BCR Latest News

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…


London gives a lift to Davenham

Expansion prospects at Davenham, specialist lender to small businesses, have been brightened by the early returns from its London office, which…


BB&T names Broome head of Commercial Finance unit

BB&T Corporation names senior loan administrator J. Tol Broome Jr. president of its commercial finance unit. BB&T created the unit in 2005 by combining its…


Citigroup combines loans divisions

Citigroup has combined its global loans, leveraged finance, asset based finance  and emerging market debt businesses after it restructures its fixed…


Another record for Venture Finance

Venture Finance announced record pre-tax group profits of £14m for 2006 – an increase of 23% on 2005. This growth…


Premier American names Daley SVP, factoring/ABL department

Premier American Bank has named Donovan Daley as senior vice president of the factoring and asset-based lending department. (more…)


UC Factors opens Houston office

UC Factors announced its expansion into Texas. The company also announced Iris Welch has joined UC Factors as business development…


Chilian CorpBanca gets listing with Nasdaq, Amex and NYSE

CorpBanca S.A. has been added to the NASDAQ, AMEX and NYSE. CorpBanca S.A. and its subsidiaries provide general commercial and consumer…


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