Forward Finance is for businesses with annual turnover of up to £300,000 and that have credit terms with other businesses. The maximum funding amount you can raise using Forward Finance is £50,000.
In accordance with the Data Protection Act (1998) all directors/owners or officers ("Persons") whose details are recorded in the application form authorise Bibby Financial Services Limited and/or any other Bibby related company ("Bibby Companies") to store and process information about such Persons and to undertake any investigations (including but not limited to searches with credit reference and fraud prevention agencies ("Agencies") and money laundering prevention searches) deemed necessary by any of the Bibby Companies to enable any of them to offer a finance facility.
Data Protection Compliance Officer, Bibby Group of Factors Limited, Endeavour House, Banbury Office Village, Noral Way, Banbury OX16 2SB, telephone 01295 661900 (or such other address or telephone number as the Bibby Companies may tell me/us).
Your application will take about 10 minutes and on completion you will receive a funding decision in principle. This will give you an indication of whether your business meets the criteria for Forward Finance or whether we think a different form of funding would be better suited to your business.
To apply you need to be 18 or over and a resident of the UK. To complete your application, you will need the following information:
Following an agreement in principle, your funding will be available within 5 working days.
If we need additional information, we will make this clear to you at the end of the online application process.
We take your privacy and data security seriously. By clicking ‘agree and proceed’, you are confirming that you are happy for us to capture and store your information as detailed in our data protection policy.
We will only use this information to assess whether we can offer you a funding facility, and we will only contact you to progress or discuss this application. Your details - and those of your business - will not be passed on to third parties, without your consent.
This online application is not a legal agreement for a funding facility. Should we make an offer in principle, we will need to undertake full credit checks and further information about your business is required before we can confirm your offer.