Bibby Transportation Finance (BTF), a subsidiary of Bibby Financial Services, announces the addition of Ivan Cook as Business Development Officer. Cook rejoins BTF to focus on providing freight factoring and asset-based lending solutions to customers as the company accelerates its North America growth strategy.

Cook brings more than 15 years of experience in transportation finance to his new role. He most recently worked for Amerisource Funding, Inc. where he served as a regional market manager developing lead sources and referral partners. Prior to Amerisource he spent nearly six years at Bibby Transportation Finance where he specialized in providing funding solutions for trucking companies of all sizes. Cook began his financial services career at Comdata Financial Services and gained expertise in the trucking sector during his tenures with Roadway Express Inc., and United Parcel Service.

“We are extremely excited to have Ivan rejoin the Bibby Transportation Finance team as a Business Development Officer based out of Nashville,” said Mary Ann Hudson, Executive Vice President, Bibby Transportation Finance. “With his extensive background in the industry, and his commitment to customer service, we look forward to the contributions Ivan will bring to Bibby Financial Services and our clients. He will support both the factoring and ABL product lines for Bibby Financial Services.”

“It’s an exciting time to return to BTF as the company has demonstrated its commitment to funding new business in this tough economy,” said Cook. “What differentiates BTF is the support that we provide to customers, and I look forward to working hand-in-hand with our clients to help them achieve their goals.”

Bibby Financial Services is a leading independent financial services partner to more than 9,500 businesses worldwide providing more than $1 billion in funding globally. With over 40 operations in 14 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.