BCR Latest News

Deutsche Financial Services UK Limited’s Annual Accounts Released

Deutsche Financial Services UK Limited have released their annual accounts for the year ended 31 December 1999. The company has…


European Growth Continues for Euro Sales Finance

Euro Sales Finance (ESF), the pan European sales finance company, today announced its interim results for the six months ended…


Asta Funding Reports Acquisitions of Finance Receivables

The financial services company, Asta Funding Incorporated today reported that Asta Commercial, LLC, a wholly owned subsidiary of the company,…


HNS Wins Provisional Licence to Create Exclusive SME Bank

Heller Net Sud, the Japanese-Chilean firm specialising in factoring and leasing, has announced that Chile’s bank regulator on Wednesday granted…


Insolvency Figures in the Fourth Quarter of 2000 Released

Statistics showing insolvencies in the fourth quarter of 2000 were published today by the Department of Trade and Industry. Company…


Close Invoice Finance Limited’s Annual Accounts Released

Close Invoice Finance Limited today released their annual accounts for the year ended 31 July 2000. Turnover has risen by…


Euro Sales Finance PLC Signs Agreement with the Co-operative Bank

Euro Sales Finance PLC (ESF), the independent provider of sales finance solutions, has today announced that it has signed an…


GLE Invoice Finance Seeks AIM quotation

GLE Invoice Finance is seeking a quotation on the Alternative Investment Market (AIM) A valuation of between Ј15m and Ј20m…


Venture Finance PLC Becomes First UK Factor to Provide Clients…

The financial services company, Venture Finance PLC, has become the first company in the UK to offer its factoring and…


Potential Finance Limited’s Accounts Released

Potential Finance Limited today released their accounts for the six months ended 30 September 2000. Turnover for the period was…


Rumours Continue to Surround the Future of Demirbank

The rumour-mill regarding the future of Demir bank, the owner of one of the Turkish factoring industry’s major players, is…


Factoring Helps Sterling Bancorp Achieve Record Results

The financial services provider, Sterling Bancorp, today announced record earnings both for the year and the quarter ended 31 December…


Members of Fraud Panel for IFA Conference Selected

The speakers for the fraud panel at the seventh IFA conference, to be held in Scottsdale, Arizona from 4th to…


Alliance Trade Finance Limited Moves into the Black

Alliance Trade Finance Limited, the speciality trade finance provider, today released their annual accounts for the year ended 31 July…


CIT to Provide Trade Finance on the Internet with Commfin

CIT Commercial Services, the USA’s largest provider of factoring, has today announced an agreement with Commfin, an internet portal that…


GMAC Confirms Bank of America Purchase

BCR Publishing has today received confirmation that GMAC’s acquisition of the Bank of America’s factoring business was effective as of…


Bibby Group Launches Bibby Asset Finance Ltd

The Bibby Financial Services Group has launched a new division to work alongside Bibby Group of Factors, which is currently…


Reedham Factors Limited Becomes Cattles Invoice Finance Limited.

Effective as of 9.00 this morning, Reedham Factors Limited has become Cattles Invoice Finance Limited. The re-branding is intended to…


Wildes Reports on Ruling re Disposition of an Insolvent Company’s…

LEGAL BRIEFING: Section 127 Insolvency Act 1986 Bank not liable Payees are liable to make restitution on cheques under Section…


Share Purchase Will not Impact on Hansa Leasing

An unspecified American fund has acquired 315,000 shares in Hansabank, the parent of Estonia’s largest factoring company, Hansa Leasing. The…


Southwest Financial Inc. Executive Pleads Guilty to Fraud.

An executive with a Little Rock, Arkansas factoring company, Southwest Financial Inc. pleaded guilty to conspiracy and eight counts of…


Factoring Helps Banco Popular Results

Spain’s third largest bank, Banco Popular, has declared a 13.3% increase in net profit from €497m last year to €528m…


EDS and Primestreet Collaborate to Enhance Online Credit Solutions for…

The global services company EDS and the credit-solution enabler, Primestreet announced on Friday 12 January 2001 a comprehensive agreement to…


HPD Restructures As Part of Long Term Internet Strategy

HPD Software, providers of secured asset finance solutions and services, has announced that as part of its long-term growth strategy,…


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