BCR Latest News

US commercial lender opens first private accounts receivable service in…

A commercial lender providing lines of credit, factoring, purchase order and trade financing to small- and medium-sized businesses (SMEs) has opened…


Wells Fargo leads new asset-based US$85m facility to Veritas DGC

Veritas DGC has entered into a new five-year US$85 million revolving loan agreement with a syndicate of banks led by…


New factors, new markets target double-figure growth in 2006

Central and Eastern Europe's SMEs will lean more on factoring and invoice discounting in the next five years, research by BCR…


Josef Tauber, of the Czech Export Bank, on changes to…

Josef Tauber, General director, Czech Export Bank commented on the impact of the expected changes... (more…)


HSBC seals Laiki share transfer

The fact that Laiki Bank concentrates more on retail banking, in addition to its other strengths - including factoring, leasing…


HSBC customers attend seminar on trade and factoring

HSBC's corporate clients attended a trade and factoring seminar at the Crowne Plaza Hotel, recently... (more…)


Turk Eximbank targets loans and guarantees of US$8.6 billion in…

Turk Eximbank aims to provide loans and guarantees to Turkey's export sector this year totalling near US$8.6 billion, said Trade…


Moody's warns of GMAC sale problems

General Motors' attempt to sell a US$10bn-US$15bn stake in its finance arm might be in difficulty , Moody's, a credit…


Manufacturing orders fall again in most UK regions – CBI/Experian…

Manufacturers continued to struggle as a further decline in orders undermined output and confidence in most UK regions, according to…


LloydsTSB CF backs MBO with asset-backed deal

Lloyds TSB will be lending against assets such as the debt book, stock, plant and machinery and property. This type…


RBS and Euro Sales Finance funds Hudderfield engineering firm’s MBO

Bosses at a Huddersfield engineering firm have completed a buy-out of the company. The purchase was paid for by Royal…


Italian factoring specialist enters agreement on Polish acquisition

The transaction, which furthers the Italian factor's strategy of developing a factoring network in Europe and beyond, will cost it…


BNP Paribas purchases stake in Italy's 2nd ranking factoring company

Paribas, a global banking group operating in 85 countries, has announced that it has entered into conditional agreements with 13…


GM may review GMAC sale, cut dividend: analysts

General Motors Corp. may cut its dividend for the first time in more than 13 years, and will likely review…


Jonathan Cranston, managing director, Ashley Commercial Finance, on niche finance…

Jonathan Cranston, managing director of Ashley Commercial Finance, talks to Factorscan about his company and the industry it operates in,…


Factoring CS keeps top spot

Factoring Ceske Sporitelny retains its number one position among the factoring companies in the Czech Republic. Turnover increased to (more…)


Credit insurance market will grow by 15-20% in 2006 –…

Company executives said  Mexico and Brazil wil,l in the medium term, become the largest credit insurance markets in Latin America…


GE's Risman switches to Davenham

Asset finance provider Davenham has recruited Martin Risman, former GE Commercial Finance sales, to spearhead its business in the southeast...…


Management changes at Export Finance and Insurance Corporation

EFIC is Australia’s export credit agency and assists Australian companies exporting and investing overseas by providing a range of competitive…


Ulster Bank Invoice Finance in search for the unique skills…

Ulster Bank Invoice Finance and the Irish Independent, in association with Enterprise Ireland, have launched the annual campaign to find…


Small firms experiencing downturn in growth says business survey

Small firms are experiencing diminishing levels of growth with a decline in employment, sales turnover and investment, says a report…


Fixed charges ruling is positive news for factors and discounters…

Around six months ago (30 June 2005) the House of Lords handed down its judgments in National Westminster Bank plc…


FCI increases membership at Executive Committee meeting

During a recent meeting of the Factors Chain International (FCI) Executive Committee in Vietnam, five new FCI members were admitted…


Banco Rнo aims to double SME lending

Argentine bank Banco Río announced that it expects to double its small- and medium-sized enterprises (SME) loan portfolio in 2006…


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