BCR Latest News

Factoring favours Fortis in Q3

Fortis, the financial services provider, says growth in its commercial banking unit has been buoyed by speciality finances like factoring…


Korea's fledgling credit bureaus promise to change lending practices

A senior official at Korea Enterprise Data says the credit bureau industry is a key instrument in facilitating access to finance…


JBIC to offer exim bonds with Asian export funders

The Japan Bank for International Cooperation (JBIC) will jointly offer 'exim bonds' with Asian export-import banks as early as (more…)


Small firms claim late payment legislation is unusable

More than 90 per cent of small firms are failing to use their legal right to charge interest on late…


Factoring deal for US footwear firm

US footwear maker Skins Inc has partnered with First Capital, a factoring and asset-based lending provider, to manage its (more…)


Steve Websdale of Venture Finance on ABL, invoice finance, and…

Steve Websdale of invoice financier Venture Finance explains how to keep up with latest finance trends. At one time, the…


Mongolian banks receive SME loan boost from Japan

The Ministry of Finance announced Monday that an earlier discussed project where by a Japanese bank would support Mongolian banks…


Unsecured working capital finance launched

An SME finance provider has launched a cash flow product it says will allow companies to grow by releasing capital normally…


The switch to invoice finance continues, says SA chief

Increasing rates and delays in decision-making and red tape by banks have resulted in hundreds of SMEs seeking alternative ways…


CBK signs credit line agreement

Within the endeavours to promote the trade exchange and drive development process among Arab countries, a credit line agreement has…


DIP factoring facility staves off Chapter 11

Platinum Funding Group announced it has completed a two-year Debtor-In-Possession (DIP) factoring facility for over (more…)


Cattles Invoice Finance expands

Cattles Invoice Finance is continuing its Midlands expansion with the development of its senior management team (more…)


Full factoring deal for blind maker

Opal Contracts UK, a blind manufacturer based in Birmingham, has secured a funding line from Cattles Invoice Finance it says…


US factor names new business chief

Greystone Commerical Services has announced that Randy Haney has joined the company as a business development officer (more…)


The Export-Import Bank of Thailand cautions clients against buyer defaults

The Export-Import Bank of Thailand (Exim) has warned exporters to be careful of possible defaults by customers in major markets…


Winning business in invoice finance – Marketing your services online

Mark Mandula outlines how best to effectively market professional services on the Internet, from the perspective of an invoice finance provider…


Fraudwatch Bulletin – BAE Systems, Enron

In November's edition of Mishcon Fraud Watch, BAE Systems, Enron and (more…)


Using factoring to fund business development

Factoring has been a well-accepted way to raise working capital for hundreds of years, but Virginia-based Celera Financial has developed…


Active refinancing market helps slowdown in corporate insolvencies

The falling number of corporate insolvencies across the UK is no surprise and a trend that is set to continue…


Parmalat boss in the dock about Emilia Romagna Factoring

Calisto Tanzi, the former head of Parmalat, will have to answer questions about defrauding a Bolognaise factoring company of euros…


Exim Banks of India, Hungary sign credit pact

Exim Bank of India and Exim Bank of Hungary have signed reciprocal Lines of Credit of USD10m each to support…


SME business confidence index improved in October

The business confidence index for small- and medium-sized enterprises (SMEs) was 40.4%, up by 4 percentage points in October (more…)


Interview with Jana Nemeckova, chairwoman of Transfinance Factoring company

Jana Nemeckova became a chairwoman of the board of leading factoring company Transfinance a few weeks ago. In an interview…


US African Development Foundation to boost SMEs with US$1.5m

The United States African Development Foundation (USADF) has earmarked US$1.5m (about Shs2.7 bn) for the development of (more…)


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