Adrian Payne

Bibby Financial Services names BDM for construction and commercial finance

Bibby Financial Services (BFS) has named Steve Taylor as BDM for construction and commercial finance.

Steve — who is an invoice finance expert specialising in providing tailored funding packages to SMEs — joins the financial services partner from Metro Bank, where he spent two years as BDM for invoice finance.

Prior to this, he spent four years at RBS, also as BDM for invoice finance.

Steve will be based at BFS’ Slough office, where he will cover the Solent region and focus on providing both invoice finance and construction finance solutions to SME clients to help them overcome cash flow challenges.

“It’s a crucial time for the construction sector with subcontracting businesses facing increasing challenges, such as the rising cost of raw materials, extended payment terms and changes to legislation,” said Steve.

“…I’m thrilled to join the team to further support UK SMEs with the funding they need.”

Adrian Payne, head of sales in Solent at BFS (pictured above), added: “We’re committed to supporting SMEs, regardless of the economic climate.

“The knock-on effects of Carillion’s collapse in 2018 has continued to impact the construction sector, so it’s more important than ever that we provide the right support to subcontracting businesses.”

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