BCR Latest News

Half of SMEs need to get more value from their…

New research by KPMG has found that around half of SMEs are not extracting the value that they could from…


Southeastern Commercial Finance promotes Bittner to director

Southeastern Commercial Finance, LLC announced Danny Bittner has been promoted to director of Business Development for Alabama, the Florida Panhandle…


Micro headaches of Chinese economy

The Chinese economy is having both macro and micro headaches, most of which may deal heavy blows to the national…


PEIEs smart manufacturing initiatives explore finance

Businesses and financial institutions around the world are exploring ways to meet long and short-term funding needs for manufacturers. The…


RBI norms on factoring in the offing

The Reserve Bank of India (RBI) is planning to create a regulatory framework to monitor factoring business in the country.…


The Argument for financial-chain management

Advances in information logistics have driven huge advances in supply-chain management. It's time to apply those advances to the finance…


Bulgaria state-run mega bank to guarantee SME loans

The Bulgarian government has made big headway on an initiative for the creation of a state-run investment bank, which will…


PrimeRevenue improves SCF platform with new release

PrimeRevenue, Inc., provider of Supply Chain Finance (SCF) solutions, today announced the release of its next-generation PrimeRevenue SCF Platform ,…


Atradius' finds Belgian companies best global trading partners

Atradius Group, in cooperation with the Financial Times Germany, has released its second report in its ongoing evaluation of both…


Coface unit looking to more than double profits this year

The Brazilian unit of French credit insurer Coface expects to more than double profits this year compared to 2006, Coface…


GTF to take factoring to semi-urban centres

Global Trade Finance (GTF), the non-banking finance company set up to provide factoring services, whose Indian offices to date have…


Global Finance names Emirates Bank best in UAE trade finance

The Emirates Bank has been named the United Arab Emirates' (UAE) Best Trade Finance Provider 2007 by Global Finance magazine,…


China Eximbank to set up branch in Chongqing

The Export-Import Bank of China (Eximbank) has recently received official approval from China's Ministry of Finance to set up a…


EBRD supports trade finance in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is providing to KazInvestBank (KIB),US$10m under its Trade Facilitation Programme (TFP) to…


EU accession means factoring on the rise

According to the Slovak Factoring Association (ASF) 64 per cent of factoring companies clients are SMEs. EU accession, which is driving…


HSBC launches Receivables Xpress

HSBC has introduced a new receivables financing package designed to provide quicker access to funds for small- and medium-sized enterprises…


First Investors profits up USD500K

Quarterly profits were up more than 158% at Houston-based auto lender First Investors Financial Services Group Inc. last quarter, increasing…


Halkbank to grant loans to SMEs without complicated procedures

Halkbank, one of the largest public banks in Turkey, has prepared a package of easy loans for small and medium-sized…


Credit Europe Bank approaches SMEs through regional centres

Credit Europe Bank, the former Finansbank, intends to attract 6,000 clients this year on the segment of small and medium-sized…


CIT announces Wolfert resignation

CIT Group Inc., a leading global provider of commercial and consumer finance solutions, today announced that Frederick E. Rick Wolfert…


Landsbanki and Wachovia announce strategic ABL alliance

Today, Landsbanki Commercial Finance and Wachovia Capital Finance announced a strategic alliance enabling them to work closely on ABL transactions…


Yet another lender for Chinese SMEs

Citigroup Inc will step up efforts to court Chinese SMEs as its business in that sector generated triple-digit growth last…


Venture Finance backs GBP3.4m deal for Leicester metal fabricator

Central Metal Manufacturing Limited, formerly Midland Sheetmetal Limited, was bought as a going concern in a 3.4 million deal backed…


Brampton Crest International forms financing subsidiary White Peak Capital Group

Brampton Crest International, Inc. has formed White Peak Capital Group, Inc., a wholly-owned finance company that will focus on funding for the…


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