Bibby Transportation Finance Appoints Rick Abernathy as Vice President of Sales

NASHVILLE, Tenn.--(BUSINESS WIRE)--Bibby Transportation Finance (BTF) is pleased to announce the appointment of Richard Abernathy, Vice President of Sales, to strengthen its team in the Nashville office. Bibby Transportation Finance, a division of Bibby Financial Services, is solely dedicated to providing working capital for the trucking industry.

Richard brings over 20 years of experience in sales and sales management, with the last 10 years specializing in the transportation and finance industry. Before joining Bibby Transportation Finance, Richard spent two years as a Vice President at TPG Commercial Finance, and eight years at Comdata as a Regional Sales Manager.

This announcement is a part of an aggressive growth strategy for Bibby Transportation Finance, positioning itself as a key player in the U.S. transportation receivables financing market. Bibby Transportation Finance is able to tailor companies’ receivables funding programs according to their size and needs, while offering same-day funding, online broker credit checks and debtor approvals, discounted shipping rates, 24/7 online system for reporting, and online collection notes for easy referencing and reporting.

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 located in Atlanta, Chicago, Dallas, Houston, Los Angeles, Nashville, Phoenix, Toronto and West Palm Beach, as well as 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