BCR Latest News

Closing Clients Electronically

by Pat Stiehm As we all know in the factoring business, we usually have a short window of opportunity to…


The Advantages and Limitations of Guarantees

by D. Brent Wells Introduction As long as extension of credit has driven commerce, creditors have been wary of accepting…


FS-Banken and SEB Announce Merger

Two of Sweden’s largest banks, SEB and FцreningsSparbanken, yesterday announced plans for a $15.9bn merger. It is hoped that the…


Factoraje Comercial America Reports Fourth Quarter and Full Year 2000…

Factoraje Comercial America S.A. de C.V., the factoring subsidiary of one of Mexico’s leading insurance companies (Seguros Comercial America), today…


Mr. V. Ravindranath of Muscat Finance presents the latest analysis…

Market Performance and Supply Considering the size of the middle east region and the economies which exist within it, it…


Small and Medium Sized Enterprises Fail to Harness Full e-commerce…

SMEs across Europe are failing to maximise the opportunities afforded by e-commerce. According to the ninth European Business Survey (EBS)…


LDP to Aid Small Companies

Japan's ruling Liberal Democratic party is preparing measures to help small and medium-sized businesses weather the increasingly difficult economic environment,…


CIT And 7thOnline in Alliance to Provide Financial Services to…

CIT, a leading global source for financing and leasing capital managing more than $50 billion in assets, and 7thOnline, a…


City Invoice Finance joins Euro Sales in link-up with Co-operative…

The Co-operative bank today has become the first bank to offer small business customers a choice of factoring and invoice…


BB& T to Provide Secure Web Site for Clients

van Schouwen Associates, a full service marketing and interactive agency in Greensboro, North Carolina, has been awarded the contract to…


Germany’s DG Bank and GZ Bank to Merge

DG Bank, which owns the factoring company DG Diskonbank, is to merge with GZ Bank, it was agreed on Tuesday.…


Factors & Discounters Association Figures Show 18% Increase in Volumes.

The FDA released its statistics for the last quarter of 2000 and the year ending December 2000. The figures show…


GLE Invoice Finance Plans to Float on AIM

The Kent based factoring company, GLE Invoice Finance, is planning to float on the alternative investment market later in the…


First Digital Signature Contract for Asset Based Lending Introduced by…

1st PM Factors Bancorp (also known as Pmfactors.com) has announced the first fully digital set of contracts signed using a…


Bank of England Vote to Reduce Interest Rates

The Bank of England's Monetary Policy Committee today voted to reduce the Bank's repo rate by 0.25% to 5.75%. The…


CIT, Sinopac and C-ME to be Joined in Financing Pact

The US financing company, CIT, today announced the establishment with Taiwan’s Bank Sinopac and C-ME (Cyber Merchants Exchange) of a…


Asta Funding Reports 45% Increase in Net Income in First…

The financial services company, Asta Funding Inc., which specialises in factoring as well as the purchase, liquidation and management of…


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…


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