User:JonPoley/sandbox

BFS

Bibby Financial Services (BFS) is a global company offering business cash flow solutions to small and medium-sized companies. Their mission is "To provide expert funding solutions that enables small to medium enterprises around the world to achieve their potential BFS forms the financial services part of Bibby Line Group a £1bn turnover privately held company comprising shipping, marine services, retail, logistics and financial services.

History
1807: The Bibby Line was founded in 1807 by the first John Bibby (1775–1840).

1980/1990s: Bibby Line Group diversified into distribution and financial services.

2003: Purchase of Business Cashflow Finance business from Abbey National

2005: Purchase Leeds Leasing plc

2006: BFS enters US market.

2006: Acquisition of Factoring UK Group Limited

2008: Purchase of Siemens Receivables Finance

Products and Services
BFS offer a range of business and commercial finance products which are asset based funding aimed at providing improved cash flow to firms whose customers may be imposing longer payment terms. BFS funded new clients to the value of £41m in January and February of 2013.
 * Invoice discounting
 * Factoring (finance)
 * Trade finance
 * IT finance
 * Construction finance