UK independent invoice finance provider Bibby
Financial Services has launched a new facility specifically
designed for the IT industry.

A spokeswoman for Bibby Financial Services’ IT
Finance solution said: “This product has been developed as a direct
response to market demand and is set to become a key offering for
IT companies, providing a more flexible funding solution in tune
with their needs.”

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The facility provides IT companies with access
to a designated team of “industry experts” and a specialist credit
control team.

“Our understanding of the sector, coupled with
our expertise as invoice financiers, enables us to be flexible with
our clients unlike traditional bank lenders,” the spokeswoman
added.

“We take pride in the close relationships we
forge with our clients based on the time we invest in understanding
the issues faced, and the framework within which our IT clients
work.”

The new solution is aimed supporting a range
of businesses in the IT segment.

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