BCR Latest News

BRD factoring operations, up over 150 pc

BRD Societe Generale last year registered turnover from factoring operations of approx EUR328m, 152 per cent up on 2005, the (more…)


Former Pepsi and Apple boss moves into EUR18 trillion receivables…

John Sculley, who was made famous by his development of the ‘Pepsi Challenge’ in the 70s and has been involved…


Platinum Funding Group announces 2006 results

Platinum Funding Group announced more than $200 million in new deals in 2006. The contract volume is a record for…


GE Corporate Lending USD71m facility for Quantum Foods

GE Commercial Finance Corporate Lending today announced it has provided a $71 million asset-based credit facility to Quantum Foods LLC,…


New report from Atradius highlights risks on the high street

Leading credit risk insurer Atradius today launches the latest report in its sector performance series, this time on the UK…


Global Finance Magazine names Emirates Bank as the Best Trade…

The prestigious award will be presented at this year's Annual meeting of the IMF World Bank being held at Washington.…


FDA annual Awards Dinner

This year's Factors and Discounters Association UK and Ireland (FDA) Educational Foundation Awards Dinner was held on Thursday 22nd February…


LTSBCF appoints Harrison to head up NY office

Lloyds TSB Commercial Finance has appointed Jeremy Harrison to head its New York office. Jeremy takes over from Paul Herrington…


London gives a lift to Davenham

Expansion prospects at Davenham, specialist lender to small businesses, have been brightened by the early returns from its London office, which…


BB&T names Broome head of Commercial Finance unit

BB&T Corporation names senior loan administrator J. Tol Broome Jr. president of its commercial finance unit. BB&T created the unit in 2005 by combining its…


Citigroup combines loans divisions

Citigroup has combined its global loans, leveraged finance, asset based finance  and emerging market debt businesses after it restructures its fixed…


Another record for Venture Finance

Venture Finance announced record pre-tax group profits of £14m for 2006 – an increase of 23% on 2005. This growth…


Premier American names Daley SVP, factoring/ABL department

Premier American Bank has named Donovan Daley as senior vice president of the factoring and asset-based lending department. (more…)


UC Factors opens Houston office

UC Factors announced its expansion into Texas. The company also announced Iris Welch has joined UC Factors as business development…


Chilian CorpBanca gets listing with Nasdaq, Amex and NYSE

CorpBanca S.A. has been added to the NASDAQ, AMEX and NYSE. CorpBanca S.A. and its subsidiaries provide general commercial and consumer…


UK SME growth strong

The robust performance of UK SMEs Q3 2006 was almost replicated in the final quarter of the year with a…


EIB to give fresh boost to European SMEs

The EIB supported SMEs with a record level of bank credit lines in 2006 of EUR 5.8bn and a record…


Postbank wins prize for factoring services

Postbank was awarded two prizes at the international financial exhibition Banks, Investments, Money. Postbank's factoring services, offered by EFG Factors…


Dresdner Factoring share plummets following profit correction

Dresdner Factoring, the German factoring service provider, has corrected its pre-tax profit for 2006 downwards by more than 80 per…


Pakistani Bank Alfalah launches Milkait finance for SMEs

Bank Alfalah introduces Alfalah Milkiat Finance (AMF) to help Small and Medium Enterprises (SMEs) in Pakistan. The newly launched product is…


Valleys cash-flow firm plans expansion

Wageroller UK, a valleys financial services company, which has pioneered a new cash-flow boosting wages payment solution, has signed up…


UK firms hit by supplier fraud

More than half of UK businesses have lost money because of fraud, yet nearly a third of firms admit they…


The Commercial Finance Group Names New BDO in Southern California

The Commercial Finance Group announced Ernesto Mendoza has been hired as a new business development officer for Southern California. His…


EFE supports acquisition of King UK with receivables financing

King UK Limited, has been acquired by the Manchester-based private vehicle, Casper Limited, in a deal backed by Enterprise Finance…


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