Bibby Financial Services blog

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We started the Bibby Financial Services blog early this year, and as 2014 draws to a close we want to look back at some of our most popular blogposts from the last 12 months.

It’s certainly been a busy a year! Back in July we reported on big news for the alternative funding sector when the Government called for banks to refer small and medium size businesses to other lenders. This came after our research revealed that one in five SMEs were turned down for bank finance in the previous 12 months.

Alternative funding

Our blogpost titled ‘Bank referals to ‘Alternative Funding’ a positive step’ from July, certainly piqued the interest of our readers. We found a high proporation of business owners had been turned down for funding because they hadn’t been trading long enough.

This came on the back of a study we conducted of 1,000 businesses that found nearly half (44 percent) of businesses rejected for finance were told they hadn’t been trading for a lengthy enough time period. This led us to write a blogpost on the subject, which also highlighted the dangers of self-funding, which with a lack of available financing, many owners had come to rely on.

We also covered the fact the we found that one in three small businesses were considering switching funding provider, this blogpost highlighted new research carried out by ourselves that revealed 20 per cent of small businesses felt that their current funding model was not flexible enough, and that 42 per cent felt the customer service they received was not up to scratch.

West Midlands

In October 2014, Bibby Financial Services featured on the BBC, discussing the rapid growth in the West Midlands region. The BBC report  highlighted findings from our own West Midlands report which found that the economy in the West Midlands was growing at a rate barely matched in other areas of the UK.

We celebrated business in the West Midlands in 2014 when we opened the new West Midlands Business Centre in October. Our report Building Future Growth on a Heritage of Excellence detailed our studies done in the region.

Year-end funding

Towards the end of 2014 we were pleased to announce that we increased the funding we provide small and medium sized businesses to over £400m. This came on the back of news that from July to the end of September 2014, we boosted funding from £392m to £415m, representing a 5.8 per cent increase in just three months.

Here on the Bibby Financial Services blog, we’ll continue to report the very latest news and views on cashflow funding in 2015, for now we’d like to wish all our readers a Merry Christmas and a Happy New Year.


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: or call 0800 91 95 92.