BCR Latest News

Factoring and discounting popular among SMEs

Small to Medium Enterprises (SMEs) have been warned to prepare for a business downturn as interest rates set to rise…


Public Recruitment sells locum doctor unit, repays invoice discounting facility

Public Recruitment Group PLC 's sale of its locum doctor division will reduce net debt and enhance working capital. It will also allow the repayment…


UC Factors expands to Texas

UC Factors opened its Huston office to provide factoring to cater to the funding needs of small and growing businesses…


IFC supports Techcombank to help small business

The International Finance Corporation s Mekong Private Sector Development Facility (IFC-MPDF) will work with the Vietnamese Technological and Commercial Joint…


New operations director at Bibby Financial Services

Bibby Financial Services, global provider of business and cash flow solutions is pleased to announce that it has promoted Ray…


Singapore encourages private sector to support SMEs

Singapore's private sector involvement in supporting SME growth is increasing. The Singapore government is trying to complement and catalyze SMEs development…


Ariba expands capabilities of Ariba Supplier Network

Ariba, Inc. announce the release of Ariba Supplier Network (TM) 44, with advanced discount management and RFX functionality that enables buyers…


Wells Fargo Century names Brister president and CEO

Wells Fargo Century, a subsidiary of Wells Fargo Foothill and part of Wells Fargo Company names Stuart Brister president and…


Bank Renaissance Capital reduces fraud with Experian Scorex Hunter II

Bank Renaissance Capital, one of the fastest growing consumer lending banks in Russia, has achieved a significant decrease in its…


SMEs not being made aware of vital DTI loan scheme

Almost two thirds of UK SMEs are unaware of a potential financial lifeline backed by the DTI - in the…


Coface warns on economic conditions in U.S., Baltic Region

Trade credit insurer Coface S.A. said it placed the United States and two Baltic states on its negative watch list,…


Advantages and disadvantages of factoring

The huge number of SMEs in the UK, combined with the general problem of raising finance for such concerns, has…


Trade credit insurer Euler Hermes launches Argentina unit

Trade credit insurer Euler Hermes S.A. launched a new Latin American subsidiary in Argentina, its third in a region the…


Factoring companies earnings up 5pc

Mexico's factoring companies recorded earnings of pesos 268m last year, up 5% on 2005. Factoring companies saw their loan portfolios…


Mapfre credit insurer shoots for 20pc premium growth in 2007

The Chilean credit insurance unit of Spain's Mapfre is looking to grow premiums 20% this year to some pesos 6.44bn…


Factoring definitions – revisiting the basics

The meaning of factoring has evolved over many years, as has the factoring service itself. It is now widely regarded…


Biggest fall in corporate insolvencies for four years – Experian

Corporate failures have fallen by 8.8 per cent during the first three months of 2007, with 430 fewer failures than…


SMEs hit by RBI policy

The Apex Chamber of Commerce and Industry today said the business of small and medium sector enterprises had been adversely…


Aston Rothbury licenses Surecomps allFAC

Equipped with extensive electronic data interchange (EDI) capabilities, allFAC offers a wide range of automated business-processing functionality. (more…)


Cattles Invoice Finance plans strategic acquisitions

Cattles Invoice Finance has made its ambitious growth plans clear by securing a financial commitment from parent company, Cattles PLC,…


Hennessey Capital provides USD1.15m in three transactions

Hennessey Capital announced the completion of the following financing agreements... (more…)


Progress-Garant Insurance Co's Fitch ratings affirmed and withdrawn

Fitch Ratings said it has affirmed Russian insurer Progress-Garant Insurance Co's ratings with a positive outlook. Simultaneously, Fitch said it…


Harder for SMEs to get loans now

Small and medium-scale enterprises (SMEs) are finding it harder to get financing from banks compared with 10 years ago, particularly…


Filipino SMEs most anxious over China 'threat'

Filipino small- and medium-scale enterprises (SMEs) are the most apprehensive in the region with respect to China, describing the emerging…


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