Bibby appoints Raffaele Giuliano as Business Development Manager
Announcement posted by FCR (Financial & Corporate Relations Pty Limited) 27 Jun 2012
Australia, 25 June 2012 - Global debtor finance specialist, Bibby Financial Services Australia (BFSA) has appointed Raffaele Giuliano as Business Development Manager in Victoria to service growing demand for debtor finance and expand Bibby’s presence in metropolitan and rural Victoria.
Mr Giuliano has more than 25 years experience working in the financing industry, most recently working for Octet Finance as a Business Transaction Specialist involved in payment financing. Before that, Mr Giuliano worked for over 15 years at Westpac Banking Corporation as a member of the senior management team with leadership and business development experience gained in both commercial banking and institutional banking businesses and prior to that, as Regional Marketing Manager for Australia’s Export Credit Agency, EFIC.
Greg Charlwood, Managing Director of Bibby Financial Services Australia said, “Raffaele has impressive experience in trade finance, working capital and supply chain finance and will be a valuable addition to the team in Victoria. There is no doubt that demand for debtor finance is on the rise and I am confident that Raffaele can service our clients and help grow our Victorian business.”
Mr Giuliano said there is significant enthusiasm among Australian SMEs to invest and expand their operations however challenges with cash flow management are restricting opportunities to implement these investment goals.
“The time is ripe for SME’s to look at their business assets and undertake a review of their business objectives as we move into a new financial year. If businesses foresee cash flow problems, particularly as a result of looming tax payments or are planning to grow or restructure in the year ahead, leveraging specialist borrowing tools such as debtor financing can be highly beneficial.
“Debtor finance is an ideal asset class that allows SME’s to secure finance upfront through unpaid invoices to fund working capital and other business expenses. Factoring turnover increased by 31% in Australia over the past year and this strong growth is testament to the benefits it can provide, particularly in comparison to traditional forms of financing that require property as security. I look forward to working with the Bibby team to communicate the advantages of debtor finance and implement strategies for SMEs across Victoria,” Mr Giuliano said.
Bibby Financial Services is the largest global independent specialist provider of debtor finance (also known as invoice finance, factoring, cash flow finance and invoice discounting) - a flexible and accessible cash flow funding tool for small and medium sized businesses. It maintains a network of 32 companies and services approximately 5,400 clients in 14 countries worldwide, including the UK, US, Canada, France, Germany, Ireland, The Czech Republic, Sweden, Slovakia, Poland, India, Hong Kong, Australia and New Zealand. It is part of the Bibby Line Group, a family-owned business-to-business services group with origins in shipping dating back over 200 years to 1807.
Invoice finance is designed to improve business cash flow and support business growth by releasing cash tied up in unpaid invoices. Unlike other funding arrangements, no real estate security is required, making it more accessible for small and medium sized business owners.
For more information on Bibby Financial Services please visit www.bibby.com.au
Mr Giuliano has more than 25 years experience working in the financing industry, most recently working for Octet Finance as a Business Transaction Specialist involved in payment financing. Before that, Mr Giuliano worked for over 15 years at Westpac Banking Corporation as a member of the senior management team with leadership and business development experience gained in both commercial banking and institutional banking businesses and prior to that, as Regional Marketing Manager for Australia’s Export Credit Agency, EFIC.
Greg Charlwood, Managing Director of Bibby Financial Services Australia said, “Raffaele has impressive experience in trade finance, working capital and supply chain finance and will be a valuable addition to the team in Victoria. There is no doubt that demand for debtor finance is on the rise and I am confident that Raffaele can service our clients and help grow our Victorian business.”
Mr Giuliano said there is significant enthusiasm among Australian SMEs to invest and expand their operations however challenges with cash flow management are restricting opportunities to implement these investment goals.
“The time is ripe for SME’s to look at their business assets and undertake a review of their business objectives as we move into a new financial year. If businesses foresee cash flow problems, particularly as a result of looming tax payments or are planning to grow or restructure in the year ahead, leveraging specialist borrowing tools such as debtor financing can be highly beneficial.
“Debtor finance is an ideal asset class that allows SME’s to secure finance upfront through unpaid invoices to fund working capital and other business expenses. Factoring turnover increased by 31% in Australia over the past year and this strong growth is testament to the benefits it can provide, particularly in comparison to traditional forms of financing that require property as security. I look forward to working with the Bibby team to communicate the advantages of debtor finance and implement strategies for SMEs across Victoria,” Mr Giuliano said.
Bibby Financial Services is the largest global independent specialist provider of debtor finance (also known as invoice finance, factoring, cash flow finance and invoice discounting) - a flexible and accessible cash flow funding tool for small and medium sized businesses. It maintains a network of 32 companies and services approximately 5,400 clients in 14 countries worldwide, including the UK, US, Canada, France, Germany, Ireland, The Czech Republic, Sweden, Slovakia, Poland, India, Hong Kong, Australia and New Zealand. It is part of the Bibby Line Group, a family-owned business-to-business services group with origins in shipping dating back over 200 years to 1807.
Invoice finance is designed to improve business cash flow and support business growth by releasing cash tied up in unpaid invoices. Unlike other funding arrangements, no real estate security is required, making it more accessible for small and medium sized business owners.
For more information on Bibby Financial Services please visit www.bibby.com.au