BCR Latest News

Yorkshire Bank boosts Financial Solutions Centre workforce

The Yorkshire Bank, part of the National Australia Bank Group, has experienced a boom in demand for the services of…


Transportation Alliance Bank offers invoice factoring

Transportation Alliance Bank Inc., an FDIC-insured bank targeted to professional drivers and trucking companies, is offering independent owner-operators the ability…


Bridge Finance Group appoints Managing Director, Chicago Office

Bridge Finance Group has announced the appointment of Managing Director in the company's Chicago office (more…)


Bancoldex new loans flat Jan-Sep

Colombia's state-owned export development bank Bancoldex issued pesos 1.64tn (US$696m) in new loans from January-September, virtually unchanged from (more…)


Bibby Financial Services appointments announced

Leading business cash flow provider, Bibby Financial Services, has announced three new appointments today (more…)


GE Commercial Finance signs its largest factoring deal

GE Commercial Finance has extended a five-year, non-recourse trade receivables factoring facility with a credit line KME Group S.p.A. GE…


Foreign financial institutions eye China's SMEs

Small and midsize enterprises (SMEs) in China now are ushering in a new transformation as many foreign banks scramble for…


Cash Now to acquire factoring company

Cash Now Corporation has announced that it has executed an agreement in principle to acquire a factoring company (more…)


Credit insurance market to grow to USD140m by 2010

The Indian credit insurance market, still at a nascent stage and estimated at just US$40m, is expected to gather momentum…


City National Bank appoints VP, Export Finance Group

City National Bank announced its vice president with the Export Finance Group in the International Banking Services division will be (more…)


GMAC closes USD15m factoring facility for Seay Style International

The commercial services division of GMAC Commercial Finance has closed a US$15m factoring facility for Seay Style International. The new…


Bank gets Sh270m for SMEs

Fina Bank has received euros 3m (Sh270m) from Netherlands Development Finance Company (FMO) to lend to customers running (more…)


Government urges subsidised loans, not grants, for SMEs

The government believes development subsidies for small- and medium-sized enterprises (SMEs) should come mainly in the form of preferential loans…


Five Arrows new product supplements ABL business

Five Arrows Commercial Finance has announced the arrival of a new cash flow loan product to supplement its burgeoning asset-based…


EFIC supports AUD626m of Australian exports in 2006

In the year to 30 June 2006, EFIC supported Australian exports and overseas investments of AU$626m.  EFIC provided finance and…


GMAC CF names Western Regional Manager, Commercial Services Division

GMAC Commercial Finance (GMAC CF) announced the appointment of executive vice president and Commercial Services Division (CSD) Western regional manager…


Atradius ends spectacular H1

The Hungarian arm of Atradius Credit Insurance N.V. has registered revenues in the first six months of the year of…


HSBC attains factoring and forfeiting licence

The Banking Regulation and Supervision Board (BDDK) granted permission for factoring and forfeiting transactions to HSBC Bank (more…)


SMEs spoilt for choice

Small businesses have historically found it difficult to raise funds, Steve Websdale, director of Venture Finance, looks at how invoice…


EDC invests in venture debt fund to benefit SME exporters

Export Development Canada (EDC) announced that it has invested CAD10m (US$8.78m) in the WF Fund III Limited Partnership, a CAD$125m…


Experian adds new data elements to National Business Database

Experian Group Ltd has announced the addition of more than 30 new data elements to its National Business Database (more…)


Small financial services companies to take advantage of accounting and…

The regulations will allow more companies to take advantage of accounting and auditing exemptions in the Companies Act 1985. The…


Bridge Finance names managing director, Chicago HQ

Bridge Finance Group (BFG) announced the appointment as managing director in its Chicago headquarters (more…)


City National Bank adds to its export finance capabilities

Los Angeles-based City National Bank has added two export finance products to help small- and mid-sized export companies in California.…


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