Strategic Banking Corporation of Ireland and Bibby Financial Services launch invoice financing fund

18th July 2016

The Strategic Banking Corporation of Ireland (SBCI) and Bibby Financial Services Ireland (BFSI) have announced a €45million lower-cost invoice financing fund for Irish SMEs.

An extension of SBCI’s on-going efforts to drive competition and choice in the Irish lending market, the announcement sees €45 million in funding being made available to Irish businesses. The agreement enables businesses to access favourable rates for BFSIs’ invoice finance facilities and is available immediately.

Invoice financing frees up cash for businesses by providing upfront payment against the value of outstanding invoices. Leading independent funder, BFSI, becomes SBCI’s first invoice finance partner, fourth non-bank provider and seventh on-lending partner.

Create your Account:

1. Please fill in the boxes below with your email, tick the relevant newsletters you would like to subscribe to and click the Sign Up button.

2. Wait for the double opt-in page to open and confirm your email address.

3. You have subscribed and have agreed to receive the newsletters.

Credit Connect Media is committed to reserving your right to privacy. By using our website and services you consent to our collection and use of your information as described in or privacy policy.

Credit Connect Media has set up a network of business partners whose products and services may be interesting and useful to you. They may contact you from time to time. By subscribing you confirm that you agree to our Terms & Conditions statement.

82858

Strategic Banking Corporation of Ireland and Bibby Financial Services launch invoice financing fund

Related Posts

Login