Press Releases

Bibby Transportation Finance Announces Zero Transfer Fees

In 2007, the Bibby Line Group is celebrating its 200th anniversary and bicentenary of serving industry. In recognition of this momentous milestone, Bibby Transportation Finance is offering a Zero Transfer Fee program as part of its freight bill factoring service.

Any new client, with a facility of $500k or less, will pay ZERO fees on the receivables transferred from their existing factor. It's EASY to register for this program. The trucking company simply receives and returns a signed factoring facility proposal.

Eric Hunter, chief executive officer of Bibby Transportation Finance, Inc., said, "When we launched Bibby Transportation Finance last year as a dedicated trucking factor, we stated that we would be looking for ways to make it easy for our clients to do business with us. Our Zero Transfer Fee program enables trucking companies to gain the benefit of our broad range of services and enjoy competitive rates without the impact of additional transfer fees. This is the first of a series of initiatives we are undertaking to celebrate the Bibby Line Group bicentenary and show that after 200 years of being in business we are still as innovative and client focused as when we were founded in 1807. We are continually striving to ensure that our comprehensive product range, tailored to trucking businesses, will be used by more clients by making it easy to change up to a Bibby Transportation Finance facility."