Manufacturing Company Finds Cash Flow Solutions with Bibby Financial Services

CHICAGO--(BUSINESS WIRE)--Bibby Financial Services recently provided a $2 million dollar revolving A/R credit facility to assist in a leveraged buyout acquisition of a Michigan-based manufacturing company, alongside an equipment and inventory lender. Combined, this transaction enabled a complete financing package totalling $8 million. The manufacturing company has three divisions specializing in plastics injection molding, low and high gloss paints, and chrome plating.

The Chicago team of Bibby Financial Services has had yet another successful month of supporting small to medium-sized companies, such as a $4 million revolving A/R line of credit to a Wheeling, IL wholesale furniture company; a $40,000 factoring facility for a packaging company in Brooklyn, New York; and a $250,000 factoring facility for a security solutions company in New York, NY.

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