Bibby Financial Services

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In 1987, entrepreneurs Stuart Dunbar and Richard Harve thought they saw a gap in the market for exporting British food abroad. 27 years later their company Oak Exports is a successful exporter of British food and drink to over 40 overseas markets including Asia, Australia and the Americas.

The Cheshire based business has offices all over the world and specialises in exporting such well-known brands as Cadburys, Walkers and John West. For the last ten years Oak Exports has built its reputation with the assistance of Bibby Financial Services.

Exporting challenge

Exporting can be rewarding for businesses but there are always some challenges when dealing with overseas companies. The partners soon discovered that the UK standard 30 day waiting time for payments doubled to 60 days when working with overseas customers.

“Differing payment terms across the world are to be expected, but we needed to address the problem quickly to maintain the excellent relationships we had built with our suppliers” Stuart explains.

Export Finance help

Soon, Stuart and Richard turned to Bibby Financial Services and took advantage of their Export Finance Product. They’ve now been using the service for over 10 years and during this time turnover has grown by 60 per cent, from £5million to £8million.

Stuart says: “We were previously working with another finance provider but were unsatisfied with the offering available to us. When we were introduced to Bibby Financial Services in 2003, it was the start of a great partnership and we’ve never looked back.”

Continuous flow of cash

Bibby Financial Services’ Export Finance facility releases a continuous flow of cash for businesses to develop overseas activities. On top of this, an overseas collection service is also useful. Manned by a multilingual team who take responsibility for preparing and issuing invoices.

Businesses can also avoid issues with fluctuating exchange rates by utilising Bibby Financial Services’ assistance with foreign exchange and currency dealing which protect against exchange losses.

Contact 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 businesses in over 300 industry sectors. They’re also market leaders in Export Finance.

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