Bibby increase broker business post

Bibby Leasing has increased tenfold the size of deals it receives
from brokers.

The move follows the merger of Bibby Leasing and Rickmanworth-based
Bibby Asset Finance into the one division headed by Carol Roberts,
the former head of Leeds Leasing, which Bibby Financial Services
acquired in October 2005. Yorkshire-based Bibby leasing is now
willing to receive deals from brokers worth £1m, whereas previously
it capped them at £100,000. Its broker division is its largest,
representing some 60 per cent of the total business. Other
divisions include materials handling, which it launched on April 1
under the leadership of John Bradshaw, and sales aid to catering,
hospitality and leisure businesses, which deals direct with
suppliers and manufacturers. It also provides one-third of the
financing required by Subway, the sandwich chain, to fit out with
equipment its 1,000 UK stores. Bibby Asset Finance’s office closed
on August 3 this year and some of its 10 strong team, including
Mike Deacon, its managing director, were made

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.