BCR Latest News

DTI Gives Small Businesses Stronger Voice in Government

New Small Business Champions boost services for small firms to ensure effective support for Britain's growing businesses Trade and Industry…


Accord Financial Declares Quarterly Dividend

Accord Financial Corp. announced yesterday that the Board of Directors of the Corporation declared a quarterly dividend of $0.035 per…


Factors and Discounters Association Appoints New Chief Executive Officer

Robin Clarke has been appointed CEO of the FDA, the body that serves the interest of factors, discounters and asset-based…


Tyco Capital to Draw US$8.5bn in Bank Credit

Tyco Capital, the financial services subsidiary of Tyco International Ltd, announced yesterday that it would draw from US$8.5bn in unsecured…


Asta Funding First Quarter Revenues Increase 103%

First Quarter Highlights: Revenues increased 103 percent Net Income increased 31 percent to $2.3 million EPS of $0.53 per diluted…


Tyco Capital to Return to CIT Brand

As part of its initiative to prepare for independence, Tyco Capital Corporation, the financial services subsidiary of Tyco International Ltd.,…


PMI Shows Services Sector Expands for First Time Since August…

Following four consecutive months of contraction, January;s survey recorded a modest expansion of activity within the UK private service sector…


WSA Secure Tyco Capital as a Client

William Stucky and Associates, Incorporated, the US-based provider of Internet services for the asset-based lending industry who market themselves as…


Factored Turnover Increased an Impressive 20% in 2001

Factoring turnover for Bulgaria in 2001 recorded an increase of about 20% and reached a volume of € 96,000,000. The…


Q4 Company Insolvencies Increased in 2001

Statistics showing insolvencies in the fourth quarter 2001 are published today (1 February) by the Department of Trade and Industry.…


FDA Launches 2002 Staff Forums

Series of forums to kick off with the rise and fall of Nick Leeson. The Factors and Discounters Association (FDA)…


FDA Launch Day Courses

FDA launches new day courses to improve skills and knowledge across the industry. The Factors and Discounters Association (FDA) has…


PMI Shows Easing of Manufacturing Contraction

The UK Purchasing Managers’ Index (PMI- a composite indicator designed to provide an overall view of the manufacturing economy) released…


Bibby Research Shows 2001 was a Turbulent Year for Small…

Within the next 12 months 64% of Britain's small business owners and managers are vowing to devote more time to…


City Invoice Opens For Business in West Midlands

Manchester-based factoring and invoice discounting company City Invoice Finance has established a base in Wolverhampton to cover the West Midlands…


Asta Funding to Announce Quarterly Results on 5 February

Asta Funding, Inc, a leading New Jersey consumer receivables asset management and liquidation company which also specialises in factoring commercial…


UK SMEs to Receive up to Ј235m Boost

Small businesses in search of venture capital were given a boost today when the first Regional Venture Capital Funds (RVCF)…


Moody’s Upgrades Hansapank to A2

Moody's Investors Service upgraded to A2 from Baa1 the senior unsecured debt ratings of AS Hansapank. The deposit ratings of…


Ј12m MBO for IT Firm Financed by Lloyds TSB Commercial…

The management team at Berkshire based Elcom Information Technology Limited is celebrating a successful management buy out [MBO] from Elcom…


Venture Finance Expands in Midlands

Birmingham office appoints area manager Venture Finance PLC, the invoice finance specialist, has boosted its business development team with the…


Bay View Capital Corporation Figures Release Q4 Figures

The diversified financial services company Bay View Capital Corporation has announced results for the fourth quarter of 2001. They included…


President Bush Signs Bill to Make the Factoring of Structured…

President Bush has signed into law a bill that provides tax relief to victims of Sept. 11 and includes protection…


Tyco Capital Reports Q4 Drop in Factoring Commissions

Tyco Capital Corporation (formerly the CIT Group, of which CIT Commercial Services, the USA’s largest factoring company in by factored…


KBK Capital Corporation Exceeds Goals for Factoring in 2001

KBK Capital Corporation, which provides financing for middle-market businesses, today reported its operating results for the quarter and year ended…


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