BCR Latest News

Davenham trade's up

The Birmingham office of Davenham Trade Finance, a leading, independent asset-based lender to the UK SME sector, has appointed as…


The cost of bad debt to UK firms soars

British Firms are writing-off tens of thousands of pounds every year in bad debt due to customers not paying their…


Factoring comes of age in the Middle East

Asset finance products such as factoring are starting to take off in the Middle East despite continued concerns over (more…)


Renewed KKR bid boosts GMAC sale effort

General Motors efforts to sell a majority stake in its finance unit received a boost after it was revealed that…


Invest, be brave and win

Figures just released by the FDA show the invoice finance is rapidly growing in popularity for small- and medium-sized enterprises…


Enabling the non-limited sector to obtain much-needed credit

Experian , the global information solutions company, has launched a unique Business Owners Report service to predict the likelihood of…


EBRD invites proposals for factoring advisory services for banks and…

The European Bank for Reconstruction and Development (EBRD) intends to engage a consultancy firm to assist the selected issuing banks…


New online service helps businesses name and shame late paying…

Businesses frustrated by cash flow problems caused by slow paying debtors need not despair. Help is at hand with an…


Expectations for the US economy are worsening- Euler Hermes ACI

US business profits are continuing to slow steadily and some industry sectors are in a weakened condition, according to economic…


Global network of Export-Import Banks meets

UNCTAD (United Nations Conference On Trade And Development) Secretary-General Supachai Panitchpakdi opened a one-day meeting of the new Global Network…


Cattles Invoice Finance fund rubber roller company MBO

The Accrington-based company has received a funding line from Cattles Invoice Finance to free up working capital and help further develop…


Factoring volume to grow 25% in 2006 as more banks…

Chile's factoring industry will see business volume grow 25% this year due in part to new players entering the market…


Medicinos Bankas gets EUR5m loan for micro loans to SMEs

Bank Medicinos Bankas has signed a €5 m loan agreement under the EU Preparatory Action Programme with  (more…)


Hitelgarancia reduces subsidy fees

State credit guarantee agency Hitelgarancia Zrt has reduced the guarantee fees for a credit facility on state-supported preferential terms (more…)


Lowest monthly insolvency rate in 5 years

The number of insolvencies in February declined by12.2% compared to February 2005,  the lowest number in one month since February…


Bibby Financial Services appoints VP, Business Development

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


ICICI first bank in India to provide TradeCard export financing

India's second largest bank has signed a partnership agreement to offer pre- and post-export financing to customers of financial supply…


1st Commercial Credit launches transportation factoring products

1st Commercial Credit, LLC has announced three new factoring products aimed at the global transport industry (more…)


Cerberus's GMAC bid gathers steam

Cerberus Capital Management may secure funding for a potential bid on General Motors Corp.'s financing arm from its portfolio firm…


Raising finance: How your appearance can affect success

In recent years, many organisations have started to break free from the constraints of starched collars and ties in favour…


Ultimate Finance H1 results show record pre-tax profit

Ultimate Finance Group plc has announced interim results for the six months ending 31 December 2005 showing record net profit…


Factoring in Brazil stimulates receivables growth

The factoring segment stands out as one of the big bets in the securitisation market this year (more…)


Government to diversify credit guarantee rates for small businesses

The government plans to diversify its credit guarantee fees for small businesses from 1April by setting nine different rates based…


Setting sales standards in receivables finance – Training

The Holy Grail for any sales manager in the world of financial sales is to find, and hire, “the perfect…


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