Bibby helps secure future of two UK manufacturers

Bibby Financial Services (BFS), the UK’s largest independent SME funder, has provided £5 million of invoice financing to help the turnaround of two UK manufacturers.

Komfort Partitioning Ltd based in Birmingham and Cubicle Washroom Systems Ltd from New Milton (Hampshire), now benefit from ongoing funding of £4.25m and £750,000 respectively, following their rescue from administration by Valtegra in December 2015. Both businesses were formerly part of Laidlaw Interiors and faced administration in December, threatening 607 jobs.

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