BCR Latest News

Scottish business failures rise 6.4%

The number of business failures in Scotland increased by 6.4% last year to the highest level for nine years, according…


Factoring company plans 30 per cent leasing portfolio growth in…

Hanza Lizings leasing and factoring company expects 30 percent leasing portfolio growth this year, company director Artis Birkmanis told reporters.…


Factoring activities contribute to Sterling Bancorp’s increase in profit

Sterling Bancorp, in its announcement of company figures for year ended 31 December 2002, attributed its increase in non-interest income…


New Director of Finance for UK’s leading credit insurer

Euler Trade Indemnity, the UK’s leading credit insurer, today announced the appointment of Fabrice Desnos as its Director of Finance.…


Japanese discover novel ways of raising capital for SMEs

The Osaka prefectural government has turned to Lehman Brothers and Daiwa Bank in a novel securitisation deal, as it attempts…


Fairfax Gerrard Holding Limited expects substantial growth

David Ross, managing director of Fairfax Gerrard Holding Limited, a company which provides finance against transactions to the construction industry…


Italian minister says Italy to increase investments in Bosnian SMEs

Italy intends to keep the role of the first foreign trade partner of Bosnia and Herzegovina (BiH) and increase investments…


Netherford Factors Ltd attribute downturn in profit to tough times…

Netherford Factors, a factoring company that specialises in providing factoring services to suppliers of the media industry, has reported a…


SIDBI to run $40m support fund for SMEs

THE Small Industries Development Bank of India (SIDBI) will shortly make available a $40 million support fund for small enterprises,…


Finance business, GMAC, shines as General Motors unveils Q4 income…

"General Motors Acceptance Corporation, or GMAC, achieved its eighth-consecutive year of earnings growth and fourth straight year of record earnings…


1.8bn baht sought for SMEs development

The Industrial Promotion Department plans to seek the National Economic and Social Development Board's approval for a budget of 1.8-billion…


Strong performance from commercial finance arm helps fuel GE earnings…

GE achieved a record $15.1 billion in earnings in 2002, a 7% increase over 2001, and, excluding progress collections, generated…


Analyses on credit insurance markets in the Netherlands, Italy and…

BCR has today added to its factorscan website four articles on private and public credit insurance markets in the Netherlands,…


Enterprise Finance Europe funds multi-million pound deal for worldwide agro-chemical…

Enterprise Finance Europe (EFE) has completed its largest deal to date - a Ј10 million re-financing package for United Phosphorous…


Fortis Commercial Finance appoints corporate manager for the Midlands

Fortis Commercial Finance Limited - part of the international Fortis Group, and a leading invoice finance provider across the UK…


Speciality lenders expect another hot year in asset based lending

Asset-based lenders expect loan demand to remain strong in 2003, after a year that saw business surge as corporate borrowers…


Sun Capital HealthCare provides factoring service to former NCFE client…

Sun Capital HealthCare, Inc. (SCH), a privately-held leading national financial services provider for the health care industry, entered into a…


Thai agencies plan May launch for program aimed at SMEs

Four state and private agencies have officially begun a cluster programme to help small and medium-sized enterprises strengthen their competitiveness…


Sterling Bancorp Schedules year-end 2002 earnings date and conference call

Sterling Bancorp, parent company of Sterling National Bank, today announced that the Company is scheduled to release year-end financial results…


UK SMEs confident in face of economy fears

Small firms in the UK are more confident about their prospects this year than are companies in other parts of…


Economists see economy picking up and interest rates growing

The U.S. economy will grow 3 per cent or more this year, followed by more robust growth next year as…


Forum aims to teach entrepreneurs how to stretch capital resources…

Entrepreneurs will have the opportunity to learn how to stretch their capital resources through alternative funding at the first Tech…


Lincolnshire County Council spearheads loan scheme for SMEs

Over the next 4 years Lincolnshire County Council will spearhead an innovative new loan scheme that will help give small…


Bay View announces sale of factoring businesses

Bay View Capital Corporation on Friday announced the sale of its two factoring businesses with approximately US$23 million in factoring…


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