Hampshire Trust Bank (HTB) has relaunched its Asset Finance division as Specialist Business Finance.…
Fleetcheck: status of company car is changing August 20, 2019 Brian Cantwell Interserve lenders eye heavy write-downs after second rescue deal sought
Public outsourcing company Interserve has sought a rescue deal from the UK government to help it with roughly £500m worth of debt, as Interserve lenders …
Arbuthnot Commercial ABL backs Ralph Coleman MBO for £2m
Arbuthnot Commercial Asset Based Lending (ABL) has provided a £2m invoice discounting facility for a management buy out of a retail food supply chain company, …
Italy’s Banca IFIS in Jungheinrich vendor finance partnership
Italy’s Banca IFIS has entered a vendor finance partnership with yellow goods manufacturer Jungheinrich in the country.…
CYBG gets capital boost from own weighting of SME portfolio
The BoE said CYBG could use its own model to weigh risk on its SME and corporate loanbook, improving the accuracy of its risk to asset ratio and the equity buffer in the bank.…
Santander UK provides £20m funding to automotive parts supplier
First Line, a UK-based supplier of automotive components to the vehicle aftermarket, has received £20m in funding from Santander UK.…
British Business Bank pumps £25m equity into Secure Trust Bank
British Business Investments, the investment arm of wholesale funder British Business Bank has injected £25m (€28m) of equity capital into Secure Trust Bank (STB).…
Handelsbanken Edgbaston backs Mechatronic for warehouse robot leasing
Handelsbanken UK has enter a vendor finance agreement with Birmingham-based Mechatronic to offer leasing on warehouse robots.…
PCF Bank to acquire media lessor Azule for £5.6m
PCF Bank has agreed to acquire media equipment lessor Azule Finance for £5.6m (€6.3m), which will give it access to a previously untapped asset class and a post-Brexit foothold in Europe.…
BNP Paribas appoints UK head for commercial vehicle leasing
BNP Paribas Leasing Solutions has appointed the UK head for Rental Solutions, the lessor’s unit for commercial vehicle leasing.…
