Bibby Financial Services Provides $1.25M Facility for Apparel Manufacturer

(firmenpresse) - LOS ANGELES, CA -- (Marketwired) -- 09/19/14 -- Bibby Financial Services announced today that it has funded a $1.25M non-recourse factoring facility for a California-based apparel manufacturer.

This new business saw increased demand for private-label denim, but as a start-up had struggled to obtain traditional funding. It needed a more flexible cash flow solution to pay international suppliers, afford growth and maintain operations.

Bibby Financial Services was able to assist the company by providing a non-recourse factoring facility.

"New and growing businesses often have trouble securing traditional bank lending," said Rob Meyers, Managing Director of Bibby Financial Services California. "Even though this business is a start-up, Bibby Financial Services was able to provide a sizeable and scalable facility for continued growth support."



Bibby Financial Services is a worldwide market leader in business cash flow solutions to small- and medium-sized companies. With offices in ten North American cities and 15 countries around the world, its product portfolio includes , recourse and non-recourse factoring, , export finance, purchase order finance, specialist solutions for the trucking sector, and it is an approved lender for the Export-Import Bank's working capital guaranty program. Bibby Financial Services is a subsidiary of a 207-year-old privately held company based in the United Kingdom.

For more information on , visit: or , or Facebook at: .



Andrea Duke
678-385-9679

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: Marketwired
Datum: 19.09.2014 - 14:00 Uhr
Sprache: Deutsch
News-ID 337667
Anzahl Zeichen: 0

contact information:
Town:

LOS ANGELES, CA

Kategorie:

Commercial & Investment Banking

Diese Pressemitteilung wurde bisher 239 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Bibby Financial Services Provides $1.25M Facility for Apparel Manufacturer"
steht unter der journalistisch-redaktionellen Verantwortung von

Bibby Financial Services (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Bibby Financial Services Announces Feon Phillips as Analytics and Data Managemen ...

ATLANTA, GA -- (Marketwired) -- 01/18/16 -- Further establishing its reputation as a leader in asset-based lending and factoring, brings in the New Year by announcing the hire of Feon Phillips as Analytics and Data Management Officer. This key hire ...

Bibby Financial Services Closes 307 Transactions Totaling More Than $104 Million ...

ATLANTA, GA -- (Marketwired) -- 01/11/16 -- secured a total of $104,660,000 in financial solutions for 307 new clients in 2015. Most of the company's largest deals involved revolving lines of credit above $2 million, evidence of the company� ...

Bibby Financial Services Funds Personal Care Device Manufacturer With $4M Revolv ...

ATLANTA, GA -- (Marketwired) -- 12/21/15 -- announces a $4 million revolving line of credit for a major manufacturer of skin care devices and personal care products. The company is a leader in cutting edge beauty solutions, high-tech devices and tr ...

Alle Meldungen von Bibby Financial Services