BCR Latest News

GMAC Commercial Finance announces a US$60 million agented credit facility…

The Retail Finance Group of GMAC Commercial Finance (GMAC CF) announces the arrangement and closing of a US$60 million agented…


EFIC and Westpac explore new working capital product for SME…

The Minister for Trade, Mark Vaile, has welcomed the establishment of an alliance between the Export Finance and Insurance Corporation…


Survey notes small businesses are like large corporations when it…

Small business owners' attitudes and opinions toward cash management and cash flow indicates a desire for greater efficiency throughout the…


Oseo SME financing totalled 7.5bn euros in 2004

Oseo, the holding group for France's bank for the development of small- and medium-sized enterprises (SMEs), BDPME and its national…


Hong Kong ranks number two for competitiveness behind USA

According to the HK Commercial Daily, a report to be released by the Swiss IMD on global competitiveness in 2005…


Manufacturers' orders and confidence fall in most regions – Regional…

Most UK regions saw new manufacturing orders fall markedly in recent months, with manufacturers in large parts of the country…


Euler Hermes Q1 turnover up

Euler Hermes, the French credit insurance company, saw its turnover rise by 7.2 per cent, to €478m, in the first…


Factoring group to acquire Eurofactor

Transfact, the factoring division of French banking group Credit Agricole, will incorporate sister company Eurofactor on 1 October, with the…


CSOB’s Q1 profit drops

Net profit of CSOB bank branch in Slovakia dropped to Skk 44.7m (€1.15m) in 1Q, a decrease of Skk171m compared…


Three banks control 95% of micro credit industry

Three Chilean banks - BancoEstado, Banco del Desarrollo and Santander Santiago dominate the local micro credit industry with some 95%…


Discount your debt and grow your business

Educating accountants on the boom in debtor finance in Australia Australia has been slow to catch on to the benefits of…


GM looks to protect GMAC’s credit rating

General Motors is exploring ways to separate its own battered credit rating from that of General Motors Acceptance Corporation (GMAC),…


Exim Bank Korea opens office in Dubai

The Export-Import Bank of Korea, the official export credit agency, launched its first office in the region on Monday by…


Top- level resignations at GMAC prompt urgent talks with American…

One of the UK’s most prominent factoring organisations, GMAC, is today, faced with the urgent task of replacing three of…


FDA research reveals SME Directors’ top business and personal worries

Research released today by the Factors and Discounters Association (FDA) reveals that being able to provide for retirement was the…


Experian expands its market leading fraud solutions business

Experian®, the global information solutions company, has strengthened its fraud solutions team with three new high profile appointments. Michael Fuller…


Venture Finance appoints new regional director Wales and West

Venture Finance today announced its continued expansion across the UK, with the appointment of Kelvin Thomas as regional director for…


Tariff removal tipped to save A$1.3bn in 5 years

Australian businesses are expected to save about A$1.3 billion over the next five years after the Federal Government abolished a…


Credit line for SMEs of Ft 25 bn

The Economy and Transport Ministry, the Hungarian Investment and Trade Development Kht (ITD Hungary) and the Hungarian Development Bank Rt…


Export association and Interseguros developed credit insurance product

Costa Rica's export association and insurance company Interseguros have developed a credit insurance product for exporters, covering up to 88…


SME organisations call on government to change small business tax

Smarter tax reforms and a more serious attempt at reducing red tape top the wish-list of small business owners ahead…


DCCI and Coface partnership to provide credit rating services in…

Dubai Chamber of Commerce & Industry (DCCI) is to provide the companies and establishments in Dubai with the Credit Rating…


ID theft costs UK businesses more than Ј50 million every…

UK businesses are being duped out of more than £50 million every year by organised criminals and fraudsters hijacking companies…


Nine new members joining FCI

During the April 2005 meeting of the FCI Executive Committee, nine new members were admitted, including two members from a…


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