BCR Latest News

Fed continues tightening campaign

As widely expected, the Federal Reserve raised a key interest rate for the 17th consecutive time, hiking its target for…


UK export markets show trading conditions best for six years

A new measure of the health of UK export markets shows trading conditions to be the best for six years,…


Lloyds TSB Commercial Finance finances MBO at auto supplier

The managing director of a UK plastics firm that supplies Aston Martin and Lotus has bought the company 20 years…


IIC looking to lend up to US$100m more to Latin…

The Inter-American Investment Corporation (IIC) is looking to grant up to US$100m in loans to Latin American financial institutions before…


Free trade spells weaker future for local banks

Non-bank companies and retail banks are key competitors to the commercial banks in niches such as leasing, hire purchase and…


GECF assists in confidential invoice discounting deal

GE Commercial Finance's business finance unit has stepped in with a confidential invoice discounting, plant equipment loan and a cash…


Asia: Factoring markets begin to bubble

The receivables finance scene in Asia is at its most vibrant and exciting for over a decade, with most local…


Tough cash flow control urged as oil prices soar

UK firms should keep watch on their cash flows if they find themselves hit by economic volatility as a result…


Bibbys warns SMEs on the summertime blues

While the summer months may be the time for many to kick back and relax, they can be among the…


EBRD, EU and OTP Bank Romania help SME sector

Entrepreneurs across Romania will have more access to finance to build or expand their businesses with the help of a…


MSMED Act to govern late payment charges

Large companies that source inputs from small and tiny enterprises will now have to pay within 45 days of procurement,…


ADB signs first private sector loan to boost SME financing

The loan is ADB's first private sector financing and first financing without central government guarantee in Kazakhstan (more…)


Bankruptcy Act amendments to take effect 1 July

Changes made last year to Hungary's Bankruptcy Act will come into effect on 1 July. The amendments will make it…


Euler Hermes supports turnaround culture

There is a perception in the turnaround and recovery profession that consulting with a credit insurer and highlighting that a…


HSBC opens first commercial transaction centre

HSBC has opened its first Commercial Transaction Centre (CTC) in Sheung Wan. The CTC, a new type of branch for…


Potential Finance announces H1 profit figures after sale of factoring…

Potential Finance Group PLC said that Potential Asset Finance, its asset finance subsidiary, had had to absorb much of the…


New factor stresses importance of being honest

Edward McKee Wright is to spearhead the launch of a working capital funding service called Capital + Merchant Business Finance…


Bibby drives forward transport factoring plans

Bibby is in the advanced stages of developing a service tailored to transport factoring (more…)


Factoring industry gains a new player

A new factoring company, founded by two individuals with several years' experience in the field, has recently been approved by…


Eurofaktor launches new strategy

Eurofaktor, which has focused on factoring services for big companies only, has acquired its first clients among SMEs and has…


Merrill Lynch provides movie studio with US$80m asset-based facility

The asset-based facility relies on the studio's accounts receivable, library of film titles and future ultimates of the company's upcoming…


Eurofactor weathers merger storm

Despite the costs of its parent company's merger with Credit Lyonnais, Eurofactor, the factoring subsidiary of French banking group Credit…


Natwest and RBS Invoice Finance fund Dragons' Den entrepreneur

After spurning offers from the Dragons' Den panellists, he has received funding from Natwest and RBS Invoice Finance to help…


FCI: Lubitz re-elected chairman, five new factors get membership go-ahead

The Factors Chain International (FCI) has approved application for membership from five factors (more…)


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