BCR Latest News

HFN launches new asset-based lending benchmark

HFN has launched a new benchmark for ABL hedge funds, which provide loans to companies that otherwise might not be able to obtain…


Eurokommerz Factoring Company holds 22% of the market

Eurokommerz is Russia's leading factor by volume of transferred receivables, taking around 22% of the market according to 2006's ranking.…


Bulgarian factoring market to grow 40% annually

The factoring market in Central and Eastern Europe is growing 20% to 40% per year. (more…)


Dresdner Factoring reorganization complete

The factoring company, which specializes in SME finance said expected cost reductions will be effective as of May 2007. (more…)


IFC considers 20% stake in Factorline

IFC is considering a 20% stake in Chilean factoring firm Factorline through an equity investment of up to US$12m .…


Yapi Kredi Faktoring gets US60m loan

International markets provided a US$60m loan for Yapi Kredi Faktoring which will be used toward domestic factoring transactions. (more…)


Standard Chartered bank to extend credits to SMEs

Standard Chartered Bank will soon extend credits for the development of SMEs and help to familarize the public with the…


Creative Commercial Finance expands into corporate insurance market

The addition of Creative Risk Solutions follows the Cardiff-based CCF group's expansion in 2006 into asset and invoice finance services, foreign exchange…


Experian and eCredit launch a new credit decisioning tool

Experian has teamed with eCredit to launch an end-to-end new account and portfolio management credit decisioning tool. (more…)


CSOB Factoring marks a decade and a half

Business finance firm CSOB Factoring celebrated its 15th anniversary in the market on May 31. (more…)


Accountants give SMEs best advice

The areas of business finance SMEs most expect accountants to be able to advise upon is invoice finance (68 per…


European Telecom administration – invoice discounter at head of the…

European Telecom's administrators have closed the doors at the distributor, making 80 people redundant.Administrator Lloyd Biscoe of insolvency firm Begbies…


ICM wants radical overhaul of legal treatment of trade creditors

Businesses are being seriously let down by the civil court system and penalised by escalating costs and unprecedented delays, prompting…


Best practice in financial supply chain automation: security, efficiency and…

This series of articles provides a step-by-step guide to best practice for improving efficiency in the Financial Supply Chain. This…


Vertical Branding announces $5 Million asset-based line of credit

Vertical Branding, Inc. has closed an ABL arrangement with BFI Finance. This afford $5 million of borrowing capacity subject to…


Greater financial transparency required for SMEs in Asia

Greater transparency and more independent financial information about SMEs would encourage a more efficient financing market for Asia's smaller companies…


Construction industry factoring boom

As Slovakia goes through a building boom, so construction companies inevitably have to change the way they finance themselves. Factoring is one…


Credit inflow to MSME sector up 24 %

Credit inflow to the micro, small- and medium-sized enterprises (MSME) sector from institutional lenders has increased by 24 per cent…


Bankruptcy wave in the construction industry

The Hungarian construction industry is facing a steep downturn after the large boom of 2001-2005 created by the government  housing…


Ampa Capital, Leumi Card launch small business card

The program will provide additional credit for companies with annual sales of up to NIS 30m. Ampa capital Ltd. and…


Russia's URSA Bank raises US$63m loan for trade financing

Russia's URSA Bank had raised a US$63m syndicated loan with a 12-month maturity. (more…)


Order-to-Cash: the big payback for faster payments

June Dean, managing director of document processing specialist ITESOFT, shows how to free the jams in the order-to-cash cycle. (more…)


FNB donates N$440 000 to SMEs

First National Bank donated N$440 000 to a local small- and medium-sized enterprise development organisation, SMEs Compete. (more…)


Fitch rates HNS Banco bonds at AAA

Fitch has assigned an AAA rating to the 10-year, peso55.6bn (US$105m) bonds issued by Chile's HNS Banco, 47% of whose loan…


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