Bibby Financial Services Supports Canadian Security Firm's Growth with One Million Canadian Dollar Facility.TORONTO -- Bibby Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. said today it has provided accounts receivable financing Accounts Receivable Financing A type of asset-financing arrangement in which a company uses its receivables - which is money owed by customers - as collateral in a financing agreement. The company receives an amount that is equal to a reduced value of the receivables pledged. of one million Canadian Dollars to an Ontario-based firm that provides security solutions for a wide range of special events, serving a broad range of customers throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . "This company provides security services across the board - sporting events, political events such as the G-8 Summit and everything in between," said Kevin Westfall, a vice president of operations for Bibby Financial Services. "With increasing demand for their services from their customers, the company has outgrown its bank line and determined that Bibby Financial Services would be an excellent partner to help it continue to grow and take advantage of new opportunities." The company said it would use the money for working capital as its business expands. Bibby Financial Services is a worldwide market leading specialist of business cash flow solutions to small and medium-sized enterprises. With offices in 10 North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. cities and 27 countries around the world, its product portfolio includes receivables finance, factoring, export finance, purchase order finance, specialist solutions for the staffing and trucking sectors, and it is an approved lender for the Export-Import Bank's working capital guaranty delegated authority program. Bibby Financial Services is a subsidiary of The Bibby Line Group, a 202 year-old privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in the United Kingdom. For more information on Bibby Financial Services, visit: www.bibbyusa.com, or on Facebook at: www.facebook.com/bibbyfinancialservices.northamerica. For expert advice on small business, please visit CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Stewart Chesters' blog at: www.bibbyusa.com/ceoblog |
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