Case Study
Exporting success with rapidly growing fire protection firm
FSi Exporting success with rapidly growing fire protection firm Business: FSi Location Leicestershire Sector: Manufacturing Funding: £2.25m Celebrating its 16th year of operation, passive fire protection business, FSi, has developed a worldwide reputation for built-In fire protection and compartmentation systems, which are manufactured in the UK. To fund its international growth Financial Director, Paul Paling, approached Bibby Financial Services in 2011 and since then, the business’s funding limit has been increased to parallel the development and growth. A £450,000 Invoice Finance facility was initially agreed, which has now been extended to £2m. In addition to Invoice Finance, the growing firm also utilises BFS’s asset finance and foreign exchange expertise to provide working capital a