SMEs increasingly turning to invoice financing for funding

Ronan Horgan, managing director of Bibby Financial Services Ireland Maura Hickey
Ronan Horgan, managing director of Bibby Financial Services Ireland Maura Hickey

Bibby Financial Services Ireland is moving business forward this year with the launch of €70 million in credit-approved invoice finance facilities for SMEs in Ireland.

The move will see Bibby increase its facilities by as much as 70 per cent, compared to €41 million in 2014.

Managing director Ronan Horgan – who leads a 30-strong invoicing finance team in Ireland – is seeing a ...