BCR Latest News

Rockland Credit Finance acquires bankrupt factor’s portfolio

Owings Mills-based Rockland Credit Finance, an asset-based lender and factoring company, has acquired a portfolio worth more than (more…)


Deal solidifies GE’s position as European factoring leader

GE Commercial Finance, the business- to-business financing unit of General Electric, has completed the acquisition of Heller Bank AG, one…


Bridge provides 5 year US$25 million secured debt financing

The lenders have agreed to provide a US$25 million five-year term loan facility to (more…)


Bancoldex announces SME loan package for Bogota district

Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancoldex) is offering a loan package for small- and…


Persia International Bank implements Surecomp’s IBSnet

Surecomp, a leading provider of trade finance solutions for the wholesale banking industry, has announced that London-headquartered Persia International Bank…


J P Morgan Chase to establish European asset-based lending division

J P Morgan Chase has announced that it has hired two executives to set up an asset-based lending division in Europe…


CIT Small Business Outlook reaffirms small business sector resilience

Nearly 70 per cent of small businesses have performed well over the past 12 months, in comparison with the US…


Japanese Bank finalising US$250m loan to SME Bank Thailand

The Japan Bank for International Co-operation (JBIC) is finalising a loan to the SMEs Bank, a state-owned bank that lends…


Bank of America buys strategic stake in China Construction Bank

Bank of America Corporation today announced a definitive agreement to buy approximately 9 per cent of the stock of China…


ING books Ђ40m capital gain after restructuring of GE and…

ING Group NV said that, after completing the restructuring of its finance joint venture with General Electric Commercial Finance and…


Sterling Bancorp announces increased authority to repurchase ordinary shares

Sterling provides a wide range of products and services, including asset-based financing, factoring (more…)


Lloyds TSB Commercial Finance Ј5m invoice discounting facility supports client’s…

The Manchester-based management consultants headed a consortium that acquired the assets from administrators to form the (more…)


Receivables Finance International Asia-Pacific 2005 venue announced

BCR has announced that 2005 s Receivables Finance International Asia-Pacific conference will be held in Hong Kong from the 26…


The International Finance Corporation (IFC) , a division of the…

The International Finance Corporation (IFC) , a division of the World Bank, seeks a Consultant to conduct a market study…


Cash Flow IPO postponed

Cash Flow S.A., a company offering factoring and debt purchase and collection, has postponed its public offer (more…)


Enterprise Finance Europe provides invoice, stock and supplier finance package…

Enterprise Finance Europe (EFE), one of the UK s leading asset-based lenders, has provided a major cash injection to car…


Falabella eyes new niches, including factoring, around core business

Chilean retail bank Banco Falabella remains cautious over offering new products, but is reviewing a possible entry into (more…)


Supply chain finance can help firms cut costs

Companies that adopt supply chain finance can achieve cost savings of about 15% to 30% on their working capital (more…)


New SME business support scheme draft proposal to be discussed

The Economy Ministry recently completed a draft proposal on a new enterprise development scheme (more…)


Bangladeshi banks to offer factoring without separate licence

The Bangladesh Bank and South-Asia Enterprise Development Facility (SEDF) jointly organised a presentation on factoring, a new product, to introduce…


Italease shares close up 17% on Milan debut

Italease, the leasing and factoring company, saw its share price rise above its IPO price to close at (more…)


Bank of America Business Capital provides US$70 million asset-based loan

Bank of America Business Capital announced that it provided a US$70 million senior secured credit facility to (more…)


Developments in the French securitisation legal framework

In terms of volume, the French securitisation market ranks behind a number of its competitors and therefore France is encouraging…


Credit Guarantee Corp Malaysia plans improved SME services

The Credit Guarantee Corp Malaysia Bhd (CGC), a loan guarantee scheme provider, is planning to increase its number of branches…


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