BCR Latest News

Agencies ignoring small-business impact

Many federal agencies still are not complying with an executive order issued a year ago by President Bush directing them…


SME credit threshold rise diminishes trade credit data

In July the Department of Trade and Industry (DTI) announced new proposals to raise medium-sized company thresholds to the EU…


Nafin to grant US$274m in SME loans in Coahuila in…

State development bank Nacional Financiera (Nafin) will channel more than 3 billion pesos (US$ 273.7 million) in loans to small-…


More than half of all loans go to SMEs in…

According to a survey by China’s central bank value-added industrial output recorded by small- and medium-sized enterprises (SMEs) was 1,400…


SMEs welcome insolvency rule change but accountant warns against taking…

Rules designed to prevent struggling companies from becoming insolvent came into force yesterday (15 September), to warm applause from small…


CIT Commercial Services buys US factoring assets from GE Commercial…

CIT Group Inc. (CIT) announced today that its Commercial Services business unit has acquired a substantial portion of the US…


Bank of Baroda and SIDBI ink pact on SSI financing

Bank of Baroda and Small Industries Development Bank of India (SIDBI) have teamed up to co-finance the small-scale industries (SSI)…


Dynamic announces first half 2003 results

Dynamic Commercial Finance plc has continued to grow profitably during the first six months of 2003, producing a profit before…


Bush proclaims Small Business Week and confirms his administrations support…

“The success of small businesses in America reflects the innovation, determination, and hard work of the American people. During Small…


Exports to Middle East boom after Iraq war

Exports to countries in the Middle East have shot up in recent months, making up for months of losses during…


Securitisation market forecasts growth

The securitisation market in India may grow at a compounded annual growth rate (CAGR) of 40-50 per cent in the…


New small business guide from Lloyds TSB

Over 1.5 million UK entrepreneurs have used The Lloyds TSB Small Business Guide since it’s first edition published in 1987…


Four out of five Ontario small businesses hurt by power…

Last month's electricity blackout hurt 82 per cent of small businesses in Ontario and cost the provincial economy between $1bn…


Over 200 participants attended the seminar on banking products and…

The seminar, "Introduction To Banking Products and Services For SMEs", was organised by the Brunei Association of Banks on 11th…


New FSA rules will 'hurt' SMEs

Plans by the Financial Services Authority (FSA) to require businesses to report electronically could force the closure of many small…


Swedes vote “no” to euro

Sweden delivered a crushing rejection of the single currency yesterday (14 September), turning its back on closer integration with Europe…


ECGC enhances credit operation

The Export Credit Guarantee Corporation of Zimbabwe (Pvt) Ltd (ECGC) says it is enhancing its credit operations at a time…


Banker seeks answers as factor collapses

In the world of banking, relationships are often based on trust, admiration and respect. Victor C. Balestra, president and chief…


RM1bn micro credit for SMEs

The RM1 billion micro credit scheme, announced in the New Strategies Package unveiled last May, has received overwhelming response from…


Infoscore aims for 12% turnover increase

Infoscore Management und Beteiligungs GmbH, the German provider of factoring and debt collection services, as well as of information on…


PNC Bank earns US Export-Import Bank designation

PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. has been designated by the Export-Import Bank of…


Committee to address concerns over financing companies

The Securities and Exchange Commission (SEC) has formed a committee to look into the activities of financing companies and to…


Higher tax threshold a significant benefit for SMEs

The absence of a broad-based corporate tax cut in Budget 2004 is compensated by the increased tax threshold for small-…


Lloyds TSB provides Ј9 million invoice discounting solution for Gerber…

A Stratford-upon-Avon based company is set to grow into one of the biggest vegetable suppliers in its field after eating…


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