BCR Latest News

WFY’24: Mauritius factoring industry recorded a remarcable performance in 2023

Trade is a key determinant of economic growth, and trade transaction facilitation has given rise to conventional solutions such as…


Working capital tops the charts in 2024

The year 2024 was one that was defined by improvements in working capital efficiency. Mr. Ashutosh Taparia (pictured), COO &…


guarantee

BillMart and Eqaro partner to boost trade finance solutions in…

Indian SCF provider BillMart Fintech Private Limited (BillMart) and financial guarantees firm Eqaro Guarantees (Eqaro) have announced a strategic partnership…


EQT closes joint venture with BXCI

EQT Corporation (EQT) has announced the conclusion of midstream joint venture (JV) with an affiliate of Blackstone Credit & Insurance…


Credicorp Peru to purchase 100% value of investments in two…

Credicorp Ltd. (Credicorp), a leading financial services holding company in Peru with a presence in Chile, Colombia, Bolivia, and Panama,…


GreenFirst announces the extension of its ABL facility with Bank…

GreenFirst Forest Products Inc. (GreenFirst) has announced the extension of its asset-based lending (ABL) facility with Bank of Montreal. The…


Beltone announces additional capital increase of EGP 10.75bn

Beltone Holding (“Beltone” or the “Company”) announces that its Board of Directors has approved to proceed with all legal and…


SFNet posts Q3 ABL survey results

Data from the Secured Finance Network (SFNet) revealed generally mixed results in the asset-based lending market for the third quarter,…


Lendscape appoints Gareth Evans as Chief Revenue Officer

Gareth Evans joins Lendscape to scale revenue, build strategic partnerships, and enhance client value. Lendscape, a global leader in secured…


LSB review uncovers 102 areas for improvement in SME lending

A review by the Lending Standards Board (LSB) of its registered firms’ application of the Standards of Lending Practice for…


ICC UK launches roadmap to digitalise UK Trade

ICC United Kingdom, in partnership with the International Centre for Digital Trade and Innovation (iC4DTI), unveiled its highly anticipated report,…


EBRD supports Romanian retailer Profi in supply chain transition

The European Bank for Reconstruction and Development (EBRD) has partnered with Banca Transilvania to enhance the supply chain finance programme…


Bank of Ireland announces £4m investment in invoice finance

Bank of Ireland UK has made a major investment in technology to provide new and enhanced self-serve capabilities to its…


WFY’24: Indian factoring volume witnessed growth of 48% in 2023

“The only thing we can count on is uncertainty” – Albert Einstein (source Google). Ravi Valecha, CEO, India Factoring and…


EBRD launches portfolio risk-sharing product in Kosovo

The European Bank for Reconstruction and Development (EBRD) is signing the first portfolio risk-sharing facility with Raiffeisen Bank Kosovo. The…


Indian SCF provider Quid Cash raises US$4.5m new capital

Indian supply chain finance fintech QuiD Cash has raised US$4.5m (around INR 382.3m) in a Pre-Series A funding round. The…


BCR identifies global trends shaping UK Invoice Finance and ABL…

In 2024, the global invoice finance, asset based lending (ABL), and supply chain finance (SCF) sectors have undergone significant transformations,…


CIMB and PayNet partner to support automatic e-invoice generation for…

CIMB Bank Berhad (CIMB), in partnership with Payments Network Malaysia (PayNet), introduced Malaysia’s first payment terminal with automated e-invoice capability.…


‘Smaller businesses backed by the Start Up Loans programme have…

Smaller businesses backed by the government’s Start Up Loans programme have higher survival rates than other businesses, finds and independent…


Arbuthnot Commercial ABL provides £4.5m working capital to Dunmow

Arbuthnot Commercial ABL has delivered £4.5m growth funding package to Dunmow Skips Ltd (Dunmow). Dunmow is a leading waste management…


Norman Chambers joins Fiducia Commercial Network as Executive Relationship Director

Fiducia Commercial Network (Fiducia) is announcing Norman Chambers (pictured) as their new Executive Relationship Director. The Managing Director of the…


Rosenthal hires new senior BDO focused on West Coast

Rosenthal & Rosenthal, Inc. (Rosenthal), a leading private commercial finance firm in the United States, yesterday announced that Dan Chang…


Manx Financial comments on UK inflation rate and SMEs impact

Commenting on the rise in inflation and wage rate growth heaping further pressure on businesses, Douglas Grant, Group CEO of…


BizCap® secures growth financing for Safety Network

BizCap®, a commercial finance advisory firm established in 2002, announces it has structured and secured growth financing for Safety Network,…


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