BCR Latest News

Citigroup provides dedicated financial solutions for SMEs

Citigroup China launched its SME programme in 2004, one of the first SME-focused initiatives of its kind by a foreign…


Ironclad finalises new $3m working capital financing facility with Wells…

Ironclad Performance Wear Corporation, a leader in high-performance gloves and apparel, today announced that the Company has finalised a new…


Small Business Service to lose most of budget in Whitehall…

The government agency with a remit to foster the growth of small business in Britain is facing substantial cuts, it…


Unicredit to announce Pekao's new managing board

Italy's Unicredit will soon announce the make-up of the managing board of the Pekao bank after its merger with Bank…


EBRD loan to support micro enterprises

The European Bank for Reconstruction and Development (EBRD) is lending to Mikrokreditna Organizacija EKI, the third-largest non-bank micro finance institution…


Factoring is booming at Ultimate Finance

Factoring group Ultimate Finance has unveiled a huge rise in profits. The Bristol firm clocked up a pre-tax earnings of…


CBI forecasts better growth in 2006 – slowing next year…

The UK economy has continued to pick up in the second quarter of 2006, with surprisingly robust GDP growth of…


Bank Muscat supports SMEs through Al Wathbah programme lending solutions

BankMuscat has been supporting the small and medium scale enterprises (SMEs) in the Sultanate through Al Wathbah programme, which offers…


KFW to lend US$20m for Promsvyazbank SME financing programme

Germany's Kreditanstalt fur Wiederaufbau (KfW) has signed an agreement to lend Russia's Promsvyazbank US$20m over seven years to finance small-…


HSBC's Business Credit Facility for SMEs

In line with its objective of a focused and tailored approach to the specific needs of small- and medium-sized enterprises,…


Italy aims to become gateway for China to enter the…

Italian Prime Minister Romano Prodi said Italy welcomes more Chinese companies to develop trade ties with Italy, following on from…


Local banks provide SME financing schemes

The government has put in place a supportive and conducive environment for the development of local SMEs. In this regard, the…


New players help factoring market up to E1bn

ING Commercial Finance, the specialised factoring service division of the ING Group, will mainly target small entrepreneurs and focus on…


Close Invoice Financing launches IDeal for SME users

Close Invoice Financing, a subsidiary of Close Brothers Group, has launched a new invoice financing system it says can work…


Innovative funding for SMEs needs legislation

The regulatory framework, pending in draft stage for years, must be effected to protect service providers from recovery (more…)


Banco Nacion ups SME loans 93%

Argentina's largest bank, federally owned Banco Nacion, increased lending to SMEs 93% from December 2003 to June 2006, the bank…


Firm's expansion plan packs a punch with asset-based finance from…

A rapidly expanding Hereford packaging business is on target to take sales past half a million after securing a clutch…


Turnover for Italease Factorit up 32 per cent

The factoring unit of Banca Italease, the asset finance group, achieved a turnover of euro 7.6bn for the six months…


Fraud for the asset-based lender: An occupational hazard?

Fraud is without doubt the biggest threat to the ABL industry and its consequences are far reaching which is why…


Barclays Asset and Sales Finance announces new director appointments

Barclays Asset and Sales Finance has made a number of new appointments to bolster its presence across the UK. Specifically…


IF Group continues to grow

International Factors Group (IFG) reports that it is welcoming two new companies to the association (more…)


Equipment Leasing Association annual survey results indicate strong performance of…

The Equipment Leasing Association (ELA) today released the results of its 2006 Survey of Industry Activity (SIA) report which shows…


Factor attraction: How to appeal to an invoice financier

Steve Websdale at Venture Finance offers advice to business owners and directors on making their company attractive to factors and…


Platinum Funding Group provides US$70 m accounts receivable funding to…

Platinum Funding Group announced today that it has entered into a factoring arrangement with one of the leading general construction…


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