financing facility. Read more

18 January 2017

Bibby Financial Services Provides $2.3M in Financing to Metal Products Manufacturer

Bibby Financial Services (BFS) today announced a combined $2.3 million line of financing to a Chicago-based metal products manufacturer. The company supplies aluminum products for a variety of industries including the automotive, lighting, medical, military and packaging sectors. The funds, composed of a $1.5 million factoring facility and an $800,000 term loan, will allow the company to expand its business capabilities and serve more clients through the development of new applications and products. Read more

04 January 2017

Bibby Financial Services Provides $4.25 Million in Financing to Canadian Manufacturing Companies

Bibby Financial Services Canada announced a combined $4.25 million line of financing to two Canadian manufacturing companies. The funds will allow the companies to generate more working capital for their day-to-day business needs and improve liquidity at a time when banks are restricting funding to small businesses in some industries. With these deals, BFS has provided $300 million in financing in 2016 to 250 Canadian companies in virtually every sector including staffing, manufacturing, distribution and transportation and logistics. Read more