BCR Latest News

AEX launches credit card factoring guide

AEX Commercial Financing Group, LLC today announced that it has published The Credit Card Receivables Guide to assist business owners…


IFG increases membership

The International Factors Group (IFG) has announced three additions to its membership (more…)


HPD recruits Benschop from International Factors Group

HPD Software (HPD) has appointed Sjoerd Benschop as business consultant for Aquarius, its asset finance and lending software. Benschop joins…


Dresdner Factoring to open four units by Q1 2007

Dresdner Factoring says it will open four new agencies in Frankfurt, Hamburg, Hanover and Munich by first quarter 2007 (more…)


Suppliers hit by slow paying energy firms

The average time it takes for energy firms to pay their suppliers is 37 days, according to research from ICC…


Microcredit Bank's credit investments grow by 60bn soums in 1H

As of 1 July, Microcredit Bank's credit investments grew by 60bn soums to 93.66bn soums. Of this, 15m soums fall…


Winning business in invoice finance – The survey process

Mark Mandula offers his guidance from the viewpoint of an experienced business finance professional based in the US. Winning business…


State insurer aims to bring smiles to exporters

Korea needs to be open to change and exploring new territory to survive in the global marketplace, said the head…


Banks eye small scale sector for business

For some time now, India's small- and medium-sized enterprise (SME) sector was facing a mid life crisis due to lack…


Staffing the UK invoice finance industry: The view from the…

Recruitment within the UK invoice finance industry has remained a topic of much debate over the years. The industry itself…


Small firms constrained by lack of access to finance

Access to finance remained a problem for Botswanan small- and medium-sized enterprises (SMEs) and cash remained these enterprises' preferred means…


Credit, factoring, trade finance in demand despite rate change

The South African Reserve Bank (SARB) says Private sector credit extension (PSCE), including factoring advances, accelerated from the previous month despite…


GE CF appoints new European CFO

GE Commercial Finance, Corporate Financial Services Europe, the provider of factoring and asset based lending to European businesses, has named…


Cattles poaches audit chief from Bank of Scotland

Cattles Invoice Finance has appointed a national head of audit. Tony Haslam joins Cattles from the Bank of Scotland where…


Regional sales manager for Cattles Invoice Finance

Cattles Invoice Finance has strengthened its presence in the North East with the appointment of Helen Scollick as regional sales…


CIT names finance chief for media sector

CIT Group has appointed Gretchen Gordon director of its Communications, Media and Entertainment Group. (more…)


Banco Internacional to boost SME lending, plans entry to factoring…

 Local factoring association Achef has said the market expects to boost annual business volume 25% this year to some US$5bn…


Factoring growth exceeds expectations

Market share has changed substantially and the leader is again way ahead of the competition. The whole market rose and…


GroFin's US$25m boost for SMEs

Small- and medium-sized enterprises (SMEs) in East Africa are set to have more funds at their disposal following an increase…


Central bank raises base rate

The Monetary Council of the National Bank of Hungary (MNB) raised the base rate by (more…)


Atradius report reveals best, and worst, European business payment practices

Atradius Group, one of the world's leading trade credit insurers, has released a new report on the payment practices of…


Bibby launches factoring services for US trucking industry

A business unit dedicated to providing factoring services to the US trucking industry has been launched by Bibby Financial Services,…


Eastern Wire issues suit against Siam General Factoring over debts…

Eastern Wire Plc (EWC) has taken legal action against Siam General Factoring Plc (SGF) on allegations of loan default involving…


Humphreys assigns ratings to Factorline commercial bills

The rating was based on market growth expectations, the firm's controlled risks, adequate financial risk administration and support from parent…


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