BCR Latest News

Cattles Invoice Finance refinancing deal for MBO

Accountancy firm Mazars has worked with the administrator and has advised the business on its refinancing deal with Birstall-based Cattles…


HSBC boosts SME cash flow with new invoice finance service

HSBC during the past week launched a new financing package targeted at Business customers, offering a comprehensive invoice finance service…


Exim Bank seeks new business with private equity and investment…

The Export-Import Bank of Thailand President Apichai Boontherawara said Exim Bank, like other financial institutions, needed to seek new business…


Bank BPH SA deploys Surecomp transaction approval module

Surecomp, a leading provider of global trade solutions for the financial services community, has announced that its NetIMEX TransAP Module…


CIT Lending provides debt financing for iPay Technologies' recapitalisation

 iPay was advised on the transaction by William Blair Company and debt financing was provided by CIT Lending Services (more…)


GECF provides multi-million cash flow facility

The corporate lending unit of GE Commercial Finance (GECF) is providing cash flow finance worth (more…)


SMEs owed almost billions in late payments

An ever-increasing number of small-to-medium-sized enterprises (SMEs) in the UK are experiencing problems with late payments according to BACS Payment…


Heritage Bank appoints factoring specialist as VP and Commercial Lender…

The president and CEO of Heritage Financial Corporation has announced that Heritage Bank has named as Vice President and Commercial…


Canara Bank aims for over 20% growth in SME portfolio

In line with the Union Finance Ministry's directive, Canara Bank on Tuesday said it aims to increase its exposure to…


Fraudwatch Bulletin – Carl Cushnie, Royal Ahold, Berlusconi

In this latest edition of Fraudwatch, Carl Cushie is forced to pay back millions in compensation to (more…)


UK businesses turn to syndicated deals

UK businesses are increasingly turning to syndicated deals involving invoice finance providers to maximise working capital available for growth (more…)


Sinosure launches risk report to assist companies going global

Sinosure, China's only insurer specialising in export and credit insurance, has launched a risk-analysis report covering 130 countries (more…)


Exim to approve half of RM1bn fund by Dec 2007

Export-Import Bank of Malaysia Bhd (Exim Bank) expects more than half of a RM1bn overseas project fund to be disbursed…


Eurofaktor signs contract with Pekao for bond issue

Eurofaktor plans to carry out a bond issue by the end of this year. Tomasz Tomaszewski, Eurofaktor's president (more…)


Davenham agrees lower-priced syndicated loan facilities

Davenham Group PLC said it has signed agreements for total loan facilities of (UK sterling) 300m with the help of…


GE Commercial Finance funds Pneumatic Lines MBO deal

Pneumatic Lines, a leading provider of electronic and pneumatic control systems in the Midlands and East Anglia has completed an…


Cash flow, ABL deals announced

Lloyds TSB Commercial Finance (LTSB CF) has announced cash flow transactions for a healthcare firm in Sheffield and a plastics…


New factoring software gets lift off

Fidis, the factoring software specialist, has revealed further details behind its latest product FACT. Pilot. According to Fidis (more…)


Sales ledger finance deal for software supplier

The management of an Oxfordshire-based software supplier has bought the business back from the company it was sold to six…


Vineyard ABL deal financed by Lloyds TSB CF

The Birmingham office of Lloyds TSB Commercial Finance (LTSB CF) has backed the funding of a wine-making business (more…)


Congress bolsters Ex-Im Bank small business efforts

The US Congress has approved changes to the US export credit agency to make it more focused on small businesses…


Abuja disburses N250m of micro business loans

The micro business unit of the Social Development Secretariat (SDS) of the Federal Capital Territory is in partnership with (more…)


SBP to launch Islamic micro finance bank

The State Bank of Pakistan (SBP) announced that it is going to allow setting up full-fledged Islamic micro-finance banks in…


ICBC to lend CNY 60bn to Beijing SMEs

The Industrial and Commercial Bank of China (ICBC) pledged to offer CNY 60bn in loans to 1,000 small- and medium-sized…


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