BCR Latest News

Government loan support for SMEs

The Small Business Guarantee and Finance Corp. (SB Corp.), the lending arm of the Department of Trade and Industry for…


A view of asset-based lending as only Leonard Machlis can…

One of the events of this year that we should remember is the retirement of Leonard Machlis after 38 years…


Major factor to offer credit protection services on the TradeCard…

GE Commercial Services to provide a credit protection facility for trade transactions GE Commercial Services, a unit of GE Commercial…


New Chairman of the board at Gras Savoye Langlois SA

Christian Rocheteau has been appointed chairman of the board of directors of Gras Savoye Langlois SA, the factoring and credit-insurance…


UK entrepreneurs faring well in global economic downturn

UK entrepreneurs are faring well in the face of global recession, according to a new survey co-funded by the DTI…


Coface joins forces with Uruguayan bank

Urguayan bank Banco Acac has joined forces with French insurer Coface to provide export financing with credit insurance, local daily…


Slide in exports triggers record trade deficit

The Federal Reserve decided to keep short-term interest rates unchanged yesterday, in something of an anticlimax to recent dramatic developments…


Fed keeps short-term interest rates steady

The Federal Reserve decided to keep short-term interest rates unchanged yesterday, in something of an anticlimax to recent dramatic developments…


SME Business booms in Bexleyheath

Business is booming in the most profitable town in Britain, despite the average business seeing a fall in profits, a…


Legislation on factoring and late payment to be considered

A high level meeting in the Planning Commission today on the flow of credit to the small scale sector decided…


Chinese bank allowed to handle factoring business

The Industrial and Commercial Bank of China (ICBC) announced Tuesday that the central bank has officially ratified the ICBC to…


Company insolvencies still rising in November

The UK recorded 1,855 business failures in November 2002, according to the latest figures released by Experian, the global information…


USA bankruptcy filings hit historic high

The number of bankruptcy filings in the federal courts in Fiscal Year (FY) 2002 broke records again, and with no…


The Credit Reference Bureau and African Trade Insurance Agency announce…

The African Trade Insurance Agency (ATI), the continent’s only pan-African, multilateral export credit and political risk agency, today announced that…


ABC group chief executive office says Zambian market responding well…

The African Banking Corporation (ABC) group is to invest an additional US$2million in its operations in Zambia because the country…


Cattles Invoice Finance open new office

Cattles Invoice Finance has expanded its operations with the opening of an office in Glasgow. The office will offer a…


Fleet Capital provides US$100 million asset-based credit facility to Columbus…

Fleet Capital Corporation, one of the United States's largest asset-based lenders, announced today that it served as agent for a…


Fed set to hold interest rates after White House shake-up

Federal Reserve policymakers are expected to hold interest rates at a 41-year low when they meet tomorrow following the sudden…


China plans loans boost for SMEs

China plans to push forward the deregulation of its interest rates next year to boost lending to private companies, a…


FDA’s Sixth Annual Conference proves a formula for success

Monte Carlo, Europe’s playground for the rich and famous, was the setting for the 6th Annual Factors and Discounters Association’s…


Unexpected interest rates cut

The Riksbank, Sweden's central bank, surprised financial markets yesterday morning by lowering its key rate for the second time in…


Interest rates: mixed reaction for Bank of England as ECB…

Manufacturers attacked the Bank of England yesterday for holding interest rates at 4 per cent for the 13th successive month…


Tax authority uses tax cuts as incentives for SMEs

Small and medium-sized enterprises (SMEs) will receive more tax deductions if they attract foreign capital or advanced technology. The National…


SMEs find it difficult to raise finance

Many small- and medium-sized enterprises ( SMEs) in Vietnam are currently faced with difficulties in attracting capital, according to a…


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