BCR Latest News

Alliance & Leicester breaks into trade finance

Alliance and Leicester Commercial Bank has entered the trade finance arena with the launch of an online Letter of Credit facility.…


Healthcare factor changes its stripes

CSI Business Finance, a specialist leasing and factoring provider to the US healthcare industry, has changed its company name (more…)


GMAC CF provides debt refinancing for CompAir

The European Structured Finance group at GMAC Commercial Finance (GMAC CF) has provided a global senior secured loan to support…


Nedbank Asset Based Finance steps up collections

Nedbank Limited, one of South Africa's Big Four banks, has selected a new collections system to enhance its collections environment (more…)


Bibby reveals Walters for Sunderland team

Bibby Financial Services has announced the appointment of Julie Walters as business development manager in (more…)


ING Commercial Finance confirms GM role

ING Commercial Finance (ING CF) Romania has confirmed factoring veteran Ryszard Lublinski as the business unit's new (more…)


Kookmin focuses on structured SME financing

To meet the capital needs of small firms, which often have short credit histories and insufficient financial data, banks need…


RCE Capital targets 20pc ROE for AMDB Factoring acquisition

RCE Capital yesterday received shareholders approval to acquire the entire paid-up capital of AMDB Factoring of 10 million shares worth…


Hennessey Capital Southeast closes gap when traditional lending is out…

"What we'll begin to see is banks starting to tighten credit standards in response to indications of market weakness, leaving…


New MD appointed at Experian-Scorex

Experian, the global information solutions company, today announced the appointment of (more…)


Euler Hermes reports turnover growth in Q3 2006

In the euro zone, the Euler Hermes turnover is up 3%, thanks to the strong business increase in France, Italy,…


Winning business in invoice finance – Using the web as…

In the next instalment of Winning business in invoice finance, Mark Mandula of United Capital Funding, examines the importance of the…


Working capital funder, UCF, says third quarter a record

United Capital Funding Corporation (UCF), the US working capital provider, says the level of funding volumes and client relationships for…


Demand for supply chain finance grows

Demand for supply chain finance (SCF) is getting stronger, according to anecdotal evidence from the past year. Companies within manufacturing,…


Close Invoice Finance and the quest to re-engineer its business…

This case study, provided by Demica, the working capital solutions provider, outlines attempts by the UK's Close Invoice Finance to…


Factoring Security Q3 profits up 21pc

Chilean financial group Grupo Security saw Q3 2006 profits rise 16% compared to the same period 2005, according to the…


Accord reports substantially higher third quarter

Accord Financial Corp. has announced its unaudited consolidated financial results for the three and nine months ended 30 September 2006…


American Capital commits USD50m to First Capital

First Capital was founded in 1988 and focuses primarily on providing traditional factoring and asset-based lending services. The company also…


Atradius warns UK firms in danger of bad debts in…

Booming economies may offer great opportunities for UK firms, but they can also cause costly headaches for companies chasing down…


More small businesses turning to alternative financing

A new report published by the Federal Reserve finds that increasing numbers of small businesses turned to non-bank financial institutions…


BRE Bank eyes Czech and Slovak markets

BRE Bank holds a 50% stake in factoring company Transfinance in the Czech Republic. In Hungary, it holds 50% of…


Coface forms venture with Russian insurer JSC Capital

French credit insurance and rating group Coface has formed a credit insurance joint venture with Russian insurance company JSC Capital,…


UK financiers break from tradition, move to invoice finance

The financial services sector is shunning traditional forms of funding in favour of alternatives such as invoice finance, according to…


Dresdner Factoring says receivables up 35 per cent

Dresdner Factoring says in the first nine months of 2006, the volume of receivables rose to (more…)


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