BCR Latest News

Canada 2006-2007: Contraction in factored volumes poses fresh concern

The Canadian factoring industry recorded a reduction in volume in 2005 - the first time this has happened since 1999.…


Bad debt dissolves good business

Survey findings reveal accountants view poor management and bad debt as major causes of insolvencies. Bad debt and the inability…


Caja Navarra launches new SME revolver loan

This line of credit can be used for various contingencies related to local and international business operations and, in the…


Experian acquires Economic Research Services

ERS will form part of Experian‘s Business Strategies division, which is now one of Europe s leading global economic forecasting…


Factor uncovers new fraud following random check

Fraud has reared its ugly head again in the factoring industry. Following a routine check of client credit information by…


Bibby Financial Services acquires invoice financier

Bibby Financial Services, a global provider of business finance solutions, has further expanded its operations with the acquisition of Account…


Banks undermine valuable loan scheme – Venture Finance

As official figures show a sharp decline in Small Firms Loan Guarantee (SFLG) applications, Steve Websdale, director of Venture Finance,…


Experian-Scorex credit scoring training to develop lending to Chinese SMEs

Experian-Scorex has been engaged by Lloyds TSB Bank to deliver small business credit scoring training at a workshop at the…


Corporate default rates hit all-time low

The global corporate default rate for speculative-grade and investment-grade rated entities remained near all-time lows, according a study published by…


Dresdner Factoring presents record figures

Dresdner Factoring, which went public last year, has revealed that it closed 2006 with record figures. Turnover from factoring services…


Fund launched to help SMEs to start exporting

The firm is focusing on the over 4,700 SMEs which have started to export their goods and services through the…


Coface gains recognition for NVQ training scheme

Coface received the prize owing to its commitment to the National Vocational Qualification (NVQ) programme offered in partnership with JHP…


Experian launches mobile access to commercial credit database

Experian Group has launched a mobile application that that offers instant access to commercial credit information. Powered by Experian's commercial…


Cattles Invoice Finance helps interactive voice messaging firm grow

The new investment will allow the company to develop its operations in the fast growing market for interactive voice messaging…


Traders need cash flow finance to reduce bad debt exposure

The lack of an effective payment settlement system is causing a massive pile up of bad debt in the market, forcing…


FDA head of education to drive training initiatives

Alex Waterman has recently joined the FDA as the new head of education. Waterman will focus on (more…)


Prime Revenue appoints key director

Supply chain finance provider Prime Revenue has appointed a new director to its board (more…)


Export credit insurance industry grows rapidly

The export credit insurance industry has witnessed rapid growth during this decade, said Abdul Rahman Taha, general manager of ICIEC.…


Platinum Funding Group completes two-year LC and accounts receivable finance…

Platinum Funding Group announced today it has completed a two-year deal to provide letter of credit and accounts receivable financing…


Sydleasing reports 110 pc rise in pre-tax profit

 Effective 1 January 2007 Sydleasing and Sydbank will merge with the aim of reaping administrative and management related benefits (more…)


Demica says supply chain finance collaboration set to improve cash…

 New research by Demica has shown that European companies and their banks are starting to collaborate on using new supply…


Late payment to SMEs worsens as factoring gets ignored

A study has found that late payment to UK smaller firms has worsened across 2004, 2005 and 2006, whereas medium-sized…


SMEs to benefit from Paris III donor conference

The windfall from the Paris III donor conference means Lebanon's small- and medium-size enterprises (SMEs) can look forward to (more…)


Multi-million dollar lawsuit against auditor of factor begins

A $170-million malpractice suit against BDO Seidman kicked off in a Miami court last week. The lawsuit, brought by Portuguese…


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