FAQs about Invoice Factoring

Invoice Factoring allows your business to release cash against your outstanding customer invoices before they’ve been paid.

The difference between Factoring and Invoice Discounting is that we manage your credit control. Factoring is a good funding solution for new, growing and established businesses that don’t want to take on debt, as well as businesses that experience seasonal demand.

With Bibby Financial Services, you’ll have a professional team that work with you.

Getting to know your business is a priority. We want to make sure we offer you the best options possible that match the growing needs of your business. We’ll want to talk to you within 24 hours of you contacting us and we’ll need to see a certain amount of paperwork before we make a decision.

If we have the paperwork we need from you, we can make a decision and set up a facility in a matter of days of you getting in touch. That’s why our clients like working with us. We are responsive, aiming to accommodate requests in the shortest possible time.

You can either call us or request a quote online to get in touch with our professional team for an initial confidential discussion. Alternatively, we can arrange a meeting to find out more about what Bibby Financial Services can do to help grow your business.

Once we understand your specific requirements, then we can provide an indicative offer to you.

Costs are dependent on the services you use. Our professional team will work hard to understand your business and create an appropriate fee structure.

No. Your invoices are your assets, so you don’t have to provide any tangible security that banks would ask for, such as property or a deposit to secure your funding.

Yes, we look to support any kind of businesses whether they are in goods or services trading. We are also specialists in the following sectors: recruitment outsourcing, logistics and business services.

Bibby Financial Services is a leading independent financial services partner to more than 10,500 businesses worldwide.

Bibby Financial Services is part of Bibby Line Group (BLG), a diverse and forward-looking family owned business with over 200 years’ experience of providing personal, responsive and flexible customer solutions.

Part of the Bibby Line Group, Bibby Financial Services is a leading independent financial services partner to over 10,500 businesses worldwide handling SGD $16 billion in annual client turnover globally.

We have over 35 years’ experience, delivering tailored, flexible financial solutions to businesses across Europe, North America and Asia.

With over 40 operations in 14 countries, we provide specialist and adaptable trade, asset and working capital funding, helping businesses to grow in domestic and international markets.