BCR Latest News

UK Finance: Gross lending to SMEs up in 2024

UK Finance today releases its latest Business Finance Review which reports on the finance needs of small and medium-sized enterprises…


WFY’24: ‘Factoring is Turkey’s second largest financial industry after banking’

The Turkish economy grew by 4.5 per cent in 2023, according to official figures. Filiz Ünal, Deputy Secretary General, Factoring,…


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Vayana secures NBFC licence, eyes US$20m funding for expansion

Indian-based supply chain finance firm Vayana has secured a non-banking finance company (NBFC) licence from the Reserve Bank of India…


Castlelake and Santander provides €125m ABL facility to GoByBike

Castlelake L.P. (Castlelake), a global alternative investment manager specialising in asset-based private credit, announced that it has provided a €125m…


First Bank appoints Donna Calderaro as market executive for ABL…

First Bank has announced the appointment of Donna Calderaro as the Market Executive for its Asset-Based Lending (ABL) division. In…


C2 Blockchain and CoinEdge partner to launch crypto lending platform

C2 Blockchain, Inc. a leader in blockchain innovation, has partnered with CoinEdge, a cryptocurrency financial services provider, to launch a…


M1xchange simplifies corporate onboarding with DIY digital registration

M1xchange, India's leading RBI-licensed TReDS platform, has seen a 150 per cent surge in corporate onboarding, driven by the government…


Mastercard partners with CredibleX to enable SMEs to access better…

Mastercard announced its collaboration with CredibleX to integrate its Small Business Credit Analytics (SBCA) platform into CredibleX’s integrated financing offering.…


UK SME access to finance call for evidence

Commenting on the Government’s publication of a call for evidence on SME access to finance, Emma Lovell (pictured), Lending Standards…


SLR Business Credit provides US$15m ABL facility logistic firm

SLR Business Credit announces the funding of a US$15m asset-based lending (ABL) revolving line to a transportation and logistics company.…


Metro Bank strengthens commercial lending in North-West

Metro Bank has appointed Paul Gaynor and Louise Molloy as Commercial Lending Directors within the North-West region. Paul Gaynor has…


Manx Financial comments on UK Government support for SME

Commenting on support for SMEs with access to defence contracts but adaptable lending strategies should be priority, Douglas Grant, Group…


BBVA Spark supports MytripleA with a €30m financing agreement

BBVA Spark signed a €30m financing agreement with MytripleA, the alternative financing platform with working capital solutions for businesses. The…


CIT Commercial Services provides US$45m factoring facility to logistics firm

First Citizens Bank announced that its CIT Commercial Services subsidiary provided a US$45m non-recourse factoring facility to a sponsor-owned, technology-driven…


EBRD joins with BII and Proparco to support trade in…

The European Bank for Reconstruction and Development (EBRD) is joining forces with the UK’s development finance institution, British International Investment…


Bank of Ireland pivots to Surecomp’s trade finance-as-a-service to fuel…

Surecomp today announced that Bank of Ireland, the country's leading financial institution, has chosen to deploy its DOKA-NG™ platform as…


ETR Digital and Calculum announce partnership for financial supply chain…

ETR Digital, a leading London-based technology firm specializing in unlocking working capital, and Calculum, a US-based pioneer in AI-powered financial…


NACFB Members fuel 70% of UK’s £38bn broker-led SME lending

The National Association of Commercial Finance Brokers (NACFB) has today released findings from its annual impact report, highlighting the indispensable…


Receivables finance at crossroads – Key insights from market evolution

The receivables finance industry has transformed significantly over the past 25 years. Once seen as a niche financial service, it…


IBK signs MOU with Commerzbank to boost SME growth in…

IBK Industrial Bank has signed a memorandum of understanding (MOU) with Commerzbank AG of Germany to strengthen support for small…


Bizcap joins AFG’s lending panel, expanding SME finance options

Bizcap has officially joined the Australian Finance Group’s (AFG) lending panel, enhancing the range of funding solutions available to brokers…


Government strengthens Canada’s AML framework

On Friday last week, the Government of Canada announced the upcoming implementation of new regulatory amendments to strengthen Canada’s Anti-Money…


Trade finance provider, Artis Finance, enters administration

Artis Finance Limited (Artis Finance) has become the latest non-bank trade finance company to enter administration. Founded in March 2020,…


ITFC and Mutual Trust Bank to boost trade finance in…

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, and Mutual Trust Bank…


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