BCR Latest News

Pekao Faktoring greedy for growth

Although the company is the leader of the sector, it does not mean that it will grow faster than the…


Fortis finalises the acquisition of Innotrade Leasing Rt. and Takleasing…

Fortis has confirmedthat it has finalised the acquisition of the two Hungarian sister leasing companies, Innotrade Leasing Rt. and Takleasing…


IGF launches payroll service

Independent Growth Finance, the independent commercial finance provider, today announced the launch of its new payroll service, aimed specifically at…


FactorLoads and Carbonfund.org partner to 'move freight carbonfree'

Carbonfund.org, a leading non-profit carbon offset organisation and FactorLoads, the premier freight bill factoring service for owner operators and small…


ECGC to foray into factoring services

Export Credit Guaranty Corporation of India Ltd (ECGC) is planning to foray into factoring services through (more…)


Less than one tenth of invoices paid within 30 days

Late payments are causing major problems for firms, imposing unnecessary administrative burdens and in some instances leading to insolvency, according…


Eurofaktor diversification strategy leads to profit slump

Eurofaktor, the only representative of the factoring industry on the stock exchange, made only ZL1.1m (euros 284,500) net profits in…


Report shows SME lending up 13pc in 2005

According to a report, only 16 per cent of SMEs indicated a reliance on financing from financial institutions, both banking…


GECF deal for Notts firm

GE Commercial Finance Business Finance has provided an MBO-driven invoice finance and cash flow package to (more…)


Davenham poaches Chadwick from Lloyds TSB

Davenham Property Finance, part of Davenham Trade Finance, has appointed Darren Chadwick as business development manager for property in the…


Insolvencies in the second quarter 2006

Statistics showing insolvencies in the second quarter 2006 published by the Insolvency Service show company liquidations have decreased compared to…


Expanding floor-covering firm secures financial deal with Cattles Invoice Finance

Leeds-based floor-covering firm Johnson Flooring has secured a major new contract worth in excess of a million a year, with…


International Moscow Bank to implement FORPOST factoring software

Jet Infosystems is a system integrator and a supplier of key informational infrastructure components to large organisations and companies in…


Euler Hermes profits jump

Thanks to good performances by its businesses in emerging countries and the US, the French credit insurance company Hermes saw…


GMAC reveals new communications chief

Toni Simonetti has been named GMAC (more…)


Davenham focuses on Yorkshire property finance

Davenham Property Finance, part of Davenham Trade Finance, has appointed Garry Biggin (more…)


GECF seals invoice finance deal for recruiter

GE Commercial Finance's Business Finance unit has announced it has provided a structured finance package (more…)


UK interest rates raised to 4.75 per cent

UK interest rates have been raised to 4.75 per cent by the Bank of England's Monetary Policy Committee (MPC). (more…)


EBRD and Banka Popullore link to support SME finance

The EBRD is lending Banka Popullore, a private bank in Albania, euros 5m to give small- and medium-sized enterprises (SMEs)…


Siemens Financial Services expands business opportunities with Euler Hermes partnership

Siemens Financial Services (SFS), the Siemens Group responsible for financial solutions, has formed a partnership with Euler Hermes (more…)


Blow for independents as Target Trade Finance hits the wall

Target Trade Finance, the debtor and trade finance company, has called in the administrators, factorscan can reveal. The London-based factor…


Factoring companies to start reporting to National Bank

The Central Bank of Slovakia (NBS) is due to start collecting data for statistical purposes from January 2007. The obligation…


Kaulkin Ginsberg marks 15 years serving accounts receivable management

Fifteen years ago Kaulkin Ginsberg Company initiated and advised on the sale of Eastern Credit Association to Eastern Business Services.…


RBS Invoice Finance, Nat West and Lombard join forces to…

The deal has been structured by the NatWest with additional funding packages also provided by RBS Invoice Finance and the…


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