Bibby Financial Services

Share this article

Dave GoldingIn this week’s Bibby Blog, Dave Golding,  UK Sales Director, discusses key milestones for Bibby Financial Services in 2015.

With a significant stock market slide in China, uncertainty over the UK’s place in the EU and further questions over an interest rate rise, 2015 has been a period of change for the economy.

The year has also been a period of change for Bibby Financial Services (BFS). Unlike the wider economy, however, this change has been undoubtedly positive.

Building on our local presence
We’ve seen a number of milestone achievements over the past 12 months including the opening of our North and South London business centres, the relocation of our Central London office from Aldersgate to The Baltic Exchange, our inclusion in the Sunday Times top 50 Best Companies to Work For, and our award for Best Factor and Invoice Discounter at the NACFB Awards 2015 just last week.

In many ways, 2015 was a period of preparation for the years ahead but I’m delighted to report that this groundwork didn’t hinder our performance. In fact, my teams across the country have supported more SMEs and intermediaries than ever before.

In the UK alone, we’re now supporting  the growth of over 7,000 businesses and handling annual client turnover of more than £5bn. This is an incredible achievement for us and one that we’re incredibly proud of.

Focus on Corporate
We’ve seen strong growth in our Corporate Finance proposition, with our Corporate Team structuring some great deals with brands such as Turtle Wax, Morris Furniture and Ripmax.

Our Trade and International teams have performed exceptionally well and it has been another strong year for our Construction Finance offering.

Furthermore, we have had some fantastic success combining trade and receivables finance facilities. Over the year ahead, we will look to further combine our invoice finance heritage with our expertise in trade finance and leasing in order to offer even more support to our clients’ and intermediaries alike. It’s this breadth of offering that simply cannot be matched by other funders.

The relationships we have with our intermediary partners continue to go from strength-to-strength and I’d like to take this opportunity to thank you all for your continued support. By working together, I truly believe we can help to support the growth of SMEs throughout the country and help to drive the UK economy back to growth.

Finally, on behalf of BFS, I’d like to wish you all a fantastic Christmas and a happy New Year. We look forward to developing more business with you in 2016.