In a recent Bibby Financial Services study of 1,000 SMEs in East Anglia, we at found that more than two thirds of business owners are expecting growth over the next three months. With this come new opportunities for the region and the supply chains of these businesses.
To support the growth in this region, I’m delighted to announce that we have appointed Paul Coase and Simon Boddy as Business Development Managers to increase our funding support to local businesses.
Following six years selling online merchant services to businesses across the UK at Qixpay Limited, Paul will be responsible for lending in Peterborough, Norwich, Ipswich and Colchester, whilst Simon – who returns to Bibby Financial Services following nine years at Lloyds Bank Commercials Finance – will have a specific focus on businesses in Lincolnshire.
We’re currently providing upwards of £27 million in funding to businesses in the region and areas such as Silicone Fen, Peterborough, Ipswich and Norwich are all significant targets for us in 2014 and beyond.
Both Paul and Simon join the Bibby Financial Services team based in our satellite office in Peterborough. Looking further ahead, we may look to develop an operational presence in the area but the important thing is that we can provide support to businesses in the area now – at a time when the economy is growing, along with opportunities.
UK CEO, Bibby Financial Services
About Bibby Financial Services
Bibby Financial Services is the UK’s leading independent invoice finance specialist and a trusted provider of cashflow funding solutions to 7,000 businesses, handling annual client turnover of £4.9 billion and advancing in the region of £388 million.
For more information about Bibby Financial Services and their comprehensive range of specialist invoice finance solutions please visit www.BibbyFinancialServices.com.
About David Postings
David Postings is the UK Chief Executive Officer for Bibby Financial Services following his appointment in April 2012. David is an experienced senior executive with over 35 years’ experience in financial services. David has extensive knowledge of the commercial finance landscape.
You can read more about David Postings and his position at Bibby Financial Services in the About Me Section.