Bibby Financial Services (BFS) has opened an office at One Caspian Point, Cardiff Bay, Wales.

Mike Freebury, who joined the company in 2011, has been appointed as head of sales for the team based there.

Freebury and his team will support businesses with BFS’s funding solutions, including Invoice Finance, Leasing, Trade and Export Finance, FX and specialist finance solutions for the construction and recruitment sectors.

Mike Freebury, head of sales at BFS for Wales, said: “We are all very excited about BFS’s strengthened presence in Wales. We have always operated in the country, but having a dedicated office in Cardiff will extend our reach to both the local advisor base and the businesses we support, giving them confidence that we can support them locally.”