BCR Latest News

The Rise of Asset Based Lending in the UK –…

The statement that asset-based lending is on the increase is something that no one involved in the commercial finance industry…


United Kingdom: Insolvency Act 2000 – A Further Erosion of…

After a long period of gestation, the principal provisions of the Insolvency Act 2000 came into force on 1st January…


Factoring – Safety net when payment falls through

Once carrying a stigma as being the last refuge of the insolvent, it now shows its true value, says Michael…


Glasgow's failure rate bodes ill for Scotland

Analysis by Matt Henderson, recovery and reorganisation partner with Grant Thornton.  Insolvency statistics never make pleasant reading. For every company…


Finance for Small Firms – a tenth report. A response…

Introduction The Bank of England recently published its 10th Annual Report on Finance for Small Firms. The Report comprised three…


Culture of late payment persists – Experian

The five years since legislation was introduced to curb late payment of invoices by companies have had no effect, according…


A harsher climate for fund-seekers

Raising money for a new or growing business is never easy. Over the last year, however, it could hardly have…


Sarbanes Oxley shines light on receivables

Most risk managers by now know about the Sarbanes-Oxley Act that regulates companies registered with the Securities and Exchange Commission…


Turkey, Official export-credit programmes

Teximbank operates programmes designed to insure exports against commercial and political risks. The majority of the companies accessing the service…


The Factoring Sector After the Crisis – an Update

Feyza Guleryuz, Toprak Factoring  The crises of November 2000 and February 2001 have caused enormous damage both to financial institutions…


Betьl Mert of Toprak Factoring presents the latest analysis of…

Market Performance and Supply  Having been established for more than ten years in Turkey, the factoring industry was able to…


The Financial Crisis in Turkey- A Factor’s Perspective

For the past six months, factors in Turkey have been living through a financial crisis. Alper Uyar of Aktif Finans…


Trade financing and credit insurance options

In Sweden commercial banks provide loans to larger companies and niche banks lend to smaller firms. Such credits have typically…


Short-term financing – factoring

In Sweden, factoring companies make credit available through accounts-receivable financing as soon as they receive the customer invoices. Generally, the…


Anna Ljung of the Swedish Bankers' Association presents the latest…

Market Performance and Supply  At the end of 2000 there were nine factoring companies in the Swedish Bankers Association and…


Trade financing and insurance – export insurance programmes

Although private insurance companies now offer coverage against short-term commercial risk, the state-controlled Spanish Export Credit Insurance Company (Cesce) is…


Josep Selles of Bansabadell Factoring presents the latest analysis of…

Market Performance and Supply   Year 2000 was an excellent year for factoring activity in Spain. The sector grew strongly, maintaining…


Bojan Љuљtar of LB Factors presents the latest analysis of…

Market Performance and Supply  The table below shows the volume of factoring in the last six years. Figures are based…


Bogdan Constantin Stoica, Senior Associate of Popovici & Asociatii Attorneys…

Once regarded as an intangible financing solution in Romania, factoring has become a real trade finance alternative for Romanian exporters…


Mihaela Luana Dimitriu of Banca Comerciala Romana presents the latest…

 Market Performance and Supply  Factoring, which was introduced to the Romanian market six years ago, experienced some positive developments during…


Portuguese securitisation developments in the past 12 months

An overview of the market  Over the last 12 months the Portuguese securitisation market has experienced a significant period of…


Miguel Vassalo of MC Factor SA presents the latest analysis…

Market Performance and Supply  The domestic factoring market in 1999 and 2000, measured on the basis of accumulated debts assigned,…


Eastern partners expect Poland's EU accession to boost trade and…

One of the most important topics discussed at the Krynica Economic Forum was how EU enlargement is going to affect…


Poland’s new bankruptcy and corporate recovery law

The passage by the Sejm, Poland's Lower House of parliament, of the Bankruptcy and Corporate Law of January 8, 2003…


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