In total, the independent business funder made 158 new agreements in March.
The funding provided included a combination of invoice discounting and factoring, as well as specialist products such as trade finance, export finance, construction and recruitment finance.
- Bibby introduces invoice discounting for commercial trade finance
- Bibby structures £4.1m funding package for UK manufacturer
- Reward Finance celebrates record-breaking month
Dave Golding, UK sales director at Bibby Financial Services (pictured above), said that this was a fantastic achievement and testament to the expertise and client-centric focus of its teams right across the country.
“Additionally, it demonstrates the strength and breadth of our relationships with local business communities and business advisers.
“Across the board, we have seen a huge increase in funding agreements for businesses of all sizes in a broad spectrum of industry sectors.
“This is a great achievement for Bibby Financial Services, but it also provides a significant boost to UK PLC, and regional economies throughout the country.”
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