BCR Latest News

BCR’s International Receivables Conference Well Received

The first Receivables Finance International conference kicked off when a large section of the international factoring community descended on the…


Insolvency Shake-Up Over Book Debts

A recent court decision is set to shake up the way the banking profession and insolvency practitioners manage their appointments…


Euro Sales Finance Confirms it is Under Offer

Euro Sales Finance have today made the following announcement: “Further to its strategic review, the Board of ESF has entered…


John F Daly of CIT Commercial Services presents the latest…

Market Performance and Supply Factors generally serve companies that range in size from a turnover of US$1 million to US$500…


Electronic Interchange Between Manufacturers and Retailers

By Joseph J. Richardson Senior Vice President Operations and Administration CIT Commercial Services It’s no secret: The process of replacing…


Intesa to Buy VUB

IntesaBci, Italy's largest banking group and owners of Comit Factoring, won the tender to buy Vseobecna Uverova Bank (VUB), Slovakia's…


Close Invoice Finance Buys Metropolitan Factors

Close Invoice Finance, the factoring and invoice discounting subsidiary of Close Brothers Group plc, has announced the acquisition of south…


Marketing a Factor- Successful Techniques Used By An Industry Leader

By Tobi Wilkins Quantum Corporate Funding, Ltd. Factors, unlike other financial services professionals, find themselves filling an important niche in…


Upcoming Revision of Article 9

by Bennett L. Cohen, General Counsel Cohen, Salk & Huvard, P.C. The Transition Rules In the IFA’s 28 September 2000…


IFA Announce the Introduction of a Code of Ethics for…

The IFA’s Board of Directors for 2000 came up with a Code of Ethics for the Association and has been…


Chipo Muzorewa of African Factors presents the latest analysis of…

Market Performance and Supply Unfortunately little information on the Zimbabwean factoring industry is available, as most factors are unwilling to…


Troubled Slovak Bank to be Taken Over by State-Owned Factoring…

Slovak state-owned bank Konsolidacna banka Bratislava (KBB) will be taken over by state-owned factoring agency Slovenska Konsolidacna (SKo) before 31…


ING Acquires Controlling Interest in Seguros Comercial America

The diversified group of companies called Savia has announced that it has reached a final agreement with ING Group, under…


Bibby Group of Factors Shows Steady Growth in 2000

Bibby Group of Factors Ltd have released their annual accounts for the year ended 31 December 2000. Turnover has risen…


Regency Reports a Mixed Year in 2000

Regency House Finance Limited have released their annual accounts for the year ended 31 January 2001. Turnover has risen by…


Ruling Aids Factoring Firms in Agricultural Industry

Financial firms that factor agricultural accounts receivable won a big victory last week that should help sustain the crucial liquidity…


GLE Appoint Pete Stanton Regional Sales Director for the West…

GLE Invoice Finance has announced that it will strengthen its sales team by appointing Pete Stanton to the position of…


New Deadline For Monopoly Report on Banking Services

The Secretary of State and the Chancellor have agreed a request by the Competition Commission for a four month extension…


Continued Growth in Banks Services for Small Business

Lending to small businesses rose by Ј1.4 billion (+3.6%) in the first quarter of 2001. This was higher than the…


Alliance & Leicester enters Factoring market in partnership with Bibby…

Alliance & Leicester has announced its entry into the growing factoring market in partnership with Bibby Group of Factors. The…


Natexis Opens Spanish Branch

French investment bank Natexis Banques Populaires, which has a factoring subsidiary, has received authorisation from the Bank of Spain to…


Venture Finance Extends Availability of Small Firms Loan Guarantee Scheme

The factoring company Venture Finance plc, which provides loans under the government’s Small Firms Loan Guarantee Scheme, has extended the…


Euro Sales Finance For Sale

Subsequent to the issuing of a profit warning last month and warnings of exceptional changes in its final quarter, the…


Isis Factors Records Slight Drop in Performance in 2000

Isis Factors PLC have released their annual accounts for the year ended 31 October 2000. Turnover has fallen by 7.82%…


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