One of the most rewarding parts of my job is being able to help clients to achieve their potential. Seeing a business or customer able to achieve success and growth because of the help and support of my team is a truly great experience.
Cashflow funding solutions
Working in the corporate team the UK’s leading independent invoice finance specialist Bibby Financial Services, we help to provide small and medium sized businesses with cashflow funding solutions. We offer alternative funding options such as Invoice Finance; services which help business owners to take control of their finances and spark growth.
Trusted funder to over 7,000 businesses, handling annual client turnover of £4.9 billon, Bibby Financial Services help a diverse range of businesses and companies from both the UK and overseas, regardless of their size. Working with a client-base so different in both their size and respective needs, we encounter people and businesses from all walks of life; from different sectors and industries, with different goals and ambitions. And that’s what makes our work so rewarding.
Hearing directly from our clients, it’s amazing to see the effect that alternative forms of funding can have on ambitious companies and SMEs. Being able to see the direct results that our products have is a really important part of the process and helps us to further improve our facilities and services.
R&G International Trading company success
When overseas clothing importer R&G International Trading – set up by Carole Tong in 2001 – needed to expand, the company switched to Bibby Financial Services for funding. More flexible and fitting to Carole’s needs, the bespoke funding package enabled R&G to pay suppliers more quickly, reduce costs and be more competitive as a result.
The Edinburgh based business is now set to double its turnover and reach £30 million in the next three years thanks to a £5 million strong trade, stock and invoice discounting finance facility provided by Bibby Financial Services.
The £5m bespoke finance package for R&G International Trading is actually the largest deal completed in Scotland by Bibby Financial Services to date – a great achievement for the corporate team.
Commitment to supporting business
It’s brilliant to see that R&G, and companies just like them – who are in need of financial help – are able to find success through services like Invoice Discounting. They’re a testament to ambitious and hardworking SMEs everywhere, and help to reassure our strong commitment to supporting business in the UK and beyond.
You can read more testimonials and find out more about Bibby Financial Services right now on the Bibby Blog.
About the Author
Having worked in financial services for over 36 years, Andrew Darling is a specialist in invoice discounting, factoring and trade finance solutions. He currently manages the development of business with higher turnover companies at Bibby Financial Services, specialising in corporate finance for businesses with turnover of £5 million or more.