SOURCE: Bibby Financial Services

Bibby Financial Services

September 25, 2013 10:30 ET

Bibby Financial Services Provides Facility for Montreal-Based Transportation Company

MONTREAL, QC--(Marketwired - Sep 25, 2013) - Bibby Financial Services announced today that it has funded a Montreal-based transportation company. The business, run by an experienced transportation owner-operator, is seeking to secure financial start-up support in Montreal, a growing region for Bibby Financial Services.

"This company is very new -- just a few months old -- and already has a wide variety of customers. It is seeking to fund its growth with Bibby Financial Services in our newest region, Montreal," said Bob Lall, Managing Director, Bibby Financial Services, Canada. "For a start-up company, we understand the importance of securing a local support team so that a new business has the best opportunity to grow."

According to Lall, "The ability to respond quickly to a company's needs with cash flow solutions on a local level helps start-ups to established businesses thrive, even in the toughest markets. With this facility in Montreal, local decision-makers are able to provide quick, creative solutions."

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 accounts receivables finance, factoring, export finance, purchase order finance, specialist solutions for the staffing and trucking sectors, 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.

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