Bibby Financial Services said today it has provided accounts receivable financing of one million Canadian Dollars to an Ontario-based firm that provides security solutions for a wide range of special events, serving a broad range of customers throughout North America.

“This company provides security services across the board - sporting events, political events such as the G-8 Summit and everything in between,” said Kevin Westfall, a vice president of operations for Bibby Financial Services. “With increasing demand for their services from their customers, the company has outgrown its bank line and determined that Bibby Financial Services would be an excellent partner to help it continue to grow and take advantage of new opportunities.”

The company said it would use the money for working capital as its business expands.

Bibby Financial Services is a worldwide market leading specialist of business cash flow solutions to small and medium-sized enterprises. With offices in 10 North American cities and 27 countries around the world, its product portfolio includes receivables finance, factoring, export finance, purchase order finance, specialist solutions for the staffing and trucking sectors, and it is an approved lender for the Export-Import Bank’s working capital guaranty delegated authority program. Bibby Financial Services is a subsidiary of The Bibby Line Group, a 202 year-old privately held company based in the United Kingdom.

For more information on Bibby Financial Services, visit: www.bibbyusa.com, or on Facebook at: www.facebook.com/bibbyfinancialservices.northamerica.

For expert advice on small business, please visit CEO Stewart Chesters’ blog at: www.bibbyusa.com/ceoblog

Contacts:

Bibby Financial Services
Lisabeth Weiner
(312) 485-6211
LisWeiner@lisweiner.com