BCR Latest News

Continental business credit provides USD3m to Checkmate Cash Advance

Continental Business Credit, Inc., a factoring and asset-based lender, announced it has provided a USD3m revolving credit facility with a…


Skills shortage hurting Asia Pacific SMEs

The third annual UPS Asia Business Monitor found 50 per cent of Australian SMEs - businesses with less than 250…


IFC helps Vietnamese banks

The IFC's Mekong Private Sector Development Facility has launched a five-year project worth over USD6m to help Vietnam's commercial lenders provide better…


FCI release factoring industry turnover figures for 2006

Total factoring volumes increased in 2006 by almost 12%. The world total stands now at EUR1,134,288 million. The factoring industry thus…


GE Commercial Finance sells its Chilean assets

Rabobank will buy 100% of HNS' shares from its owners, General Electric's GE Commercial Finance and the local Ergas family, the…


RM73m for SMEs

Some RM73m or 8.8 per cent of the financial aid scheme offered by the Small and Medium Industry Development Corporation…


Factoring and foreign activities promote GrenkeLeasing growth

GrenkeLeasing, the German leasing company, has reported a rise of 7 per cent in the volume of new business in…


BB aligns with export credit insurer

Brazilian exporters can use export credit policies from local export credit insurer Secreb as guarantees for post-embarkation export financing from…


Transfactor appoints head of factoring

Martin Schaner (34) became a director of Transfactor's factoring portfolio administration department. Mr. Schaner started its career as cash manager…


Chemical Financial Corp new receivables product finds niche

Midland-based Chemical Financial Corp. banks are aiming at commercial accounts with a geographically-exclusive receivables programme (more…)


New legislation influences insolvency rate – Euler Hermes Servis

Euler Hermes Servis, s.r.o., part of the Euler Hermes Group, reports that the insolvency situation in Slovakia was radically changed…


Cash Flow Factoring plans bond issue

This month the company will present its strategy for the next three years along with financial forecasts (more…)


IIC seeks to up lending to Latin American SMEs by…

The Inter-American Investment Corporation is looking to up lending to Latin American SMEs by 20-25pc this year (more…)


GE Commercial Finance – Corporate Lending provides US$75m credit facility…

GE Commercial Finance - Corporate Lending announced it has provided a US$75m asset-based credit facility to a national specialty consumer…


GMAC CF appoints Mobley to Southwest team

GMAC Commercial Finance Plc has strengthened its Invoice Finance sales team with the appointment of Gary Mobley. Gary is responsible…


Fraudwatch: fraud costs GBP13.9bn pa

Fraud costs the UK £13.9bn a year according to a recent survey by the Association of Chief Police Officers - The…


Finland 2006-2007 – factoring market expansion potential due to IFRS

IFRS has forced larger companies to shift receivables off their balance sheet, and SMEs are eager to outsource  management of…


P&A Receivable Services, IT Europa and Experian form UCFF

P&A Receivable Services, IT Europa and Experian Ltd have announced the formation of the Unified Communications Finance Forum (UCFF) to…


Brussels' appetite growing for EU-wide tax base

The European Commission is set to press ahead with introducing a single EU company tax base by 2010 in only…


Technology, data, scoring and fraud protection – Experian

Bank2Business combines Experian's small-business scores and information with Baker Hill's small-business lending platform. (more…)


Progress made in risk management, more to be done –…

Risk management in financial institutions: more investment and management attention is needed, according to the fifth edition of Deloittes global risk…


Export credit insurance – a buyers market

 These days, eleven companies are competing to sell protection against the risk of non-payment by foreign customers. That has brought…


Payables financing: receivables purchasing in disguise?

Payables financing is now threatening to transform how cash and commercial credit transactions are moved and processed in business-to-business financial…


Jeff Longhurst on Eurofactor, trends in Europe and outlook for…

Jeff Longhurst, MD of Eurofactor UK offers his thoughts on Eurofactor, trends in Europe, the outlook for fraud and regulation,…


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