Bibby Financial Services expands Scottish team

Business funder, Bibby Financial Services (BFS), has announced four new appointments across Scotland and the North of England, which it says will enable the business to better serve the funding needs of SMEs in the areas.

In Scotland, Ronan Patrick Fallon has been appointed as a sales executive having previously worked as a risk and recoveries administrator in BFS’s Manchester office.

Stephen Johnson, regional sales director – North at Bibby Financial Services, said: “We’ve seen considerable growth in the North of England and Scotland over the past year as more businesses look to access funding they need to grow. Expanding our team in Scotland and key areas in the North of England such as Manchester, Leeds and Bradford will undoubtedly enable us to further grow our support for local businesses and the intermediary community.”

BFS runs 19 local offices throughout the UK, supporting more than 7,500 businesses .

As well as invoice finance, BFS also provides asset, trade and export finance solutions and 2016 it launched Bibby Foreign Exchange, an integrated currency exchange service to support businesses trading internationally.

Mr Johnson added: “In recent years, we have grown significantly both in relation to the number of businesses we support, and the products and services we provide to SMEs of all sizes.

“Last year we wrote one in six of all invoice finance deals in the country and advanced more than £3.1bn to UK businesses helping them to grow.

“Our people are at the heart of everything we do and in order to achieve our ambitious growth strategy, we need to continue to attract new talent, in addition to retaining our home-grown expertise. I’m delighted to welcome our new joiners and I’m confident that they will make a significant contribution to our UK growth strategy over the years to come.”

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