Bibby Financial Services Provides $1.25M Facility for Apparel Manufacturer
(firmenpresse) - LOS ANGELES, CA -- (Marketwired) -- 09/19/14 -- Bibby Financial Services announced today that it has funded a $1.25M non-recourse factoring facility for a California-based apparel manufacturer.
This new business saw increased demand for private-label denim, but as a start-up had struggled to obtain traditional funding. It needed a more flexible cash flow solution to pay international suppliers, afford growth and maintain operations.
Bibby Financial Services was able to assist the company by providing a non-recourse factoring facility.
"New and growing businesses often have trouble securing traditional bank lending," said Rob Meyers, Managing Director of Bibby Financial Services California. "Even though this business is a start-up, Bibby Financial Services was able to provide a sizeable and scalable facility for continued growth support."
Bibby Financial Services is a worldwide market leader in business cash flow solutions to small- and medium-sized companies. With offices in ten North American cities and 15 countries around the world, its product portfolio includes , recourse and non-recourse factoring, , export finance, purchase order finance, specialist solutions for the trucking sector, and it is an approved lender for the Export-Import Bank''s working capital guaranty program. Bibby Financial Services is a subsidiary of a 207-year-old privately held company based in the United Kingdom.
For more information on , visit: or , or Facebook at: .
Andrea Duke
678-385-9679
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 19.09.2014 - 08:00 Uhr
Sprache: Deutsch
News-ID 1303931
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
LOS ANGELES, CA
Phone:
Kategorie:
Commercial & Investment Banking
Anmerkungen:
Diese Pressemitteilung wurde bisher 135 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Bibby Financial Services Provides $1.25M Facility for Apparel Manufacturer
"
steht unter der journalistisch-redaktionellen Verantwortung von
Bibby Financial Services (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
