Invoice finance facility supports manufacturer growth

Vasif Badalov, managing director of Badalov, said: “As we continued to gain new contracts, our previous funding partner became unable to help support our business needs.

“We really needed a funding partner that understood our business and its trading cycle.

“Having operated in our industry for more than 16 years, we know our growth targets and what we can achieve and BFS understood this too. They have vast industry expertise and knew our commercial potential.

“With this flexible funding in place, we can continue to expand our product range and meet the growing demands of our customers.”

Bibby Financial Services provides financial solutions to more than 7,000 businesses in the UK.

Dean Corth, relationship manager at Bibby Financial Services (pictured above), said: “Prior to funding, we assessed the business needs and aspirations and found that financial restrictions were limiting the potential of the company. We stepped in and offered a funding injection to allow Badalov to operate freely.”