Following the acquisition by the Bibby Financial Services Group of Arbuthnot Commercial Finance, the two offices will be coming together as one team at new premises based in Hastings.
Arbuthnot Commercial Finance was an independent factoring company based in St Leonards-on-sea, East Sussex.The acquisition, which was completed on 31 July, brought a wealth of experience and around 100 clients into the Bibby Financial Services Group.
The combined business will operate under the existing Bibby Factors Sussex company name. Roger Taylor, the current managing director of Arbuthnot Commercial Finance will head up the joint business as managing director, supported by Sue Duckett, operations director and Andy Leopold, sales director.
Operating from its new premises at Lacuna Place in Hastings from early January 2009, the team will continue to provide cash flow solutions to small to medium-sized businesses across the Sussex region.
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