BCR Latest News

Intrum Justitia expects revenue of HUF 1.5bn

Intrum Justitia plans to close 2006 with revenue of more than HUF 1.5bn, the company announced. Intrum Justitia managing director…


Bibby celebrates 200th anniversary, offers zero transfer fees

In 2007, the Bibby Line Group is celebrating its 200th anniversary. In recognition of this milestone, Bibby Transportation Finance announced…


Commercial Finance Group names Business Development Officer

Commercial Finance Group, provider of working capital financing for small- to medium-sized companies (SMEs), has announced the appointment of  its new business…


IGF appoints Ruth Salhus as Client Manager for the South

Ruth joins IGF from the South African factoring and invoice discounting market, where she has spent 23 years in a…


Landsbanki Commercial Finance assists with recommended offer for Austin Reed…

A bridging loan provided by the asset-based lender Landsbanki Commercial Finance is enabling the public offer for the Austin Reed Group…


SME Bank plans to increase loan target in 2007

Small- and medium-sized enterprises (SME) Bank hopes to increase the size of its approved loans to RM2.8bn next year from…


New Bank of Kosovo accesses loan to finance MSMEs

Entrepreneurs across Kosovo will have more access to finance to build new or expand existing businesses with the support of…


EBRD guarantees USD1m SMEs finance

The European Bank for Reconstruction and Development is providing Bai Tushum, one of the leading microfinance institutions in the Kyrgyz Republic,…


Why SMEs are attracted to trade finance

Consider this. In 2005, the UK imported about UKP270bn of products. These are invariably manufactured goods, but how are these…


Now is the right time to join the FDA –…

Davenham Trade Finance has joined the Factors Discounters Association (FDA), a move described as timely by its (more…)


Factoring growth will come from SME demand, says Lublinski –…

Romania's factoring industry holds significant growth potential as we enter the final weeks of 2006, according to Ryszard Lublinski, general…


Muscat Finance posts RO1.83m profit

Muscat Finance Co. Ltd, the pioneer in debt factoring, leasing and hire purchase services in the Sultanate, has reported a…


GMAC Commercial Finance PLC appoints Business Development Manager

GMAC Commercial Finance Plc (GMAC CF) has strengthened its sales team with the appointment of (more…)


Siemens Receivables Finance reports strong demand for new block discounting…

Only three months since the business was launched, 24 finance companies now have credit lines in place with Siemens, including…


OTP Group to set up factoring and leasing operations in…

OTP Group plans to set up a new financial group in Ukraine in 2007 that will include factoring, leasing and…


Hitelgarancia reaches annual goals

State loan guarantee agency Hitelgarancia Zrt has met its full year guarantee taking target. Guarantees were issued in total value…


MPS Leasing & Factoring announces new director general

The board of directors of MPS Leasing Factoring made the decision on Friday (more…)


Coface Receivables Finance provides credit line for cash flow finance…

From a small office outside Cardiff a former electrical engineer is hoping to transform the way in which small businesses…


Dramatic increase in late payments – survey

Problems with late payments have increased sharply in the past 12 months, according to a survey by BACS, the electronic…


Company winding up and bankruptcy petition court statistics for Q3…

The Department for Constitutional Affairs (DCA) today published statistics for company winding up and creditors' and debtors' bankruptcy petitions issued…


Truck firms speed up cash flow

The finance services arm of Textron Financial, the US funding group, has released Receivables Process Management, designed to help trucking…


CIT ups the ante with key commercial finance appointment

CIT Canada, a division of CIT Group, has announced the appointments of Mark Hart as chief sales officer and senior…


UK interest rates increased to 5%

The Bank of England has increased UK interest rates to a five-year high because of inflation concerns. Its one quarter of…


GE Commercial Finance launches Outlook for Growth Report, SME study

In spite of the recent interest rate rises and fuel increases, small and mid market firms in England still have…


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