BCR Latest News

UK Businesses Give a Clear Thumbs Down to the Euro…

Other European countries warm to the concept of the single currency but UK still lags behind Research from business and…


Grant Thornton Release Tips for SMEs on Dealing with the…

Arming small businesses with the information that they need to deal with the euro now it has come into effect,…


Economic Downturn Will Mean Tough Times for SMEs

The economic downturn will continue to put pressure on many smaller companies this year. Two conferences and a course run…


Metropolitan Factors Announces Profit of Ј325,000 for Seven Months Ended…

Metropolitan Factors Ltd have today released their accounts for the seven month period ended July 2001. Turnover for the period…


FDA Figures Show Dramatic Increase in Rise in SME’s Calling…

Quarterly figures released today by the Factors and Invoice Discounters Association (FDA) have shown how the clients of FDA members…


US Economy Emerging From Recession?

The Institute for Supply Management (formerly the National Association of Purchasing Management) has announced that its index of factory activity…


Congress Passes Bill Stipulating that Court Approval is now Needed…

On 20 December 2001 both houses of Congress passed HR 2884, the federal tax relief package for victims of the…


PMI Signals Increase in the Rate of Manufacturing Contraction

The UK manufacturing economy recorded a further month of significant contraction in December. The seasonally-adjusted Purchasing Managers’ Index (PMI –…


Sequoia National Bank Sues Sub-Prime Lenders Over Allegations of Factoring…

Sequoia National Bank has announced that it has filed a lawsuit against Peter Behr, Jr., Richard Hatfield, Daniel Holland, Robert…


BancoEstado Guarantees US$110m for Small Businesses Credit

BancoEstado is extending US$110mil in warranties for loans for operations and investment projects for micro, small and medium sized companies…


Gerling Offers Financing of Trade Receivables Through Capital Market

On 19 December 2001, Gerling Speziale Kreditversicherungs-AG, Cologne, became the first credit insurer to offer European small and medium-sized enterprises…


Banks Escape Regulation of Dealings with Small Business

Banks are set to escape tough new regulations covering their dealings with small businesses in favour of a code of…


Predictions of Increased Economic Growth in Asia Could Benefit Factoring

According to the Japanese External Trade Organisation (Jetro), economic growth in east Asia will pick up next year and then…


BCR Release Details of the First Receivables Finance International Asia…

Shape the future of Asia-Pacific factoring! BCR Receivables Finance International’s Asia Pacific Conference is to be held in Singapore’s Four…


Business Leaders Again Name GE World's Most Respected Company

General Electric was named the world's most respected company for the fourth straight year in a worldwide survey of chief…


Late Payment is Still the Norm

Companies are still taking longer to pay their bills three years after legislation to speed up payment was introduced. The…


Leslie Bland Comments on Industry Trends in the Wake of…

Leslie Bland, Chief Executive of Close Invoice Finance has today commented on the reasons behind and implications of the recent…


Barcelona 2001 – FDA Annual Conference

The fifth annual conference of the UK Factors and Discounters Association was held, with much success, last week on the…


Bibby Research Shows that Exporters Fail to Meet E-Commerce Challenge

The UK’s exporters are still far from embracing the e-commerce challenge according to the latest research from Bibby Financial Services.…


Lloyds TSB Commercial Finance Assist Britannia Food MBO

The management team at Goole based Britannia Food Ingredients Limited is celebrating successfully buying the company from its parent Pura…


Lloyds TSB Commercial Finance Backs MBO from Valeo Group

Lloyds TSB Commercial Finance has backed the management buy-out of Halifax-based Valeo Transmission Limited from the Valeo Group. The management…


NCM/Gerling Merger Could Provide Launchpad for Factoring Expansion into Europe

Gerling and NCM are no strangers to the factoring industry, with Gerling acquiring a 49% share in the French company…


European Commission Authorise Acquisition of NCM by Gerling

The European Commission has this afternoon approved the take-over of the Dutch credit insurance company NCM Holding N.V. by German…


Lloyds TSB Commercial Finance Backs Specialist Printing Firm in Double…

The management team at Grafham Holdings Ltd is celebrating the successful management buy-out of Hovat Limited from parent SJP Group…


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