Bibby strengthens South West of England presence

Bibby Financial Services (BFS) has appointed Sue Pengelly as a BDM for the South West of England.

Sue will be based at Bibby’s South West office in Bristol and joins a team of seven BDMs, alongside nine other employees responsible for new business generation and client relationship management.

In her new role, she will primarily focus on securing new business opportunities for the SME lender, with a focus on Devon, Cornwall and Somerset.

Prior to joining Bibby, Sue served as a business development executive for Plymouth-based introducer Balance for Business, where she assisted with sourcing funding solutions totalling £8m for South West businesses in 2018.

She has also held roles as a relationship manager at both Clydesdale Bank and Barclays, for six and 13 years respectively.

Sue said that Bibby was currently writing one in every two factoring facilities for small businesses in the region and had an excellent local support network, from businesses to brokers.

“For many years the business has maintained a high position in the Times Top 100 Best Companies to Work For, so it was an easy decision for me to come on board.

“I’m excited to join the team and support Bibby on its journey to becoming the funder of choice for the South West.”

Last year, Bibby’s team in the South West wrote a total of 126 deals and hopes to grow this in 2019.

Terry Burke, head of sales for Bibby – South West, added: “Sue joins the team at an exciting time as we look ahead to 2019.

“She brings with her valuable experience and extensive regional expertise, which will help us as we seek to expand our reach and fund SMEs further afield in the region.”

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