BFS inks £700m facility to improve access to finance for UK SMEs -… | Bibby Financial Services
Summary
\U0001f534\U0001f7e1 Following the closure of the governments call for evidence on small business access to finance, were delighted to share news from Theo Chatha, our Chief Financial Officer, about the renewal of our securitisation facility, which provides us with \xa3700m in funding to support UK SMEs. \U0001f64c Thanks to all of our teams across BFS who supported this transaction, as well as our funding partners for making this happen. \U0001f4ac Commenting on the news, Theo said: Amid a combination of stubborn inflation, energy prices and tariffs friction, the cost-of-doing-business remains a real concern for SMEs across the country. This agreement provides BFS with significant capacity to help UK businesses access the cashflow they need to overcome these challenges, enabling them to grow and thrive. \U0001f50e For more information, check out Theos post below, and read the linked article!