Bibby Financial Services is a multinational corporation that provides commercial finance services to SME’s. Bibby Financial Services is the UK’s leading independent invoice finance specialist, currently providing cash flow funding for over 10,000 businesses across the UK.
About BIBBY Business Loans
Bibby Financial services currently offers four types of commercial funding for SME’s across the UK.
Bibby’s asset finance loan allows your business to invest in new equipment without the upfront cost, with the option to own the asset at the end of the term. Bibby current offers two types of Asset finance, including:
Hire Purchase – this allows you to own the asset outright at the end of term
Leasing – this allows you to use the latest equipment for a monthly fee, without the commitment of ownership.
In addition to this, Bibby financial services also provides commercial mortgages for businesses looking to purchase property or refinance their current property. Bibby commercial mortgages offers fixed yet flexible interest rates, with the option to switch from a variable rate loan to a fixed-rate loan.
Bibby Financial services also provides a cashflow loan. The Bibby cashflow loan helps business owners achieve their company ambitions. A Bibby cashflow loan provides funding against the strength of your revenues and ability to cover the cost of repayments. These loans are termed over 12 to 24 months and can be topped up without the need of collateral.
Bibby’s Invoice finance also assists businesses looking to strengthen their cashflow and focus on company development. Invoice finance can help relieve the burden of unpaid invoices, by providing you with immediate access to funds so you can meet day-to-day costs of running your business.
To contact Bibby Finance Services, please visit their website and fill in the enquiry form. Existing clients can call them on 0808 501 6463. For sales enquiries, please call0808 501 6462
Promotions & Offers
As of January 2020, BIBBY do not currently have any promotions or offers on their commercial funding products.
How to Apply
If you’re ready to grow your business with a BIBBY business loan, you’ll need to provide some information about you and your business. This will include:
6 months bank statements
4 VAT returns
When applying for a BIBBY Flexi business loan, you will be notified within 24 hours of the outcome of their initial checks. Once approved, Bibby will advance an agreed percentage of the invoice value.
Frequently Asked Questions
What types of commercial funding does BIBBY offer?
Bibby offers unsecured business loans, cashflow loans and commercial mortgages. Their smallest facility is £50k and our largest is £15m
How long does a BIBBY business loan take?
This depends on the type of loan you take out and the speed of information you are able to provide. Bibby Financial service can set up a facility in as little as a week, although 2-4 weeks is more typical.
Does BIBBY offer business loans to all industries?
BIBBY currently provides business loans to wholesale, transport, recruitment, manufacturing, export, construction and business services. If you would like more information on the industries Bibby provides loans to, visit https://www.bibbyfinancialservices.com
Where are BIBBY business loans available?
BIBBY are able to lend to businesses based in England, Ireland, Scotland and Wales.