BCR Latest News

KUKE profits lower as competition increases

The Export Credit Insurance Corporation Joint Stock Company (KUKE) has reduced its insurance rates as an increasingly large number of…


GST helps to drive demand for factoring

The Goods and Services Tax (GST), introduced five years ago, has helped drive a trebling in debt factoring as small…


EquiFin discontinues asset-based lending activities

EquiFin, Inc. has updated its stockholders and investing public on material developments of the past 7 months (more…)


Report indicates small businesses on the up

Businesses that employ fewer than 20 people grew by.... (more…)


Cattles Invoice Finance strengthens management team

Cattles Invoice Finance has announced the appointment of...... (more…)


GMAC Commercial Services opens offices in Greenboro NC, as part…

GMAC Commercial Finance (GMAC CF) has announced the opening of its new Commercial Services Division office in Greensboro, NC. Opening…


Bridge Bank provides US$6 million accounts receivable credit to key…

Tripath Technology has secured an asset-based credit facility for US$6 million with Bridge Bank. The revolving credit facility has... (more…)


Small manufacturing business receives Ex-im Bank finance support to increase…

Warren Baerg Manufacturing Inc. (WBM), a small family-owned business in Dinuba, Calif., is increasing its workforce.... (more…)


Industrial Bank refinances loans at lowest premium for 7 years

Industrial Bank of Korea, the nation's biggest lender to small businesses, announced it has refinanced US$200 m in loans at…


Grupo Security's factoring profits up 53 per cent in H1

Chilean financial services group Grupo Security boosted profits...... (more…)


Cattles Invoice Finance moulds MBO finance deal

The UK moulder has been bought in a management buy out (MBO) in-part funded by Cattles Invoice Finance (more…)


Factoring operations expand by 117% year-on-year

As of 30 June 2005, total loans, net of interbank loans, for the Chilean banking sector grew by (more…)


Atradius division transferred

The German credit and guarantee business of credit insurer Atradius has been transferred to (more…)


Banca IFIS looks to expand at home and abroad

Gianni Bossi, managing director of Banca IFIS, the Italian factoring bank, told Cristiano dell'Oste (more…)


Insolvency statistics for Q2 2005

Quarterly figures for company and individual insolvencies were published today. The figures show that company and individual insolvencies have (more…)


Ex-GMAC CF Directors head new division

The three senior GMAC CF directors who resigned in early May have resurfaced, operating as a division of (more…)


Bank of England makes first rate cut in two years

In a statement accompanying its interest rate decision, the Bank s monetary policy committee (MPC) (more…)


FCI elects new chairman and increases membership

Factors Chain International (FCI) has elected as the new FCI chairman (more…)


Accord announces Normal Course Issuer Bid

Accord Financial Corp., has announced that the Toronto Stock Exchange (TSX) has accepted for filing a Notice of (more…)


Fortis Commercial Finance – five years old and on track…

Fortis Commercial Finance (FCF) celebrated its fifth anniversary last month, affirming its strong position within the £132 billion UK factoring…


Service sector recovery gathers pace – CIPS survey

Business activity in the UK services sector unexpectedly accelerated in July, dampening expectations that the Bank of England (more…)


GMAC builds its Commercial Services division

GMAC Commercial Finance announced the addition of three new executives to its Greensboro, N.C.-based Commercial Services Division (more…)


EBRD extends medium- to long-term financing t Banca Sociala for…

Private small- and medium-sized enterprises (SMEs) across Moldova will gain greater access to finance following a €5 million loan from…


Lloyds TSB Commercial Finance backs UK’s fastest growing catering food…

The management team, led by chief executive Ed Hyslop, has taken a significant equity stake in the business, with the…


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