Bibby
Financial Services Business Banking
and Factoring
Bibby Financial Services Business Banking and Factoring
Improve
your Cashflow and Save Management Time with Bibby Financial
Services
Bibby
Financial Services' factoring service means that they can
help you improve your cash flow by providing an immediate
injection of cash against the value of your outstanding invoices.
Then as you raise an invoice, Bibby Financial Services can
release up to 85% of the value of that invoice within 24 hours.
The remaining 15% is paid to you, less a small service fee,
once they receive payment from your customer.
This
means your business has access to an ongoing supply of cash
linked to your sales. So as your business grows so does the
amount of funding available to you.
In
addition to the cash that Bibby Financial Services provide,
they can also save you valuable management time. They manage
your sales ledger by chasing and collecting outstanding invoice
payments from your customers on your behalf, so that you have
more time to concentrate on generating new business. Bibby
Financial Services will prepare and send out statements, telephone
all your customers, collect payments for you and maintain
professional and detailed accounts of your transactions.
You
remain in control by working with a dedicated team of people
who ensure your customers are as happy to deal with Bibby
Financial Services as they are with you.
Bibby
Financial Services are tailored to your business so the fees
will depend upon your specific needs.
There
are two types of fee. The first is the cost of the money you
use, which is extremely competitive when compared with other
forms of finance. The second is a service fee.
For
further information on Bibby Financial Services Business Banking
and Factoring visit the Bibby Financial Services Website.
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