Invoice finance provider Bibby Financial Services (BFS) completed 609 new deals in the first half of the year, lending £146m to new clients.
The company said that this was one of the strongest six month periods it witnessed since its launch in 1982.
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The funder said it saw a ‘significant’ growth in factoring and invoice discounting agreements in the first six months of the year. Over the same period client numbers for its trade finance products doubled, while there was also growth in new business for construction finance .
Last month, BFS appointed Steven Box as chief executive officer for its European operations outside the UK.
Earlier this year the funder announced plans to open its North and South London Business Centres in Brentwood and Redhill as well as relocate its Central London office from Aldersgate to The Baltic Exchange, St Mary Axe.
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By GlobalData
