Bibby Financial Services targets UK and European SME growth with €250m facility
Liverpool-based international financial services provider, Bibby Financial Services (BFS), has agreed a €250m facility with HSBC UK to grow its support for SMEs across Europe and Asia.
The nine-figure deal will extend an existing partnership with HSBC UK to provide back-to-back receivables financing.
The move will enable BFS to maintain a total capacity of more than £1.1bn in available funding to support small and medium enterprises in Europe and Asia achieve growth.
Alongside this, BFS will have access to HSBC’s Global ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
