BCR Latest News

New Member for Factoring and Discounters Association

Independent Growth Finance (IGF) is the latest member of the Factors and Discounters Association after rapidly establishing itself since its…


First National Business Finance Re-brands

Areas of First National Business Finance will now be re-branded Abbey National business. Invoice Finance which incorporates invoice discounting and…


TEB’s Factoring Assets Decreased by More than Half in 2001

The Turk Ekonomi Bankas group has released its consolidated balance sheet for the year ended 31 December 2001. The statement…


CIT Group’s Chief Executive Speaks Out

CIT Group Inc.’s chief executive Albert Gamper, pitching the company's planned US$5.8 billion stock offering, says Tyco International Ltd.'s ownership…


Siam General Factoring Praised by Thai Securities and Exchange Commission

The Thai Securities and Exchange Commission yesterday praised 15 companies for providing management discussion and analysis (MD&A) to investors as…


Former Tyco International Director Frank Walsh Comments on Litigation Filed…

Tyco’s former International Director, Frank Walsh commented on Monday about the litigation filed by Tyco’s board of Directors. He said:…


NMB-Heller Funds ATL Telecom MBI

It was leading structured finance provider NMB-Heller’s ability to see beyond the recent storm of negative publicity surrounding the future…


First-Quarter FDA Figures Show Significant Growth in Larger Companies Using…

The latest FDA figures find more businesses are turning to invoice discounting to assist their export drive into Europe. While…


Dominique Charpentier Joins Gerling NCM

Dominique Charpentier is joining Gerling NCM Credit and Finance. He will take over as Chief Executive Officer of Groupe Etoile,…


HPSC Inc. Discovers Employee Defalcation Involving Transactions with Factoring Customer

HPSC Inc. announced today that it has discovered that an employee of the company's asset-backed lending subsidiary, American Commercial Finance…


Tyco Former Executive Being Sued for Receiving US$20 Million for…

Tyco has filed a suit against former director Frank Walsh. The company said that the Mr Walsh received an improper…


RBS Commercial Services Completes London Team

The Royal Bank of Scotland Commercial Services (RBS Commercial Services), the invoice finance arm of The Royal Bank of Scotland,…


WCC Services Plan to Acquire all Issued and Outstanding Shares…

WCC intends to acquire all of the issued and outstanding shares of Liquid Capital Corporation, a private, Ontario-based business providing…


Paul Beveridge Returns to Venture Finance

Paul Beveridge has returned to Venture Finance to head the structured finance division. He left the company to help set…


New Factoring Company Ultimate Finance Group Plc Raises Ј1.82 Million…

Newly formed Ultimate Finance Group PLC, a factoring, invoice discounting and trade finance company was admitted to AIM and has…


Paul Beveridge Returns to Venture Finance.

Paul Beveridge has returned to Venture Finance to head the structured finance division. He left the company to help set…


CIT Files Amended Registration Statement for Initial Public Offering

CIT Group Inc. announced that an amended registration statement has been filed with the Securities and Exchange Commission by CIT…


Resource Bank’s Factoring Division Defrauded by Construction Firm

A federal grand jury on Wednesday charged that Michael R. Agnew, president and sole owner of AGM, and Barbara M.…


London Scottish Bank Seeks Purchases to Bolster Factoring

London Scottish Bank PLC is looking for acquisitions to bolster its consumer credit and factoring businesses. The company is parent…


Regency House Finance Reports Increase in Profit for Year Ending…

Regency House Finance, a factoring company based in Lancashire, has released its directors’ report and financial statements for the period…


FSB Scotland Says Government Must do Better on Late Payment…

FEDERATION of Small Business Scotland on Sunday criticised the government's attempts to improve the "late payment culture", branding legislation which…


East European Factoring Association 2nd Annual conference

East European Factoring Association 2nd Annual conference New factoring markets: trends and opportunities 28-30 August,2002, Corinthia Nevskij Palace Hotel, Saint…


CIT Sale Delayed as Tyco Experiences Legal Problems

Tyco said the sale of its CIT finance unit could be delayed a week. The company had promised to complete…


BA-Creditanstalt-Leasing Poland is to merge with Bankowe Towarzystwo Leasingowe SA…

BA-Creditanstalt-Leasing Poland, a financial leasing services company is to merge with Bankowe Towarzystwo Leasingowe SA, a leasing services company and…


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