BCR Latest News

Late invoicing puts businesses at risk from late payment –…

A recent poll held on the Better Payment Practice Group website asked businesses how soon they issue the invoice after…


Government finance to SMEs reaches P95.7bn

The government's lending programme to small and medium enterprises (SMEs) reached P95.71bn as of April this (more…)


SME finance boosted by EC risk review

The European Commission has adopted Guidelines to determine when state aid to support risk capital investment in small and medium-sized…


EXIM chief warns on state of economy

EXIM Bank president Veerapong Ramangkura is concerned that the Thai economy may suffer a slump next year (more…)


HSBC expands into Central America

HSBC has expanded into Central America with the acquisition of Panama-based Grupo Banistmo for (more…)


Cross-border factoring eased by capital tax change

Canada's factoring industry has received a much-needed fillip as a result of the abolition of withholding tax on capital gains…


CIT reports record Q2 new business volume

CIT Group reported net income was US$236m for the second quarter 2006, compared to US$249.1m last year (US$219.4m excluding gains…


GMAC consolidates leasing offering

GMAC Commercial Finance Plc has struck a deal with lessors Vauxhall, Saab Chevrolet Leasing to provide car finance solutions to…


More business failures on the horizon – Euler Hermes

A slowing economy may increase the number of small-business failures next year, announced global insurer Euler Hermes (more…)


Bibby offers help under Small Firms Loan Guarantee Scheme

Bibby Financial Services (BFS) has announced it is now able to offer funding to UK businesses under the Small Firms…


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…


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