The leading independent invoice finance provider Bibby Financial Services has today announced a €50m funding facility aimed to facilitate the high demand for alternative finance solutions amongst Irish small and medium businesses
The substantial funding facility is in stark contrast to a widely reported resistance by Irish financial institutions to make funds available to Irish SME’s. With an over 200 year old history, the invoice finance company is well positioned to assist Irish SME’s in sourcing funds to ease cash flow burdens. The €50m sum is also open to Irish businesses seeking export funding.