Bibby Financial Services Appoints Sam Cirelli to Senior Vice President Business Development
ATLANTA – Feb. 29, 2016 – Leading Provider of Commercial Finance Services Brings Industry Vet to Spearhead ABL Efforts
Due to continued industry demand, Bibby Financial Services hires Sam Cirelli as Senior Vice President, Business Development, to drive new business for the company’s asset-based lending offering. Cirelli is based in the company’s New York offices.
Bibby Financial Services is a well-established leader in asset-based lending and factoring and has recently seen great demand for its asset-based lending offerings from companies across a wide variety of industries and geographies. Cirelli will support the company as it expands its footprint within the Northeast.
With the company’s renewed focus on driving growth and development in the asset-based lending arena, Cirelli will identify and lead business development for the company’s U.S. market, targeting mid-market businesses with relevant collateral and a need for funding. Cirelli’s location, combined with 25-plus years of industry expertise, will support ongoing efforts for expansion with the company’s asset-based lending offering.
Cirelli joins Bibby Financial Services from Investors Bank. Over the course of his career, he was recruited by two major European banks to launch, create and lead corporate banking, asset-based lending, leveraged cash flow and trading and lending platform businesses in the U.S. Additionally, he serves as a part-time adjunct professor at Wagner College. He holds a Master of Business Administration degree from St. John’s University.
“Asset based lending stands the test of time and has served as a driving force for small and medium-sized business growth for decades. Sam joins a team of experts who value their role in providing the funding needed for companies on the verge of substantial growth and movement across a wide variety of industries. We are certain he aligns perfectly both culturally and skills-wise,” says Leigh Lones, Chief Executive Officer, Americas.
About Bibby Financial Services
Bibby Financial Services is a leading independent financial services partner to more than 10,250 businesses worldwide providing more than $11.6 billion in funding 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.