BCR Latest News

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…


Medical practices boost cash flow through factoring

Selling accounts receivable to access capital before payment is popular with many types of businesses, and it is gaining favour…


State insurer to provide won 88 tn in export insurance

South Korea's state export insurer announced it plans to provide won 88 tn (US$93.5 bn) of export insurance this year…


SME confidence improves slightly in Q4 2006

Sentiment among SMEs improved slightly in the fourth quarter of 2006, but was still low as businesses expect positive macroeconomic…


Vietnam 2006-2007: A stable political, economic environment means factoring outlook…

 The number of factoring licenses granted tripled during 2005, marking the beginning of the Vietnamese factoring industry. (more…)


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…


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