How Trade Finance can help a business, by David Postings

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I’m pleased to say that despite the downturn in recent years, Bibby Financial Services has continued to support businesses that have thrived. Many of these businesses have grown their business without bank lending, instead they’ve received help from us, often through our Trade Finance Service.

It always makes me proud to hear of how my teams have helped support a business’s growth ambitions so it gave me great delight to read a recent article about Bluechipworld Sales and Marketing. Bluechipworld was formed during the downturn and needed a flexible form of funding when the company was experiencing a period of rapid growth. It was at this point that we agreed a Trade Finance package with them and the company is now set to double its £7 million turnover over the next 12 months.

So what is Trade Finance?

Trade Finance is lifeline for companies who are purchasing goods from overseas or within the UK as it allows them to easily manage cashflow, helping them to fulfil orders and develop more business.

Our Trade Finance services also help with;

  • preparing statements
  • telephoning customers
  • chasing and collecting outstanding payments
  • maintaining professional, accurate accounts of your transactions

Leveraging the advantages of Trade Finance

Trade Finance can help save time and boost profitability and I’m pleased to say that with the help of Bibby Financial Services, Bluechipworld Sales and Marketing are now thriving, taking advantage of the growth of smartphones and tablet devices. Its customer-base is impressive and it now manufactures products in China and supplies them to retailers such as Tesco, Sainsbury’s, Selfridges, Argos, Amazon and Play.com.

Bluechipworld is a perfect example of a business that has leveraged the flexibility of trade finance to its advantage. It has innovative products, great brands, recognisable endorsements and influential distribution channels.

For more information about Bibby Financial Services and their comprehensive range of specialist invoice finance solutions please visit www.BibbyFinancialServices.com. You can also read a full case study of Bluechipworld on our website or find out more about them at: http://www.bluechipworld.biz/.

Thanks again for reading.

David Postings

UK CEO, Bibby Financial Services

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.