The UK’s largest independent invoice financier, Bibby Financial Services (BFS), is to open a new central London office as it looks to grow its support for SMEs and intermediaries in the South East of England.
BFS’s new premises are located at 30 Crown Place in the heart of the City, between Liverpool Street and Moorgate stations.
Speaking of the new office, Derek Ryan, Managing Director for BFS UK said: “This is a hugely exciting time for BFS as we look to expand in order to grow our support for SMEs and intermediaries in London and the South East.
“We’re well known for the relationships we have throughout the intermediary community among finance brokers, accountants, solicitors and business advisors, and we want to continue to develop and grow these relationships to help support SMEs. Our new London office will undoubtedly enable us to do this, by acting as a hub to facilitate new business development.”
BFS operates in nine countries throughout Europe and in Asia. It is part of the Bibby Line Group, one of the UK’s oldest family owned businesses and has a network of offices throughout the UK.
Derek Ryan, added: “With Government measures winding down, cashflow support for UK businesses is more important than ever. We have had a strong 2021, with teams across the country continuing to structure funding facilities for SMEs, working together with the business advisor community, and maintaining our support for existing clients. We want to build on this even further in 2022 and beyond, enhancing existing relationships and developing new partnerships to support national and local economies.
“Across all of our markets, customers are telling us that sales volumes are starting to bounce back, and this reflects a significant economic boost for SMEs and their supply chains. In response, we continue to expand our UK workforce, actively recruiting in both Sales and Operations, to continue to support new and existing clients.
“The opening of our new premises in central London demonstrates our commitment to the SME market and our desire to support the UK’s long-term economic recovery from the effects of Covid-19 lockdowns.”