BCR Latest News

Monroe Capital completes strategic partnership with Wendel Group

Monroe Capital LLC (Monroe) announced the closing of its partnership agreement with Wendel Group (Wendel), one of Europe’s leading listed…


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Republic Business Credit funds US$10m factoring facility

A leading global manufacturer of child, toddler and infant safety products secured its first senior lending facility in the U.S.…


Allianz Trade appoints Matt Williams as UK-IE CEO

Allianz Trade, the world leader in trade credit insurance, has announced the appointment of Matt Williams as CEO for Allianz…


WTW acquires Global Commercial Credit

WTW, a leading global advisory, broking, and solutions company, announced the acquisition of Global Commercial Credit, LLC (GCC) into Willis,…


PGIM Fixed Income hires new Head of Asset-Based Finance

PGIM Fixed Income has hired Oliver Nisenson as head of asset-based finance (ABF), effective May 15, 2025. In this newly…


SMBC appoints Global Head of Trade Finance

Japanese bank Sumitomo Mitsui Baking Corporation (SMBC) has appointed Mitsuhiro Kawamura (pictured) as Global Head of Global Trade Finance Department…


Allianz Trade announces changes in leadership teams

Allianz Trade, the world leader in trade credit insurance, announces changes in its leadership teams. Benoît des Cressonnières, Global Head…


MCB Bank and Fauree launch Pakistan’s first Sharia-compliant SCF platform

MCB Bank Limited, through its Islamic banking division, has formed a strategic alliance with Fauree Tech Pvt. Ltd. to launch…


Star Funding names new VP to fuel growth

STAR Funding, a New York-based provider of working capital solutions for small and mid-sized businesses, announced that Bryan Maloney has…


British Business Bank agrees £100m ENABLE Guarantee transaction with Cynergy…

The British Business Bank has agreed an ENABLE Guarantee transaction of up to £100m with Cynergy Bank PLC, to support…


Finastra introduces enhancements to LaserPro, adds customer benefits to the…

Finastra, a global provider of financial software applications, announced its leading cloud-based loan document preparation system, LaserPro, is now offering…


SBCI and EIB partner to enable €560m new lending to…

The Strategic Banking Corporation of Ireland (SBCI) CEO, June Butler, and the Vice President of the European Investment Bank (EIB),…


Tesorio transforms portal bottlenecks into cash flow

B2B payments are undergoing a major transformation. Supplier portals—once used by just a handful of customers—now account for up to…


EIB and Banca Popolare di Sondrio launch €300m initiative for…

The European Investment Bank (EIB) and Banca Popolare di Sondrio have signed a new agreement to mobilise over €300m in…


Dun & Bradstreet to be acquired by Clearlake Capital

Clearlake Capital Group, L.P., (together with certain of its affiliates, “Clearlake”), last week announced that it has entered into a…


WFY’24: Robust export growth drives strong sales for trade finance…

Vietnam’s factoring industry entered 2023 with high expectations, especially with regard to export factoring which is the mainstay of the…


African Development Bank provides US$25m trade finance facility to Bank…

The Board of Directors of the African Development Bank Group has approved a US$25m trade finance transaction guarantee facility for…


Yue Da International enters reverse factoring agreement with Yile Trading

Yue Da International Holdings Limited (Yue Da International), through its wholly owned subsidiary Yueda Commercial Factoring, has announced a new…


FactorFox returns to founder Robert Vasquez in strategic move

Robert Vasquez, original founder of FactorFox, has reacquired both FactorFox and its Latin American counterpart, iProveedor. This strategic return marks…


Jindal Stainless acquires 9.62% stake in M1xchange

Jindal Stainless, Indian top stainless steel producer, along with its subsidiary Jindal Stainless Steelway Limited, has acquired a 9.62 per…


CredAble crosses INR 250 crore in trade receivables securitisation

CredAble, India’s largest working capital technology platform, announced that it has successfully crossed INR 250 crore (US$29.14m) in trade receivables…


Allianz Trade appoints new country manager for South Korea

Allianz Trade in Asia Pacific has appointed Wongi Kim as the new country manager for South Korea, effective April 1,…


BFS comments on today Spring Statement impacting UK SMEs

In response to Rachel Reeves’ Spring Statement from today, Theo Chatha, Chief Financial Officer of SME funder Bibby Financial Services…


Nirav Choksi of CredAble joins Editorial Board of BCR News

BCR Publishing is pleased to announce that Nirav Choksi of CredAble has joined the Editorial Board of BCR News. Nirav…


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