BCR Latest News

Company failure hits historic high

The UK recorded 4,818 corporate failures in the first three months of 2006, according to the latest figures from Experian…


GMAC CFO sees time lag for cheaper funding boost

It will take time for cheaper funding, driven by better credit ratings, to boost the profits of General Motors Acceptance…


Government SME lender urges Mindanao entrepreneurs to take up finance

A government loan facility for small businesses urged more takers of their P580-million fund for small- and medium-sized entrepreneurs. The…


Canara Bank plans brand push for its centenary

Canara Bank is preparing for an extensive brand-building initiative for its image makeover. Canara Bank has several firsts to its…


Eurofaktor presents new strategy, expects profit growth

Within the next three-and-a-half years, Eurofaktor is planning to increase its net profits by 150 per cent and achieve an…


Bibby appoints Vice President of Business Development

Bibby Financial Services has announced the appointment of a new vice president of business development at its Midwest location (more…)


Small Businesses see a strong start to 2006 – PKF…

The small- and medium-sized business (SME) sector enjoyed a strong start to 2006 as domestic demand picked up, confidence improved…


Euro Sales Finance provides working capital for Yorkshire window manufacturer

A Yorkshire manufacturer of frames for conservatories and windows is preparing for growth after receiving finance to fund its expansion…


BNR approves regulations for non-banking institutions

Some of the domains of activity of the IFNs are the funding of the commercial transactions and factoring operations, leasing…


Bancoldex ups SME lending 57% in Q1

Colombia's state-owned export development bank Bancoldex saw loans to SMEs jumped  to (more…)


Dresdner Factoring share price set

An issuing price has been set for shares in German financial service provider Dresdner Factoring, which is to float on…


New broker manager joins Bibby Financial Services' leasing arm

Leeds Leasing a small ticket leasing specialist and part of the BFS group has appointed (more…)


CIT acquires Enterprise Finance Europe's German operations

CIT Group has acquired the German operations of Enterprise Finance Europe (EFE), a wholly owned subsidiary of the Bank of…


FDA Golf Day 2006 announced

Bookings are now being taken for this year's FDA Golf Day, being held on the Brabazon course (more…)


Skipton Business Finance launches Base Rate Spring Fund

Skipton Business Finance Limited (SBF), the only subsidiary of a mutual building society specialising in the funding the working capital…


Correction – Atradius sponsors the 2006 Celtic Manor Wales Open…

Global credit insurer, Atradius, is official sponsor of the 2006 Celtic Manor Wales Open Golf tournament. The £1.5 million European…


Latest CBI manufacturing trends survey shows 'glimmers of hope'

Manufacturing output has moved onto a more stable footing, with demand edging up after five quarters of decline and expectations…


Export credit agency in talks with flower exporters' association

The African Trade Insurance Agency (ATI), a multi-lateral export credit agency, recently held talks with the Uganda Flower Exporters Association on…


Urban Classics uses GE's Trade Flow Finance service

GE Capital Solutions, Commercial Distribution Finance (CDF) developed Trade Flow Finance in response to furniture industry demand for financial tools…


Platinum Funding Group develops strong synergy between factoring and venture…

Platinum Funding Group announced today that the company is extending its business focus by aggressively developing its relationship with the…


GMAC CF provides US$20 million facility to Canadian tool manufacturer

The asset-based lending division of GMAC Commercial Finance (GMAC CF) announced the funding of a US$20 million (more…)


Coface rating confirmed

Fitch, the international ratings agency, announced that it has maintained its AA financial soundness rating for Coface (more…)


Factoring turnover up at Kc21.50 bn in Q1

Czech factoring companies buying claims before maturity financed claims worth Kc21.50 bn in the first quarter this year, a growth…


Coface warns of insolvency domino effect

The number of insolvency procedures initiated against Hungarian companies has continually increased over the past few years a quite disturbing…


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