BCR Latest News

Prompt Payment not a Priority

League tables for over 4,000 companies published by the Federation of Small Businesses (FSB), a member of the Better Payment…


SFO Reports Case of Alleged Defrauders of International Factors Completed

The Serious Fraud Office has released its annual report which this year records the completion of the case against David…


Taiwan's Banks to Provide T$1.5bn in Lines of Credit to…

Taiwan's Small and medium Business Credit Guarantee Fund (SMBCGF) reported yesterday that a number of banks are to start providing…


Nikoil Says it Will Remain Leader on Russia's Factoring Market

Investment and banking group Nikoil plans to retain its position as the leader on Russia's market in factoring operations. Nikoil’s…


WestLB and Exim Team up to Provide Customised Factoring and…

Westdeutsche Landesbank Girozentrale (WestLB), Germany and Export-Import Bank of India (Exim Bank) have joined forces to form a joint venture…


Three Move to Ashley

Ashley Commercial Finance this month has gained three new experienced members of staff. Elaine Ireland has been appointed to the…


RBS Commercial Services to Offer Enhanced SME Service

The Royal Bank of Scotland Commercial Services is offering faster and easier access to its services in the form of…


eCredit Offers Fully Automated Payment Method in B2B Web Market

eCredit, a finance company which provides traditional finance products adapted for e-commerce, has a new on line invoice factoring service…


IFG’s AGM Sees New Chairman Elected

During IFG'S AGM held in Vancouver in May, Mr. Dominique Charpentier, CEO of Eurofactors was elected new Chairman of the…


Cattles on the Move

Factoring and invoice discounting house Cattles Invoice Finance (Oxford) Limited has moved into new premises at the Quadrant, Abingdon Science…


New Marketing Manager at Cattles Invoice Finance

Factoring and invoice discounting house Cattles Invoice Finance has strengthened its management team with the appointment of Richard Howard as…


Spectrum Goes Independent of US Bancorp

Last year US Bancorp acquired Spectrum Commercial Services as part of a larger deal. Top executives at Spectrum assumed that…


GLE Invoice Finance Launch Website

Early 2001 saw the launch of GLE Invoice Finance’s new website at www.gleinvoicefinance.co.uk. Working with an existing client, Maze Communications,…


Head of PayDay Today Arrested on Suspicion of Fraud

David L’Hoir, who ran the organisation PayDay Today was arrested by the FBI in Fort Lauderdale, Florida on suspicion of…


Berkshire Hathaway and Leucadia National to Bail Out Finova

The US Bankruptcy Court in Delaware approved a plan by Berkshire Hathaway Inc and Leucadia National Corp to bail out…


Factoring in Asia Grows 147% in Five Years

The volume of factoring services in Asia, excluding South Korea, grew 147% between 1995 and 2000 according to factors Chain…


Factoring in North America Slows Down with the Economy

It seems that the stalling of the US economy has impacted the activity of factors in the USA and Canada…


Quarterly Business Failure Rate Begins to Rise

The number of businesses going bust increased by more than 15% in the second quarter of this year (compared with…


GE Capital Commercial Finance launches Corporate Finance Division

GE Capital Commercial Finance has announced the launch of a Corporate Finance Division and a new Scottish office, resulting in…


Metropolitan Records 330% Profit Increase in 2000

Metropolitan Factors Ltd, the West Sussex based factoring company, have enjoyed good health, financially speaking, in the year ended 31…


First East European Factoring Association Conference “Marvellous”

At the Twenty-Seventh Party Congress in 1986, perestroika, Mikhail Gorbachev's program of economic, political, and social restructuring, became the unintended…


Alex Lawrie Factors Announce New Team of Specialists Dedicated to…

Alex Lawrie Factors, the provider of factoring and invoice discounting, is building on its success by launching a national team…


Bibby Launches Free Guide to Help New Businesses

The companies of the Bibby Group of Factors have launched a free guide to help budding entrepreneurs start-up in business.…


Arbuthnot Record Steady Growth in 2000

The annual accounts for the year ended 31 December 2000 show that the factoring company Arbuthnot Commercial Finance Ltd have…


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