BCR Latest News

UK welcomes European Council agreement to cut red tape for…

The European Council has today agreed to follow the UK's lead and reduce red tape arising from EU law by…


New Player Arrives on Slovakian Factoring Market

A new factoring company has recently entered Slovakia's factoring market. Cash Reform Factoring, is a 100 percent subsidiary of the…


HSBC expands presence in SME sector

Hsbc has achieved a stable 15 per cent growth to a pre-tax profit of HK$50,016m in its consolidated financial results…


American Prudential Capital, Inc. welcomes Will Fuller as director of…

American Prudential Capital, Inc. (APC), a major player in the commercial factoring community, has employed Will Fuller as director of business development.…


Bibby announces new group sales director

Bibby Financial Services, a global provider of business cash flow solutions is pleased to announce it has promoted David Arthur…


SEPA to deliver working capital benefits

Reduced working capital requirements and more efficient liquidity management are two of the key benefits that SEPA will deliver on…


BCR RFIx updates on the latest in invoice finance

BCR S 7th Receivables Finance International factoring conference exhibition ( RFIx ) includes top speakers addressing some of the most…


Euler Hermes factoring and credit insurance revenue up 22 per…

Euler Hermes' credit insurance and factoring units in Hungary had combined revenue of HUF 2.8bn in 2006, 21.7 per cent…


Euronet first SEPA cross-border solution in central and eastern Europe

Euronet Worldwide Inc. has signed a long-term agreement for its first SEPA (Single Euro Payments Area) compliant cross-border transaction processing solution…


SMEs confident about the year ahead

The UK's SMEs remain confident that their enterprises will grow in the coming year, according to a new survey. Despite…


Telesoft cuts supply chain costs by 44 per cent

Communications specialist Telesoft Technologies reckons it s shaved 44% off supply chain costs since successfully deploying SAP ERP across its five UK…


Dramatic rise in administration figures

A dramatic rise in administration figures up by 26% in 2006 compared with 2005 seems to be at odds with…


ABL releases hidden value in the balance sheet

Asset-based lending (ABL) is now an established way of releasing hidden value in a company's balance sheet, and thus enabling…


BankWest launches online trade finance platform

In a bid to tap into the SME market, Australia's BankWest has added a new Internet-based international trade finance system…


SMEs must evaluate their online strategies

All businesses, including SMEs, need to critically evaluate their online strategies to ensure they are not left behind in this…


SME sector set to grow 5 per cent this year

The gross domestic product (GDP) created by small and medium-sized enterprises will expand by 4-5% this year to around 3.3…


UK invoice finance tops GBP173bn

UK companies are increasingly looking to receivables financing to fund growth. According to the statistics for 2006 more than 46,000…


SMEs may be allowed to borrow on inventory

The government is being urged to amend the Business Security Act to allow small and medium-sized enterprises to use their…


Business Loan Express signs agreement with Small Business Administration

Business Loan Express, LLC (BLX) today announced it has signed an agreement with the U.S. Small Business Administration to help small…


SmartFlow Finance appoints Head of Direct Sales

SmartFlow Finance, which provides unsecured business funding for SMEs, has appointed Gerry Mansfield as head of direct sales. For companies…


FSB calls for councils to back business

The Federation of Small Businesses in Scotland has called on councillors across the country to do more to deliver local…


Go east, invoice-financing firms

Factors can look toward eastern Europe and Asia to significantly boost their business. These emerging markets, which are either booming…


U.S. business bankruptcies to increase 12 per cent in 2007

The nation s continued economic slowdown, coupled with increased costs of doing business, will cause the number of American business…


S1 Enterprise launches new trade finance solution

S1 Enterprise, a leading provider of multi-channel financial service solutions, today announced the availability of S1 Enterprise Trade Finance. Built…


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