BCR Latest News

Fogape awards US$82m in loan guarantees to bank and factors

The Chilean loan guarantee fund for SMEs, Fogape, held its second auction of 2005, awarding 48.2bn pesos (US$81.7m) in loan…


Trinsic announces factoring relationship with Thermo Credit

Trinsic, Inc., a leading provider of enhanced circuit-switched and IP (Internet protocol) telephony services has entered into an accounts receivable…


Tideline Capital raises US$105m in first-ever software receivables securitisation facility

Tideline Capital, a company that provides outsourced vendor financing services for the software industry has secured US$105m and closed the…


Demand for factoring services rising in Czech Republic

The Czech factoring market has grown by some 20% a year over the past three years and the Association of…


Perry Capital to acquire Capital Factors and Capital Tempfunds

Perry Capital LLC, an investment management firm with approximately US$11bn under management has reached agreement to acquire the business and…


R.G. Barry Corporation secures new financing from CIT

R.G. Barry Corporation has entered into a new US$35m committed asset-based lending agreement (ABL facility) with CIT Commercial Services, a…


How do Europe’s 8th Directive and Sarbanes-Oxley compare

It is sometimes hard to remember that only a few years ago auditing was seen as a rather dull, if…


Bridging the equity gap still a headache for small firms

Investors are getting more choosy, but Rachel Bridge and Andrew Stone explain that there are still funding options out there.…


SME Bill plans to increase investment limit to Rs 5…

The government will raise the investment limit for small scale units from Rs 1 crore to Rs 5 crore in…


Corporate Strategies launches new service to work with invoice finance…

Corporate Strategies, the national turnaround specialist, has launched a new service dedicated to working with invoice finance providers to deliver…


Commerce ministry urged to rejuvenate PEFGA

President Union of Small & Medium Enterprises (UNISAME) Zulfikar Thaver said the Ministry of Commerce should rejuvenate Pakistan Export Finance…


Alliance Trade Finance increase pre-tax profit fivefold in 2003-04

Alliance Trade Finance Limited, the London-based transaction-based finance provider, has announced a pre-tax profit of Ј267,383 for the year to…


Bibby Financial Services welcomes industry face to the group

Bibby Financial Services, a global provider of business cash flow solutions, has announced today the signing of well-known industry face…


CIT Business Credit Canada acts as agent for new working…

Tembec Industries Inc. announced that it has put in place a new working capital loan facility with CIT Business Credit…


GE Commercial Finance appoints new Chief Marketing Officer

The Board of Directors of GE has approved the appointment of Tom M. Quindlen, as vice president and chief marketing…


Lloyds TSB Commercial Finance chooses OneSource business information to manage…

A UK market leader in asset-based lending, Lloyds TSB Commercial Finance (LTSBCF) is using the Professional and Financial Services Edition…


Coface aims for 20% export credit premium growth this year

The Chilean subsidiary of French credit insurer Coface is aiming to grow premiums by 20% this year on the back…


Heller Bank use Monarch to analyse reports and save time…

Heller Bank is one of the top factoring banks - nationally and internationally, with a reputation as one of the…


Grants Advisor Programme rols out through EU states

Three of the world’s largest technology companies have teamed up with the European Union to help smaller businesses get access…


Basel II accord unlikely to curb S Korean lending to…

A new international agreement on banks' capital adequacy is unlikely to sharply cut their lending to smaller companies, South Korea's…


Integrating trade finance and payments – article

Due to sheer volumes, most of the emphasis seen in banking-related journals tends to concentrate on pure payments processing (sometimes…


Better Payment Practice Group Chairman to serve second year in…

The Better Payment Practice Group (BPPG) has announced that Richard Wilson, head of Business Policy at the Institute of Directors,…


New financial company to serve Tennessee businesses

One of the country’s largest financial service providers, Cleveland-based National City Corp., is opening its first corporate banking office in…


China EXIM Bank Dalian to provide loan to Liaoning businesses

The Dalian Branch of the Export-Import Bank of China (China EXIM Bank), the only export-orientated policy bank in China, will…


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