NASHVILLE, Tenn.--(Business Wire)--
Bibby Transportation Finance (BTF) announces successful national
Fuel Card program. The fuel cards provide their transportation
client's savings on purchases at over 4,900 truck stops, control and
security over finances and fast cash when they need it most.
BTF and Fleet One Fuel Card have fully integrated their services
for customers with over-the-road trucks, both commercial and private
fleets. BTF's clients already receive fast cash for their invoices
with high advance rates and 24-hour turn around. Clients with this
fuel card have the flexibility to receive funding directly onto their
cards, and the benefit of enjoying user discounts and security
features.
BTF specializes in providing funding to transportation companies
from owner-operators to large fleets. Their accounts receivable
funding program has high advance rates up to 97%, featuring
flexibility, low fees, and superior customer service.
Eric Hunter, CEO of Bibby Transportation Finance, states, "The
fuel card is another way we can provide our clients with the best
possible cash flow solutions. Owners have the control to decide who
uses the cards, what they can buy, how much to spend, and where to
spend it. Coupled with our accounts receivable finance program, great
discounts, and fuel rebates, this is an ideal option for any
transportation business."
Bibby Transportation Finance is part of the global receivables
finance company Bibby Financial Services, which has doubled its
clients and volumes in 2007 over 2006 and expects similar strong
growth levels in 2008. BFS has an ever expanding regional presence
throughout North America with businesses in Chicago, Dallas, Houston,
Los Angeles, Nashville, Phoenix, Toronto and West Palm Beach. The
group has in recent years embarked on an aggressive growth strategy
driven by a unique business model of autonomous companies, designed to
ensure it delivers a market-leading service to its clients.
Notes to Editors
Bibby Line Group is a business-to-business services group involved
in ship owning and operation, shallow water accommodation, offshore
oil field services, contract logistics, financial services, memorial
parks, employment law and health and safety advisory services, and
retail.
Bibby Financial Services is a world wide, market leading
specialist of business cash flow solutions to small and medium sized
enterprises. Their product portfolio includes receivable finance,
factoring, export finance, purchase order finance, and specialist
solutions for the staffing and trucking sectors.
Operating via a global network of 29 autonomous operating
companies in the United States, Canada, the United Kingdom, France,
Germany, India, Ireland, Poland, Czech Republic, Slovakia and
Australia the group purchased more than $10 billion dollars of
receivables and had more than 7,000 clients worldwide.
For more information on Bibby Financial Services, visit
www.bibbyusa.com www.bibbycanada.ca www.bibbytf.com
www.bibbystaffingfinance.com www.bibbyfinancialservices.com
For more information on The Bibby Line Group of Companies, visit
www.bibbygroup.co.uk.
Bibby Financial Services
Jennie Wills, VP Marketing
jwills@bibbyusa.com
(630) 493-3106
Copyright Business Wire 2008
