|By Marketwire .||
|October 11, 2012 02:26 PM EDT||
ATLANTA, GA -- (Marketwire) -- 10/11/12 -- Bibby Financial Services is pleased to announce it is now offering non-notification factoring. This service allows companies to improve their cash flow while keeping their source of funding and collections confidential.
Non-notification factoring is similar to receivables funding, but it has the added benefit of a hassle-free interaction with the client's customers. Checks, verification and notifications all remain in the client's name. Clients using non-notification factoring will receive funding generally within 24 hours, have online account access with full reporting as well as a dedicated account team.
"Some companies want a seamless representation to their customers regardless of who is doing the work," said Leigh Lones, CEO Americas. "This is a smart solution for small- to medium-sized businesses that prefer to appear as the sole point of contact for their customers but would also like to take advantage of improved cash flow and relief from the administrative burden of credit control and collections."
For more information on non-notification factoring, visit: www.bibbyusa.com.
Bibby Financial Services is a worldwide market leader in business cash flow solutions to small- and medium-sized companies. With offices in eight North American cities and 15 countries around the world, its product portfolio includes accounts 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 a 204-year-old privately held company based in the United Kingdom.