Canadian Businesses Stimulate Growth with Bibby Financial Services

TORONTO--(BUSINESS WIRE)--Bibby Financial Services recently provided a $2 million facility to a local manufacturer specializing in braided and twisted ropes. This company was established in the late 1970’s, and has quickly grown to become one of North America’s largest and most diversified rope and twine manufacturers. With this assistance from Bibby Financial Services, they were able to grow their database of key customers that vary from major retail chains, to utility companies, the government and recreational marine distributors.

It is important now more than ever that Canadian businesses receive the financial resources they need to continue to grow, states Kevin Westfall, VP Operations, Bibby Financial Services. As a financier that focuses on providing working capital for small to medium sized businesses, Bibby Financial Services is able to support their client’s growth opportunities in a trading environment where capital is scarce.” Westfall continues, “Our clients have the funding facilities to seize the moment and take advantage of the many business opportunities that are still in play.”

Notes to Editors

Bibby Financial Services is a worldwide market leading specialist of business cash flow solutions to small and medium-sized enterprises. Its product portfolio includes receivable finance, factoring, export finance, purchase order finance and specialist solutions for staffing and trucking sectors. Its North American offices are in Atlanta, Chicago, Dallas, Houston, Los Angeles, Nashville, Phoenix, Toronto and West Palm Beach, and it is located in 27 other countries around the world. Bibby Financial Services is a subsidiary of The Bibby Line Group, a 200 year-old privately held company based in the United Kingdom, that provides business-to business services to a variety of industries including shipping, distribution, offshore oil field services, financial services, retail and employment law.

For more information on Bibby Financial Services, visit: www.bibbyusa.com www.bibbycanada.ca www.bibbyfinancialservices.com

For more information on The Bibby Line Group of Companies, visit: www.bibbygroup.co.uk