Bibby Financial Services (BFS) North America extended a $2 million ABL line to a manufacturing company. The client is a manufacturer of single and multiple-part continuous computer paper and custom business forms.BFS provided $900,000 in funding to a...
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January 23, 2020, 09:00 AM
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Bibby Financial Services (BFS) provided $1.8M in funding to an emergency relief restoration services company specializing in remedying damages on buildings caused by floods, fire, mold, and asbestos. Previously funded by another factor, the company...
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November 21, 2019, 08:00 AM
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Tight cash flow is the greatest challenge facing small businesses in the U.S., according to the latest Global Business Monitor study from global SMB partner, Bibby Financial Services (BFS) and global leader in trade credit insurance Euler...
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October 23, 2019, 09:00 AM
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Bibby Financial Services (BFS) provided $2 million in funding to a company based in New York that manufactures RFID tags for tracking inventory. Their previous factoring company required a full paper trail and verification per invoice. With over...
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September 27, 2019, 08:00 AM
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Bibby Financial Services (BFS) provided $2 million in funding to a manufacturing company based in Ohio. The company manufacturers desulfation products that extend the life of vehicle batteries. Self-funded since its inception in 2015, the company...
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September 12, 2019, 08:00 AM
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Bibby Financial Services recently closed more than $10 million in funding in six transactions in the U.S. and Canada.Bibby Financial Services (BFS) extended $7.5 million to a health food manufacturer and distributor. When the company came to BFS...
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June 06, 2019, 08:45 AM
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Bibby Financial Services recently completed four new deals totaling $1.9 million.Bibby Financial Services (BFS) provided $250K in funding for a South Carolina transportation company. With strong experience in trucking, the owners of this start-up...
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April 12, 2019, 09:05 AM
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Bibby Financial Services (BFS) funded a $10 million asset-based lending facility to a manufacturing and distribution company that develops, markets and distributes premium vitamins and supplements. The company chose BFS as its lender because of their...
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December 05, 2018, 08:01 AM
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Bibby Financial Services (BFS) recently closed four transactions for a total of $4 million in total financing.
BFS provided $1 million in funding to a Midwest company that provides telecommunications services and utility contract work for Internet...
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November 20, 2018, 08:00 AM
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Bibby Financial Services (BFS) completed eight deals recently for total commitments of $7.95 million.
The new deals include the funding of $1 million to a start-up cosmetics wholesaler and distributor. At the point where asking friends and family...
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June 27, 2018, 07:00 AM
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Bibby Financial Services (BFS) recently completed the funding of a $5M CAD AR facility to an IT systems manufacturer based in Ontario.
The company needed a new senior lender and chose BFS due to their global presence and ability to scale with the...
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May 23, 2018, 07:00 AM
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Bibby Financial Services (BFS) announced that in Q4 of 2017 the company provided over $35MM in commercial financing to 64 new clients across all of its North American product lines. BFS specializes in financing small and medium-sized businesses...
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February 15, 2018, 08:00 AM
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Bibby Financial Services (BFS) announced a $1 million factoring facility delivered to Greenline, an emerging market retail service provider with offices in Las Vegas, Nevada and Stockton, California. Referred by brand partners who are also former BFS...
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August 23, 2017, 08:00 AM
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Bibby Financial Services (BFS) announced that it has provided $16 million in funding to 77 new clients in the second quarter of 2017. BFS U.S. and BFS Canada brought on 56 and 21 new clients respectively, during the second quarter. The...
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August 15, 2017, 09:00 AM
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Porter Capital Corporation announced that Kate Smith has joined the company as Vice President of Operations. Smith joins Porter Capital from Bibby Financial Services where she ran the Chicago Operations team and prior to that post the Operations Team...
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August 03, 2017, 08:00 AM
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Bibby Financial Services (BFS) announced a $2 million factoring facility delivered to a casual apparel company based in California. The company provides outdoor and surfing-themed t-shirts and other apparel to specialty retailers and to consumers via...
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July 31, 2017, 07:00 AM
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Bibby Financial Services (BFS) is forecasting an even stronger second half of 2017 after seeing increases in funding lines provided across all business segments and successful client retention in the first half of the year. BFS’s funds employed is up...
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July 11, 2017, 08:00 AM
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Sallyport Commercial Finance has named Damon Dickens Vice President of Risk and Underwriting, and Ingrid Chen as Senior Account Executive for the firm's West Coast Office Dickens born in Wales, UK, studied Mathematics, Statistics, and Economics (BSc)...
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April 10, 2017, 07:00 AM
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Bibby Financial Services (BFS) announced a successful Asset Based Lending transaction to Houston-based Praxis Energy Agents. BFS is providing a Revolving Line of Credit of $5 million. Praxis, an international bunker trader, which funds the fuel needs...
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December 22, 2016, 08:05 AM
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Results of the inaugural Global Business Monitor by Bibby Financial Services (BFS) found that U.S. business decision makers (BDMs) are markedly more optimistic about the current state of the domestic economy than that of the global economy. 49...
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November 30, 2016, 07:20 AM
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Bibby Transportation Finance (BTF) will celebrate ten years in business this month and will commemorate the occasion at an event at the Wildhorse Saloon where employees, clients, and other attendees will participate in a raffle to raise funds for the...
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September 21, 2016, 07:16 AM
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Bibby Financial Services (BFS) announces the provision of a $2.85 million credit facility comprised of a $2.2 million accounts receivable facility and a $650,000 inventory line. The new facility will provide the manufacturer of dietary supplements...
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August 18, 2016, 07:12 AM
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Bibby Financial Services (BFS) announces the provision of a $4.5 million asset-based lending (ABL) facility with a $1.5 million inventory line of credit sublimit to a distributor and wholesaler of a trusted source for earth-friendly and...
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August 10, 2016, 07:43 AM
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Super G announced the firm provided a $1.25 million second lien seasonal over-advance loan to a sposor-backed company that formulates and distributes impression fragrances. The second lien loan complements Bibby Financial Services' asset-based loan. ...
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April 28, 2016, 07:26 AM
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Bibby Financial Services announces the provision of a $2.5 million non-notification factoring facility to a prominent media distribution company based in California. Working with top international players in the media, entertainment and publishing...
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March 03, 2016, 07:36 AM
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Bibby Financial Services announces a major lending deal for early 2016 – a $3 million asset-based loan provided to a Florida-based provider of skilled labor for the oil and gas and marine industries.The value-added service provider has supported...
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January 26, 2016, 07:12 AM
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Bibby Financial Services secured a total of $104,660,000 in financial solutions for 307 new clients in 2015. Most of the company’s largest deals involved revolving lines of credit above $2 million, evidence of the company’s successful expansion into...
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January 12, 2016, 08:02 AM
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Bibby Financial Services Canada announces a $2.5 million asset-based loan provided to the continent’s largest manufacturer of office security containers. The company has provided high-quality products since its inception in 2003 and has four...
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January 06, 2016, 07:07 AM
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Bibby Financial Services announces a $4 million revolving line of credit for a major manufacturer of skin care devices and personal care products. The company is a leader in cutting edge beauty solutions, high-tech devices and treatments designed for...
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December 22, 2015, 07:44 AM
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Bibby Financial Services announces a $1 million factoring facility provided to a national labor subcontracting company. The company provides skilled, semi-skilled and specialty labor to businesses in a variety of industries across the country.The...
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December 15, 2015, 07:14 AM
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Bibby Financial Services announced the launch of a co-branded working capital solution alongside Houston-based commercial finance firm, Dominion Capital Management Corporation as part of the Government Contract Made Simple (GCMS) program. GCMS is...
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December 10, 2015, 08:03 AM
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To date, Bibby Financial Services North America employees donated 1,802 hours of service to their respective local communities across the United States and Canada. This surpasses the company's 2015 goal of 1,000 hours by 80 percent. Company employees...
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November 25, 2015, 07:08 AM
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Bibby Financial Services closed 83 deals in the third quarter of 2015. Seven notable transactions that contributed to the company’s third quarter success include:
An $11 million asset-based lending facility to a New York-based developer of...
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October 14, 2015, 07:53 AM
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Bibby Financial Services Canada announces a continued relationship with Albany Packaging, Inc., a Toronto-based retail box manufacturer. The company recently signed a two-year extension with the firm for a $2.5 million factoring facility and $500,000...
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August 20, 2015, 08:00 AM
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Bibby Financial Services closed 80 new deals in the second quarter of 2015, seven of which were more than $1 million each. They are:
$7.5 million factoring facility to a Canadian skilled IT staffing firm
$7 million factoring facility to a...
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July 15, 2015, 07:15 AM
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Bibby Financial Services announces the provision of a $7 million recourse factoring facility to a packaging manufacturer located in the midwestern United States. The manufacturer produces and supplies paper gift packaging to retailers nationwide...
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June 11, 2015, 07:33 AM
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Bibby Financial Services announced a $6 million asset-based lending facility provided to a major staffing firm headquartered in the Southern United States. The firm specializes in matching enterprise resource planning (ERP) consultants with companies...
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June 02, 2015, 07:57 AM
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Six notable transactions that contributed to the company’s first quarter success include:
$1.5 million factoring deal based in southern California provided to an apparel company to aid in expanding its reach in the Americas
$1 million factoring...
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May 29, 2015, 07:11 AM
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Bibby Financial Services announces an ongoing successful business partnership with August Accessories. The privately-held apparel and fashion company designs and distributes accessories such as hats, scarves, handbags and watches to major retailers...
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May 28, 2015, 07:39 AM
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Republic Business Credit, a commercial finance company specializing in working capital loans up to $10 million to lower and middle-market companies, announced it has been awarded the Emerging Growth Company of the Year award from the Louisiana...
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April 09, 2015, 07:31 AM
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For decades, U.S. companies have turned to Asian markets to manufacture goods because of the cost benefits. According to the most recent data collected by the Bureau of Labor Statistics, in 2009 the hourly cost of compensation in China’s...
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February 17, 2015, 07:12 AM
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The Hamilton Group of Syracuse, NY has announced that Robert Kort has been promoted to Chief Marketing Officer. Kort has been running the California office of The Hamilton Group since 2005 and will continue to conduct that operation along with his...
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January 29, 2015, 07:38 AM
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Bibby Financial Services announced the release of a new funding option, FastTrack. FastTrack is available to businesses seeking funds of up to $100,000 at 2.99 percent, which can alleviate day-to-day working capital pressures.Following the upload of...
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January 26, 2015, 07:33 AM
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Building on momentum from 2014, Bibby Financial Services announces its 2015 giving goal of $100,000 cash and in-kind donations and 1,000 hours of community service work. Last year, the business's U.S. and Canada segments and employees donated tens of...
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January 20, 2015, 07:08 AM
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Bibby Financial Services announced the funding of visionary apparel company Naadam Cashmere, a luxury garment company offering goods made from Mongolian cashmere sourced by Nomadic herders. As a result of its partnership with Bibby Financial Services...
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January 16, 2015, 07:36 AM
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Federal National Commercial Credit announced that John Buanno has joined the company as a senior business development officer in the Florida market. Buanno has spent the last four years working with Bibby Financial Services providing asset-based...
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December 10, 2014, 07:48 AM
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Bibby Financial Services announced an innovative new factoring service geared toward Canadian transportation carriers. With this new service, customers can receive advances of up to 95 percent of their invoices with an additional fuel advance.The...
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November 25, 2014, 07:38 AM
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Priming for a year of expected growth, Bibby Financial Services hires Tom Whatley as senior risk officer. Whatley previously served as Southeast Regional Director at House of Adjustments, Inc. and worked in SunTrust Bank's Factoring Division for more...
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November 04, 2014, 07:44 AM
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Bibby Financial Services announced today that it has funded a $1 million recourse factoring facility for a British Columbia-based manufacturer.The business, founded in 1979, is Canada's largest maker of portable, modular and custom tradeshow exhibits...
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October 23, 2014, 07:43 AM
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Bibby Financial Services announced that it has funded a $4 million factoring facility for an Alberta-based distributor. The company markets high quality and energy-efficient wood-pellet-burning barbecue grills.After three years with its current...
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September 30, 2014, 07:55 AM
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Bibby Financial Services announced it has funded a $750,000 factoring facility for a British Columbia-based manufacturer. The company, founded in 2006, designs and internationally manufactures high-end bathware, including bathtubs, sinks, tapware...
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July 28, 2014, 07:49 AM
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Bibby Financial Services announced that it has funded a $2 million factoring facility for an Atlanta-based distributor. The company, which sells inflatable illuminated balloons in a range of sizes, distributes to a variety of large retailers based in...
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July 24, 2014, 07:14 AM
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Bibby Financial Services announced today that it has funded a $750,000 factoring facility for a California-based apparel distributor. The business, established in 2000, produces skateboarding industry apparel, footwear and products such as wheels....
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May 07, 2014, 07:14 AM
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Bibby Financial Services announced today that it has funded a $750,000 factoring facility for an Arizona-based materials provider to the construction industry.
Established in August 2013, the business delivers ready mix concrete to commercial and...
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March 27, 2014, 06:46 AM
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Bibby Financial Services announced that it has funded a $750,000 combined purchase order and accounts receivable facility for a Florida-based equipment exporter. The business supplies a variety of products such as air and oil filters, hydraulic...
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February 26, 2014, 07:13 AM
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Bibby Financial Services announced that is has funded a $500,000 factoring facility for an Ontario-based printing company.The business, which makes a variety of paper and digital items, has been self-funded since its inception six years ago. During...
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January 22, 2014, 07:25 AM
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Bibby Financial Services announced today that it has funded a $500,000 facility for a Montreal-based transportation company.For more than 15 years, the business has offered dedicated, general and refrigerated transport for a variety of commercial...
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January 16, 2014, 07:28 AM
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Bibby Financial Services announced today that it will house all of its U.S. transportation experts under one roof. Norcross, GA-based FreightCheck will be moving to Nashville, which is more centrally located to better suit client needs. Nashville is...
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December 09, 2013, 07:18 AM
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Bibby Financial Services announced Jeffrey Morse has been appointed to the position of Risk Director. Morse previously served in high-level management roles at several companies, including Chase Commercial Corp., Fleet Credit Corp., Bank of America...
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October 30, 2013, 08:01 AM
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Bibby Financial Services announced that it has funded a Montreal-based transportation company. The business, run by an experienced transportation owner-operator, is seeking to secure financial start-up support in Montreal, a growing region for Bibby...
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September 26, 2013, 07:26 AM
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Bibby Financial Services announced the addition of Debra Vanderhoff to its Florida-based sales team as business development officer. She will report directly to Marcus Ferrari, national sales director. Vanderhoff brings over 20 years of financial...
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September 12, 2013, 07:56 AM
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Bibby Financial Services is pleased to announce Calum Williamson has been named Head of Operations, Canada. In his new role, Williamson will be responsible for managing the operations team and growing the portfolio while mitigating risk and ensuring...
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August 28, 2013, 07:52 AM
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Bibby Financial Service announced the grand opening of its Quebec office location. The company will now offer a full complement of client services in this market in addition to a sales center, which opened last year. The office is conveniently...
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July 25, 2013, 07:09 AM
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Crossroads Financial provided a $4 million purchase order financing facility for the benefit of an importer of luggage and accessories. Needing to exit a traditional banking relationship, the company turned to Crossroads to assist in filling orders...
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June 05, 2013, 08:14 AM
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Bibby Financial Services announced today it has provided a manufacturer of composite materials for floors, desks and fences with a $3.25 million factoring facility.
The business was growing quickly due to the popularity of its patented sub floor...
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May 29, 2013, 08:03 AM
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Bibby Financial Services provided an $8 million factoring facility to a Chicago-based distributor of hardware and software solutions.
The business had historically been profitable, however, it hit a bump in the road in 2012 that put a strain on its...
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May 23, 2013, 07:49 AM
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Bibby Financial Services announced Kate Smith has been promoted to Head of Operations, Bibby Financial Services, Midwest. In her new role, Smith will be responsible for managing the operations team and growing the portfolio while mitigating risk. She...
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May 16, 2013, 08:00 AM
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Bibby Financial Services announced it has provided a group of privately held manufacturing companies with a combined $750,000 non-notification factoring facility. The three businesses involved were factoring with another provider but turned to Bibby...
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May 03, 2013, 08:11 AM
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Bibby Financial Services announced it has funded a Quebec, Canada-based company that packages and distributes cigars and similar products to retailers.
The business had been profitable, but changing legislation and tax issues resulted in a temporary...
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April 12, 2013, 07:28 AM
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Bibby Financial Services announced it has expanded its Bibby International Trade Finance product portfolio. To more accurately reflect the new offerings, the office here has changed its name to Bibby Financial Services (South), Inc.
Bibby Financial...
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March 21, 2013, 07:40 AM
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Bibby Financial Services has funded a Miami-based textile manufacturing company that designs and produces premium quality t-shirts, fleece outerwear and sportswear for wholesalers and retail brands.
The company will use the increased cash flow to...
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February 27, 2013, 07:27 AM
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As part of a global plan to expand its SME trade finance business, Bibby Financial Services (BFS) has recruited veteran international trade expert Tony Brown as head of Trade Finance – Americas. Brown’s mission will be to drive BFS’s existing...
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January 16, 2013, 08:11 AM
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Bibby Financial Services provided a $1 million factoring facility to an Illinois-based manufacturer and distributor of multi-media tools.
The company needed improved cash flow after a major customer reduced their yearly orders. Although the company...
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November 28, 2012, 07:48 AM
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