BCR Latest News

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…


Lloyds TSB Commercial Finance Ltd launches new online Client Service

The UK factoring and invoice discounting company Lloyds TSB Commercial Finance Ltd, has announced a new service, SolutionsPlus, which provides…


Robin Barnsley of Standard Bank of South Africa presents the…

Market Performance and Supply Factoring remains a relatively small provider of working capital, with bank overdraft facilities remaining the primary…


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…


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