Bibby financial services targets SME growth with support from HSBC UK
The nine-figure deal will extend an existing partnership with HSBC UK to provide back-to-back receivables financing. The move will enable Bibby Financial Services to maintain a total capacity of more than £1.1 billion in available funding to support small and medium enterprises in Europe and Asia achieve growth.
Alongside this, Bibby Financial Services will have access to HSBC’s Global Trade Solutions team. This team includes more than 150 working capital specialists across 50 countries and territories, supporting business across international markets.
Theo Chatha, Chief Financial Officer at Bibby Financial Services, said:
“Alongside global tensions and persistent inflation, access to flexible working capital remains a key challenge for businesses across Europe and in Asia. We are delighted to extend our partnership with HSBC, which provides us with significant capacity to ensure SMEs can access the funding they need to compete and grow.”
Bruce Richards, Head of Strategic Transactions, Global Trade Solutions at HSBC UK, added:
“Bibby Financial Services play a crucial role in enabling SME growth across the world and we’re delighted to be continuing our relationship. The new pan-Eurasian facility provides back-to-back receivables financing across seven jurisdictions and will enable BFS to continue to grow its support for small and medium sized businesses. We look forward to seeing the company build on its impressive 40-year track record of backing SMEs and creating opportunities for businesses around the world.”
Bibby Financial Services (BFS) has funded SMEs for more than 40 years, and supports over 8,500 business in domestic and international markets through its invoice finance, asset finance and FX solutions. BFS has 1,000 employees spanning Europe and Asia, and is part of the Bibby Line Group, a 218-year-old family-owned business operating in multiple countries.
Media enquiries to:
Grayling HSBC London Team | HSBCSouthEast@grayling.com
Sephora Landu | Sephora.ineza.landu@hsbc.com
Email: UKPressOffice@hsbc.co.uk
Notes to editors:
HSBC UK
HSBC UK serves over 15 million active customers across the UK, supported by over 23,000 colleagues. HSBC UK offers a complete range of retail banking and wealth management to personal and private banking customers, as well as commercial banking for small to medium businesses and large corporates. HSBC UK is a ring-fenced bank and wholly-owned subsidiary of HSBC Holdings plc.
HSBC Holdings plc
HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 56 countries and territories. With assets of US$3,306bn at 31 March 2026, HSBC is one of the world’s largest banking and financial services organisations.
Bibby Financial Services
Bibby Financial Services (BFS) is a leading independent financial services partner to 8,500 businesses worldwide.
We provide specialist asset and working capital finance, and FX solutions helping businesses to grow in domestic and international markets.
Formed in 1982, BFS is part of the Bibby Line Group (BLG), a diverse and forward-looking family business delivering personal, responsive and flexible customer solutions for 218 years. To find out more about Bibby Financial Services, visit: www.bibbyfinancialservices.com.