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Bibby finances scales importer

05 February 2010

Bibby Financial Services, has provided a factoring facility to support a Canadian company that imports precision scales and weighing instruments from China.

Read more: [factoring facility Bibby] [Canada] [Bibby Financial Services accelerate growth] [cash flow]

Bibby Financial Services, has provided a $500,000 factoring facility to support the rapid growth of a Canadian company that imports precision scales and weighing instruments from China and distributes them to...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010