BCR Latest News

CEO Immelt singles out GECF as growth driver

The global operations of GE Commercial Finance (GECF) has reported revenues up 10 per cent for the six months ending…


Business start-ups increase 25% in Q1

A big rise in the number of businesses started by entrepreneurs in the first three months of this year was…


Credit still too expensive, says SME agency

Small- and medium-sized enterprises (SMEs) have easier access to credit but the cost of loans is still high, said the…


London Scottish Invoice Finance profits up 15%

London Scottish Bank plc (LSB) reported pre tax profits up 13.4 per cent from £7.3m to £8.2m in the six months…


Erste doubles capital at factoring unit

Erste Bank Hungary announced it has raised registered capital at its factoring unit, Erste Faktor, by (more…)


Davenham expected to continue good progress – Coates

Davenham Group chief executive David Coates says the small business financier is on track to meet its trading objectives as…


Union Bank to ramp up SME funding

Union Bank of India plans to lend to the small and medium enterprises (SME) segment in a big way to…


Business failures up 8% in H1

Business failures in the UK rose in the second quarter of 2006 compared to the same period in 2005, bringing…


Late payment causes squeeze on SME cash flow

Tardy bill paying is causing cash flow constraints for small- to medium-sized enterprises (SMEs), with the average payment period pushing…


MFB lowers rate on subsidised loans for SMEs

The Hungarian Development Bank Rt (MFB) announced it would lower the rate on special state-subsidised loans for businesses available under…


TAOSC announces bank loan support for Taiwanese SMEs in Mainland…

Chen Yunlin, the director of the Taiwan Affairs Office of the State Council (TAOSC) of China announced that in future,…


Company liquidations continue to rise in H1

The number of legal cases brought by Hungarian companies trying to collect overdue receivables increased by (more…)


Exporters to be rewarded for low insurance claims

Hong Kong Export Credit Insurance Corporation (ECIC) has announced it will not raise premiums across the board when policies come…


Venture capital market leaps 128% in first half

China's venture capital (VC) market more than doubled in the first half of this year, pointing to a significant rebound…


Regency Factors to make a move into trade finance

Regency Factors says it is to start offering trade finance products via two local subsidiaries JSM Finance and Cavendish Investments…


CBI report calls for long-term SME strategy

The Government has made significant progress in delivering better access to finance for small businesses but must develop a strategy…


Experian secures major contract with leading Thai commercial lender

Experian, the global information solutions company, has announced the signing of a five-year contract with one of the top commercial…


EFIC establishes A$30m bonding line for engineering and construction exporter

Export Finance and Insurance Corporation (EFIC) today announced that it has put in place a A$30 million bonding line for…


Ex-Im Bank provides 15-year financing for solar power export project…

PowerLight Corporation is the first US exporter to benefit from the new 15-year repayment terms available from Ex-Im Bank to…


Siemens: A new player in UK receivables finance

Siemens Financial Services, the asset finance unit of Siemens Group, has created a new business division to focus on invoice…


Rabobank acquires two banks in Indonesia

Netherlands-based Rabobank Group signed an agreement today to acquire ownership of the holding companies that own two Indonesian banks (more…)


Supply chain finance transactions top $13bn

Orbian, the US-based supply chain finance group, has processed over $13bn in transactions (more…)


CIT Group set to strengthen position say analysts

CIT Group is expected to report earnings of $1.16 a share, up from $1.03 reported in the year-ago period, according…


UK publisher secures refinancing from GECF

GE Commercial Finance's Business Finance unit has provided a working capital finance package to UK publisher (more…)


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