BCR Latest News

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…


AGF Seguros director moves to Euler Hermes

According to insurance federation Fenaseg, the southern regional director for AGF Seguros has left his position as a to become…


IGF appoints Head of Client Relations, South East

Independent Growth Finance (IGF), a leading independent provider of finance for businesses, has announced the appointment of (more…)


MPS Leasing & Factoring gross profit leaps in H1 2006

MPS Leasing Factoring can boast one of the best performances within the Monte dei Paschi di Siena group and keeps…


Euler Hermes announces new CEO Japan and election to Member…

The newly appointed CEO Japan joined German insurance company Euler Hermes Zrt in 1996 as a sales representative and was then…


Demica launches supplier finance tool

Demica, the working capital solutions group, has launched an automated supply chain finance tool (more…)


Lloyds TSB Commercial Finance appoints new regional director for London…

Lloyds TSB Commercial Finance (LTSBCF) has signalled its intent to further grow market share in London and the South following…


Euler to provide cover for joint Rosselkhozbank and AKA bank…

Insurance coverage for the joint projects will be provided by insurance agency Euler Hermes, whose representatives attended the agreement signing…


OCF to extend accounts receivable factoring services to the healthcare…

Ozarks Capital Funding has launched a factoring product for the healthcare industry (more…)


Foreign majors want a slice of growing factoring pie

Given the increasing demand for factoring services, foreign players such as Development Bank of Singapore (DBS) and GE Capital are…


HSBC lowers forward cover threshold to assist more SME exporters

The Hongkong and Shanghai Banking Corporation has lowered its internally fixed threshold for offering forward cover to $50,000 per consignment…


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