Funding futures

Posted on Posted in Asset based finance, Bibby Factors, Bibby Financial Services, Blog, Corporate finance, Customer service, Financing, Funding, Invoice finance, Non-bank lending, Securitisation, Small businesses, SMEs

Bibby Financial Services was formed in 1982 and for the first two years, the business was operated from the accounts department of our parent company, the Bibby Line Group, before becoming a separate entity in 1984. Fast-forward 33 years later and we’re Britain’s largest independently owned invoice finance provider, handling annual client turnover of £5bn in the UK and supporting over 9,500 businesses worldwide. Over the past thirty-plus-years, we’ve consistently grown our position in the […]

Attitudes Towards Enterprise

Posted on Posted in Bibby Financial Services, Blog, Enterprise, Enterprise Bill, Finance, Late payment, News, Payment disputes, Small business commissioner, Small businesses, SMEs

The Government published its Enterprise Bill on 17th September, which aims to cement the UK’s position as the best place in Europe to start and grow a business. Measures in the bill include reforming the Business Rates Appeals system so that it is more transparent and easier to understand, shifting and reducing the regulatory burden on businesses and extending the Business Impact Target to include regulators. It will also change the way that the term […]

Dark clouds on the economic horizon according to UK SMEs

Posted on Posted in Bad debt, Bank of England, Bibby Factors, Bibby Financial Services, Blog, China, Economic growth, IMF, Inflation, Late payments, SMEs

The findings of our SME Confidence Tracker, reported in the Daily Telegraph, highlight subdued business confidence in Q3. Our research among 1,000 UK SMEs, shows declining business performance and significantly lower sales expectations for the final quarter, when compared with the same period in 2014. Investment is also on shaky ground. Less businesses are recruiting, and – overall – investment in people is down 6%, year-on-year. Though there are small pockets of optimism in both geography […]