Commercial News

Bibby lends over £100m to northern businesses in 2018

Rozi Jones -
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21st December 2018
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"As a business with northern heritage, we’re pleased to have helped even more fast-growing SMEs in this too often overlooked region."

SME funder, Bibby Financial Services, has provided over £100m in funding for Northern businesses this year, significantly boosting its support for SMEs in the region.

BFS has supported corporate businesses across a wide range of sectors including recruitment, manufacturing, catering and retail.

BFS’s corporate team supports business with a turnover above £5 million with asset-based lending solutions including trade, stock, invoice and asset finance as well as commercial mortgages and cashflow support.

Dan Burton, regional head of corporate at Bibby Financial Services, said: “As a business with northern heritage, we’re pleased to have helped even more fast-growing SMEs in this too often overlooked region. With Brexit looming, it is crucial we continue to invest in entrepreneurs and new businesses as well as support initiatives that fuel the Northern Powerhouse.

“It has been an exciting year at BFS, and our commitment to quickly understanding the needs of SMEs has allowed us to help ambitious businesses in this region thrive. It is vital that investors recognise the opportunities that northern SMEs provide for the wider community and economy. We are proud to work closely with so many of these successful businesses already.”

 

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