BCR Latest News

Bouyant market demand increases SME activity

UK small and medium-sized enterprises continued to perform strongly in the first quarter of 2007 with the rate of growth…


SMEs urged to plan for cash flow shortages

SMEs are urged to start planning and protect their cash flows in the wake of a slowdown in the economy.…


CIT to acquire CITI's U.S. Business Technology Finance unit

CIT Group Inc. , a leading global provider of commercial and consumer finance solutions, announced today that it has signed…


Coface Deutschland sees turnover and profit up for 2006

Coface Deutschland, the German subsidiary of French credit insurer Coface, increased post-tax profit from €1.6m to €14.4m last year, while…


GE CF – Corporate Lending USD365m credit facility for WESCO…

GE Commercial Finance - Corporate Lending announced it has provided a US$365m asset-based credit facility to WESCO Distribution, Inc., a…


Switzerland 2006-2007 – rising insolvencies prompting corporates to protect receivables

Factoring market growth continues as factoring is considered the most logical form of financing for receivables and sales. Rising insolvencies…


Blacklist matching as new challenge for the factoring industry

The consideration and fulfilment of compliance rules and regulations are a new challenge for the factoring industry. Given the challenges…


SWIFT awards Misys prestigious label for SWIFTNet TSU solution

Misys has been named the first trade services solutions provider to win the SWIFTReady Trade Services Utility (TSU) label. The…


EU and US agree pact on transatlantic market

The EU and the US have agreed details of an economic pact to be signed off at a bilateral summit…


Mechanics of factoring revisited

In this series of articles we revisit the mechanics of factoring. This includes the nature of the contract between the…


What corporates need to know about using SWIFT

by Fabien Jaquot, President, Bottomline France This is the first part of a two-part article about SWIFT and the implications of…


Atradius N.V. reports record 2006 earnings

Atradius N.V., a global player in credit insurance and collections, today reported a 27.9% increase in net profit from continuing operations…


Euler Hermes to enter Colombia by year-end, looking at Chile

German credit insurer Euler Hermes, a unit of insurer Allianz is looking to begin operations in Colombia by year-end while also…


IDB approves US$1bn loan for BNDES

The Inter-American Development Bank (IDB) has approved a US$1bn loan to Brazil's national development bank BNDES to provide financing for…


Baker Hill – commercial and small business loan origination with…

Baker Hill  today announced that it has leveraged its business lending history and its origination platform, Bank2Business, to provide financial…


CEF to increase loans to SMEs 52% this year

Brazilian federal savings bank Caixa Econômica Federal (CEF) will increase loans to small- and medium-sized enterprises (SMEs) by 51.9% this…


IGF Director Mark O’Neil moves on

IGF has announced the departure of Mark O'Neil as Managing Director of Asset Finance and director of the IGF Group.…


The importance of cash flow

With business owners and managers being faced with more specialist offerings than ever before by an increasingly diverse range of…


EU demolishes financial walls in single market

The EU is one step closer to a single European payment area after the European Parliament backed plans for new…


Czech factoring market up at Kc28.1bn in Jan to March

The Czech factoring market grew by nearly Kc7bn or a third on the year to Kc28.1bn in the first three…


Stake in KЪP to be sold

The Czech state will sell 66 percent in insurer Komercní úverová pojištovna EGAP (KÚP) to a consortium of Belgian state-owned…


IFS Capital to offer more factoring services

IFS CAPITAL (Malaysia) Sdn Bhd, which provides factoring and hire purchase loans, plans to increase its staff strength and offer…


Government to stimulate growth of SMEs

THE country's SME sector needs to network so that they can break into the international market. Minister of enterprise and employment…


Alabama Gas automates procurement with Open Text's Livelink ECM

Open Text Corporation announce that Alabama Gas has automated its Procure-to-Pay process using Open Text's Livelink ECM(TM) software for use with…


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