Pembroke House, Banbury Business Park, Aynho Road, Adderbury, Oxfordshire OX17 3NS

Bibby Financial Services news round-up

Bibby Financial Services have been awarded a place on the Sunday Times 100 Best Companies for the fourth time, climbing 48 places to take 50th position.

The Sunday Times lists – compiled by Best Companies, based on the views of employees and businesses, are ranked on areas such as leadership, charitable giving, employee well-being and personal development.

The award ceremony was held at Battersea Evolution in London on 26 February. Reaching the top 50 means Bibby Financial Services are now classified as an ‘outstanding’ employer, achieving two-star accreditation.

Record month Bibby Financial Services Scotland

We’re also pleased to announce we increased our funding to Scottish businesses in January in what was our best month on record in Scotland. We’re now calling for more small and medium sized enterprises to review their cashflow positions to achieve growth.

Last month we provided in excess of £2.7million in new funding to Scottish SMEs – more than we provided throughout the first quarter of 2014. The number of funding agreements made in January is up 180 per cent, when compared to January 2014, making it the best since we opened our doors in Scotland in 1999. The news comes just two months after we announced the opening of our new Glasgow office on St Vincent Street.

Hexagon Leasing

Bibby Financial Services have also been pleased to announce a £600,000 purchase funding facility with Midlands-based Hexagon Leasing who have launched a new sales division following the funding injection.

Hexagon Leasing operates an 800-strong fleet of HGVs, vans and cars, offering vehicles on a contract hire or rental basis to businesses across the UK. The funding facility offered by Bibby Financial Services is unique in that we have agreed to advance an amount for the business to purchase a fleet of vehicles, without stipulating an invoice finance facility to cover the sale of vehicles to Hexagon’s customers.

This facility is solely based on the balance sheet of the business and our confidence in the team, it also demonstrates our expertise when it comes to managing risk effectively to support business growth.

BIBBY FINANCIAL SERVICES

As the UK’s leading independent invoice finance specialist and a trusted provider of cashflow funding to over 7,000 businesses, Bibby Financial Services provides a range of finance solutions for companies in over 300 industry sectors.

For more information about Bibby Financial Services’ cashflow solutions, visit: www.bibbyfinancialservices.com or call 0800 91 95 92.

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