Independent SME funder, Bibby Financial Services (BFS), has been awarded 'Factor & Invoice Finance Discounter of the Year' at the NACFB Gala Dinner and Industry Awards 2019. The ceremony was held at London’s Park Plaza in Westminster on 28 November.
The NACFB Awards Ceremony provides an annual opportunity for the Association’s brokers to recognise Patron lenders. On receiving the award BFS was recognised for 'providing a lifeline for SMEs crippled by late payments'.
As the largest independent Invoice Finance provider in the UK, BFS writes one in five of all deals in the market supporting businesses in more than 300 different industry sectors. Today its total funding capability exceeds £1bn.
Edward Winterton, UK Chief Executive for Bibby Financial Services, said: “During this period of prolonged uncertainty it’s more vital than ever that SMEs have access to the funding and support they need to grow and thrive. We’ve supported SMEs for over 35 years and we’re committed to continuing that support, now and in the future.
“We’re thrilled to be recognised by the industry as the ‘Factor & Invoice Finance Discounter of the Year’. I’d like to extend my thanks to our colleagues, clients and broker networks for their continued contribution and support.”