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Bibby partners with Azets to boost funding for SMEs




Bibby Financial Services has announced a strategic partnership with SME business advisory firm Azets to provide whole-turnover invoice finance facilities.

The lender is now Azets’s preferred partner for funding facilities up to £250,000, enabling its network of 3,500 accountancy and advisory specialists to access working capital and cashflow solutions to support their clients.

Derek Ryan, UK managing director at Bibby Financial Services (pictured above), said: “We’re delighted to partner with such a forward-looking organisation like Azets that shares our ambition to improve outcomes for UK SMEs.

“As a family-owned business celebrating its 40th anniversary this year, it’s hugely important to us that we partner with organisations that share our values — Azets absolutely does this, and our new partnership will undoubtedly help UK SMEs, wherever they are in their business lifecycle, through the provision of future-focused finance solutions.

“Azets’ commitment to delivering excellent service, coupled with its expert network of accountants and business advisors make it a natural and strategic fit for us, and we look forward to boosting support for UK SMEs together.”

Neil Grogan, head of strategic partnerships at Azets, commented: “SMEs are the lifeblood of the economy, and we’re committed to helping them through the provision of the expert advice offered throughout our network. 

“As a large independent invoice finance provider, BFS has both the expertise and scale to enable our accountancy and advisory specialists to better support their clients in 2022 and beyond.”

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