BCR Latest News

Accord Financial Corp. Enjoying Record Activity

Ken Hitzig CEO Accord Financial Corp. has reported record activity in one of its wholly owned subsidiaries JTA Factors Inc.,…


CIT Forms Strategic Alliance with Ftadirect.com

CIT Commercial Services has announced a strategic alliance with FTADirect, a leading online business-to-business marketplace for the textiles and finished…


GMAC Joins Global Financing Network

GMAC has joined the eCredit.com Global Financing Network as a financing partner. The Global Financing Network connects businesses to global…


COMFEX: FDA Chairman Outlines What’s in Store for the Future

The Commercial Finance Show opened at the Barbican in London yesterday with a report by Mr David Marsden chairman of…


Client of Presidential Financing Pleads Guilty to Wire Fraud

Lawrence Rosenzweig of the Barridon Corporation has pleaded guilty today in a federal court to the charge of “wire fraud”,…


Finatra acquires Premium Asset Recovery Inc.

Finatra Captial Inc has announced plans to buy Premium Asset Recovery Inc. a factoring company specialising in the collection of…


Heller announces new General Counsel

Heller Financial Inc. has today appointed Mark Ohringer to General Counsel effective immediately. Ohringer joined Heller’s legal department in 1993…


OFEK Forms New Factoring Company

OFEK Capital Corp has announced the formation of a new American factoring company to be known as AFC, and will…


LOFAC Enhance CTS Service

In recent months, Lanka Orix Factors have experienced a slight shift in their client base as they take on more…


On-Line Factoring comes to Sri Lanka

Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on…


FDA Half Yearly Figures Show 26% Increase in Funding

The FDA has today published its review of the first half of 2000. The results published in the review are…


FMN Financial Limited’s Annual Accounts released

The accounts of FMN Financial Limited (which merged with Fortis Bank Commercial Finance to become Fortis Commercial Finance in July…


Euro Sales Finance strengthens its German management team

Euro Sales Finance plc, the pan-European provider of sales finance solutions, today announced the appointment of Gerd Georg as director…


West LB Bank Plan Indian Operation

The German based bank West LB are planning the launch of a new export factoring service in India, where they…


Byers: “A new economic policy for the new economy.”

Trade and Industry secretary, Stephen Byers, has today announced plans to establish new manufacturing centres of excellence in an effort…


Client of Presidential Financing Corporation Charged with Fraud

Lawrence Rosenzweig of the Barridon Corporation has been charged today by a federal court of engaging in a scheme to…


Alex Lawrie Into Scotland

Following the coming together of Alex Lawrie Factors and Lloyds TSB Commercial Finance in January, factoring specialist Alex Lawrie is…


Fortis Launches New Client Service Charter

Fortis Commercial Finance today unveiled an innovative Client Service Charter aimed at setting new standards of customer care for SME's…


Citibank Completes Acquisition of Bank Handlowy w Warszawie

It was announced yesterday that Citibank Poland, which already owns 87.9% of Bank Handlowy w Warszawie, will be buying up…


Forenede Factors Bought By NCM Holding NV

One of Denmark’s factoring industry leaders, Forenede Factors, has been bought from Den Danske Bank by the Netherlands company, NCM…


Northern Bank PLC Absorbs Northern Bank Factors

As of 1 October 2000, Northern Bank Factors Ltd will cease trading as a limited company and its factoring operation…


Alex Lawrie Factors And Lloyds TSB Commercial Finance Combine Their…

Factoring specialist Alex Lawrie and leading invoice discounting provider, Lloyds TSB Commercial Finance, are embarking on a new integrated business…


Factoring Agreement Renewed Between AllnetServices.com and Global Asset Exchange

The e-commerce and internet solutions provider AllnetServices.com Corp has today announced that it has renewed its factoring agreement with Global…


CIT Allies With BtoBapparel.com

The USA’s largest provider of factoring, CIT Commercial Services, has further strengthened its position in the apparel e-commerce area today…


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