BCR Latest News

BRE Bank to Purchase Hungarian Factoring Company

Poland’s listed BRE Bank wants to purchase 50 percent of Hungary’s Magyar Factor Rt., worth HUF550m, or ZL9m. BRE already…


Cattles Invoice Finance Launch New Low-entry Level Confidential Product

Cattles Invoice Finance, a Leeds-based factoring and invoice discounting company, have launched a new cash flow funding solution and has…


Taiwan and Russia Sign Memorandum for Bolstering the Development of…

Taiwan and Russia signed a memorandum last Thursday for the bolstering of the development of small-and medium-sized enterprises (SMEs) as…


Confusion Over Calculation of Interest Owed on Late Debts

Businesses may find themselves confused when it comes to calculating interest owed on the late payment of commercial debt following…


New Appointments at Venture Finance

Asset-based financier Venture Finance PLC today announces the appointment of Cliff Meek as Regional Manager of Structured Finance in the…


Oldest South-Western Factoring Company De-lists from American Stock Exchange and…

KBK Capital Corporation, which provides business credit to middle-market companies, announced that, as of the close of business on September…


Fortis Commercial Finance Release Financial Statement for Year Ended 31…

Fortis Commercial Finance Limited, part of the international Fortis Group and one of the leading invoiced finance providers in the…


Latest Analyses on the Greek, Belgian and South African Factoring…

BCR has today added three more articles from the World Factoring Yearbook 2002 to its factorscan website. The articles on…


Stenham –Heller Launches Opportunity Finance for SMEs

Stenham-Heller, a leading trade finance company, has launched a new service called ‘Opportunity Finance’. The service has been developed in…


Barclays Survey Shows Small Business Start-ups are Decreasing in Number

The traditional summer ‘S’s - sun, sea and sand – were replaced in 2002 by a new ‘S factor’ which…


Research Confirms SMEs Rate Advice from Accountants Most Highly

Accountants are the most used and most effective source of business advice to small and medium-sized enterprises, ahead of banks,…


Small Thai Firms Urged to Work Together

Helping small and medium-sized enterprises move up the value chain and improve their competitiveness has been a longstanding policy to…


Capital Corporate Finance Raise Ј35,000 for Childline at Annual Event

On 6th September, the commercial finance industry enjoyed a night of food, wine and entertainment at the New Connaught Rooms…


Vice-Chairman of Eurofactor Comments on Company’s Plunge into the Red

Philippe Zamaron, vice-chairman of the board of management at Eurofactor in France spoke to BCR to explain why Eurofactor has…


First National Business Finance Re-branded

Abbey National has re-branded its First National Business Finance operation to Abbey National business as from 1 September 2002. The…


Lloyds TSB Commercial Finance Limited Release Financial Statement

Lloyds TSB Commercial Finance Limited, the receivables finance division of Lloyds TSB Group plc., has released its Directors’ report and…


Skipton Business Finance Release Figures for 2001

Skipton Business Finance Limited, the factoring and invoice discounting subsidiary of Skipton Building society, has released its figures for the…


Number of Small Business Start-ups Fall by 11%

The number of small businesses set up in the second quarter fell by 11 per cent against last year as…


Italian Factors IFIS Committed to International Expansion

Giovanni Bossi, managing director of the Italian factoring company IFIS, yesterday confirmed its plans to enter the Milan Star index…


FDA’s Second Quarter Figures Show Continued Growth in Factoring and…

The FDA has released its Second Quarter 2002 figures. They show over Ј7.2billion of funding is being provided to UK…


Chilean Banks Wary of Lending Funds to SMEs

Chilean banks have used just 7% of a US$500million government-sponsored loan guarantee for small- and medium-sized enterprises (SMEs) debt restructuring…


Quantum Corporate Funding, Ltd. Seeks Factoring Portfolios

Quantum Corporate Funding, Ltd., a nationwide firm specialising in alternative funding for small to medium-sized companies, is aggressively seeking factoring…


FDA Announce the Appointment of New Chairman

Tony Cox, Managing Director of Venture Finance PLC, has been appointed Chairman of the Factors & Discounters Association (FDA). The…


BCR Reports on Prague Conference

On 3-5 July 2002 senior factoring professionals from 18 countries converged on the Czechoslovakian capital of Prague for BCR Publishing’s…


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