BCR Latest News

BPLG/AFP French Feb small business sentiment indicator rises to 37…

An indicator of French business sentiment strengthened to 37 in February from 29 in January, according to a survey of…


Agromercantil sees SME lending at USD68m this year

Guatemala's fourth largest bank Banco Agromercantil aims to provide quetzales 500m (US$67.7m) in new loans to SMEs this year, CEO…


MFB and Commerzbank lose Ft100 m

Hungarian Development Bank (MFB) and Commerzbank have no choice but to enter a Ft100 m loss in their books, an…


Greenfield Commercial Credit provides factoring account for MBO

Greenfield Commercial Credit has provided a factoring account to a toll authority staffing contractor with $3.1m annual volume for a…


Late payments put SME resellers at risk of collapse

Figures reveal that smaller IT firms are waiting twice as long to be paid compared with previous years SME resellers…


Banks reject SME lending rule changes

Banks are opposing the passage of a proposed law that seeks to shore up the mandatory allocation of funds to…


Innovation Center helps close cash flow gaps

The Northeast Indiana Innovation Center is about to enter the venture-capital business. Like several other business incubators in Indiana and…


Margaret Hodge announces Companies Act Implementation timetable

The Companies Act 2006 will be in place by October 2008. It introduces sweeping changes to simplify and improve company…


Capital Business Credit names Younts Exec VP of North Carolina…

Capital Business Credit has named Jerry Younts executive vice president and regional manager of its North Carolina office. Younts, whose…


Equifax launches new range of business reports

As business failures rise, Equifax launches a range of new business reports that take the mystery out of dealing with…


RM140m fund to help SMEs expand businesses

SME Growth Acceleration Fund Sdn Bhd (SGAF), a special purpose venture capital company set up to assist small- and medium-sized…


GMAC Commercial Finance sells equipment finance portfolio to Prudential capital…

GMAC Commercial Finance LLC (GMAC CF), a wholly-owned subsidiary of GMAC Financial Services, announced today that it completed the cash…


Hungary factoring market grows quickly, but still lags behind

Turnover on Hungary's factoring market rose almost 45 per cent to HUF 700bn in 2007. However, less than 1per cent of…


Hitelgarancia new contract value rises to HUF 228.5bn in 2006

Hitelgarancia, a state-owned credit guarantor, signed more than 24,000 contracts guaranteeing borrowing worth a combined HUF 228.5bn in 2006, up…


Bergamo secures financing from Greenbridge

Bergamo Acquisition Corp. and Greenbridge Capital today received the bridge loan portion of a comprehensive financing arrangement. The deal structure includes…


Chinese listed SMEs report rising profit

China's listed small-and medium-sized enterprises (SMEs) have reported robust profits, according to business reports published on Wednesday. The 116 SMEs…


BRD factoring operations, up over 150 pc

BRD Societe Generale last year registered turnover from factoring operations of approx EUR328m, 152 per cent up on 2005, the (more…)


Former Pepsi and Apple boss moves into EUR18 trillion receivables…

John Sculley, who was made famous by his development of the ‘Pepsi Challenge’ in the 70s and has been involved…


Platinum Funding Group announces 2006 results

Platinum Funding Group announced more than $200 million in new deals in 2006. The contract volume is a record for…


GE Corporate Lending USD71m facility for Quantum Foods

GE Commercial Finance Corporate Lending today announced it has provided a $71 million asset-based credit facility to Quantum Foods LLC,…


New report from Atradius highlights risks on the high street

Leading credit risk insurer Atradius today launches the latest report in its sector performance series, this time on the UK…


Global Finance Magazine names Emirates Bank as the Best Trade…

The prestigious award will be presented at this year's Annual meeting of the IMF World Bank being held at Washington.…


FDA annual Awards Dinner

This year's Factors and Discounters Association UK and Ireland (FDA) Educational Foundation Awards Dinner was held on Thursday 22nd February…


LTSBCF appoints Harrison to head up NY office

Lloyds TSB Commercial Finance has appointed Jeremy Harrison to head its New York office. Jeremy takes over from Paul Herrington…


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