BCR Latest News

France 2006-2007: Supplier finance providers improve automation of supply chain

It was a year of double-digit growth for French factors in 2005 in terms of volume and number of clients.…


Australia 2006-2007: Discounting to outstrip factoring as regulation kicks in

The last ten years have witnessed a very strong expansion of factoring and discounting in Australia. With total turnover now…


Fidis extends factoring software with credit insurance, SEPA capability

Fidis factoring software FACT.pilot facilitates easy maintenance of credit limits and makes use of the ERP-standard software SAP R/3 as basis for…


Invoice finance outlook for the year ahead – Venture Finance

Tony Cox, managing director of premier independent invoice financier Venture Finance considers what's in store for the invoice finance industry…


Owner-managers guide to financing options

In an attempt to reduce the confusion around factoring and invoice discounting,  a specialist brokerage has issued a 44-page booklet…


SME Funding-Adviser Scheme launched

The SME Funding-Adviser Scheme has been launched by the Institute of Chartered Accountants in England and Wales with Government encouragement…


NLB Factoring increased turnover up 22pc

Turnover of NLB Factoring, a company focused on receivables financing, rose according to the preliminary results by 22% to (more…)


Dresdner Factoring signs Letter of Intent for the purchase of…

Dresdner Factoring AG has signed a non-binding letter of intent with the owner for the purchase of (more…)


Atradius appoints new Regional Director for NAFTA

 In his new position, he will be responsible for all Atradius business activities in the NAFTA operations throughout the US,…


CIT announces USD500m common stock repurchase programme

CIT Group Inc., announced that it has contracted with BNP Paribas to execute a US$500m common stock repurchase programme on an…


Euler Hermes acquires US debt-recovery group

 A Euler Hermes spokesman said the acquisition is aimed at building up the group's presence in this market in the…


Atradius opens Singapore office

Atradius Credit Insurance announced it has received its operating license in Singapore. The office will be led by (more…)


IIC to launch programme for SME finance in Central America

The Inter-American Investment Corporation (IIC) announced the launch in February of a programme for financing small- and medium-sized enterprises in Central…


EFE and Bank of Ireland join forces to fund Manchester…

Enterprise Finance Europe and Bank of Ireland provided a finance package, combining a full asset-based lending suite and commercial mortgage…


RBS Invoice Finance facility fuels Eddie Stobart growth plans

The new financial arrangements provided by RBS Invoice Finance will support Eddie Stobarts' continued growth plans and assists the company's…


Flexible funding helps businesses grow

Asset-based lending, invoice discounting and factoring are among the fastest-growing sources of business finance (more…)


Egypt 2006-2007: The opportunity to usurp banks proves great

It is the view of the small factoring industry here that factoring can offer a superior quality service to the local…


US 2006-2007: Roadmap for domestic factors points to Europe

For the first time in many years, there were no large acquisitions or divestitures of factoring companies in the United…


Retention tactics for the specialised finance firm: Maintaining professionalism

We would all agree, I believe, that by providing a service (such as providing Accounts Receivable management services to a…


Bank Millennium reports 44pc net profit growth in 2006

Today Bank Millennium released its preliminary results for 2006, in which the Management Board announced that the consolidated net profit…


Retention tactics for the specialised finance firm: Adventures in success

As we start the New Year, I think it is a good time to step back from the prior theme…


Longhurst, IGF CEO, resigns

Jeff Longhurst, CEO of Independent Growth Finance, has resigned his position with immediate effect and will join the UK unit…


Davenham manager switches to GECF

GE Commercial Finance's Business Finance division has appointed Patrick Madden as regional manager for the North (more…)


GMAC CF provides USD 5 million factoring facility to apparel…

The Commercial Services Division of GMAC Commercial Finance (GMAC CF) announced the closing of a US$5m working capital facility provided…


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