Building on their tremendous success in the last five years, Bibby Financial Services is further expanding its international presence with the launch of a new factoring operation in Poland.
The new Warsaw-based firm – Bibby Factors Polska – will be the first UK-owned factoring outfit to set up in Poland and will provide business finance to small and medium-sized enterprises.
This launch in Poland follows an outstanding period of growth in the UK, which has seen the group expand from three companies to fifteen and client turnover from Ј220 million to Ј1.3 billion in just six years. It also follows hot on the heels of the groups expansion into the USA via an acquisition of an existing factoring company.
The new company will be headed up by Julie Ashmore, as Director of the company and supported by a team of Polish nationals.
