MISSISSAUGA, Ont.--(BUSINESS WIRE)--Bibby Financial Services Canada announces the appointment of Dan Millar to Vice President Portfolio Manager. Millar’s responsibilities will include delivering growth in large ticket factoring and asset-based lending through growing the company’s Canadian client portfolio. Millar, who has strong ties to the Canadian lending market, brings 10 years of business development experience in the lending arena, having previously worked for JD Factors, the Bank of Canada, and the Royal Bank of Canada.
Millar’s hire comes at an ideal time as the Canadian economy is showing signs of a comeback, adding 41,000 jobs in March alone. “Asset-based lending and factoring have proven to be stable and flexible for businesses large to small,” says Calum Williamson, Bibby Financial Services Canada’s Head of Operations. “As the Canadian economy continues to improve, we expect to see more companies turn to asset-based lending and factoring as a wise way to leverage assets and receivables. We know Dan will serve as a crucial partner to our customers, and we are thrilled to have him join the team.”
Bibby Financial Services is an established leader in asset-based lending and factoring and provides flexible funding solutions to customers across a variety of industries, including manufacturing, transportation and staffing. The company is culturally-driven, focused on helping clients maximize their growth opportunities through access to liquidity.
About Bibby Financial Services
Bibby Financial Services, a worldwide market leader in business financing solutions, supports businesses of all sizes in virtually every industry with flexible, customized funding solutions. With its asset-based lending and factoring products, the company provides clients access to the working capital needed to grow and support their businesses. Bibby Financial Services is proud to have helped more than 8,900 clients grow their businesses by providing more than $1 billion in funding across the globe. It operates offices in 16 countries and seven North American cities. Its United Kingdom office was recently recognized by The Sunday Times as the 31st Best Place to Work. Bibby Financial Services is a subsidiary of The Bibby Line Group, a privately held company established in the U.K. in 1807. For more information about Bibby USA and Bibby Canada, please visit www.bibbyusa.com or www.bibbycanada.ca.