BCR Latest News

Small Business Confidence Brushes Aside Recession Fears

More than one in three small business owners (35%) plan to expand their business in the next three months, more…


Griffiths Announces Ј14.5 Million to Support Budding Entrepreneurs in Deprived…

Small Business Minister Nigel Griffiths today gave the green light to Ј14.5 million in grants to 46 new projects which…


Lloyds TSB Commercial Appoints Market Research Specialist

Lloyds TSB Commercial Finance Ltd, has strengthened its research team by appointing Sophie Finch as its new market research executive.…


PMI Report Shows UK Entered Recession in August

UK manufacturing economy enters recession in August for the second time in three-and-a-half years. The latest seasonally-adjusted Purchasing Managers’ Index…


Credit Agricole Launches Online Financing Service

Transfact, the factoring subsidiary of French rural bank Credit Agricole, has announced the launch of Immedians, an online financing service…


LG Capital to change name to LG Card

LG Capital said yesterday that its name will be changed to LG Card Co. starting Sept. 1. The company said…


Highams Business Solutions Announces Alliance with RiskFactor Solutions

Factoring system combines with risk analysis software Leading factoring and financial software provider, Highams Business Solutions Limited, has formed an…


ICA Survey Shows Small Business 'Held Back by Red Tape'

The government offers too little help to business start-ups and is failing in its attempts to build a culture of…


Half-Year Turnover Figures Show Impact of Financial Crises

Turkey’s Factoring Turnover (US$m) 30/06/2000 30/06/2001 Export  360,086 397,382 Import  16,770 10,120 International 376,856 407,502 Domestic 1,925,234 1,191,847 Total  2,302,090 1,599,349  For further analysis of the Turkish factoring Industry in the wake of the…


Non-Executive Director Increases his Shareholding at Potential

Anthony Jacobs, a non-executive director of Potential Finance Group, the AIM-listed company providing factoring services for smaller firms, yesterday paid…


Bibby Factors to Set Up Leeds Office

The Bibby Group of Factors, the largest independent factoring organisation in the UK, is to open Bibby Factors in Leeds.…


Banks Limit Lending to High-Tech Firms

The latest Federal Reserve report of loans made by banks reveals they are not nearly as keen as they once…


Banca Quadrum Goes into CNBV Administration

Mexico's Comision Nacional Bancaria y de Valores (CNBV) has stepped in to administrate Banca Quadrum, one of the 'new' banks…


CMRC Research Identifies Worst Hit Industry Sectors

A survey of over 1,000 firms by the credit management research centre (CMRC) reveals that businesses within the business and…


Gerling/NCM Joint Venture to Consolidate their European Factoring Presence

Gerling Versicherungs-Beteiligungs-AG (GKB) and Swiss Re have reached an agreement on forming a joint venture between Dutch credit insurer NCM,…


Merchant Commercial Finance Records 40% Turnover Increase

The London-based trade finance company, Merchant Commercial Finance, has recorded a 39.7% increase in turnover in the year ended 28…


Fraud Causes Fall in Profits at Five Arrows

Five Arrows Commercial Finance, which in the year ended 31 December 1999, recorded profits before tax of Ј890,000, has seen…


Siam General Factoring Records Impressive Growth in Profit in Q2…

Siam General Factoring, the third largest player in the Thai market behind Thai Farmers Heller and Ayudhaya International Factors, has…


Industry Ministry Lobbies to Establish New SME Bank

The Industry Ministry wants laws establishing a new SME bank to explicitly protect lending officers from legal liability if assets…


Cutfin Joins FCI

Cutfin, Absa's debtor finance house, has joined the ranks of almost 150 companies in more than 50 countries by becoming…


Eurofactor (UK) Comment on their Return to Profit in 2000

Eurofactor (UK) Ltd, the company formerly known as Credit Lyonnais Commercial Finance Ltd, have recorded a return to profit in…


Royal Bank Of Scotland Agrees Terms To Buy Euro Sales…

The Royal Bank of Scotland plc (“RBS”) has agreed the terms of a recommended cash offer for the entire issued…


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