A United Trust Bank (UTB) survey of 108 brokers and intermediaries has shown concern over any further base rate increases.…
Hitachi survey show SME late payments at ‘epidemic’ levels
A survey of 1,200 businesses conducted by YouGov and supported by Hitachi Capital Business Finance has shown ongoing issues with SME late payments across sectors.…
ABN Amro-backed software house Cloud Lending to be acquired for $105m
US-based leasing software provider Cloud Lending is to be acquired by rival Q2 for $105m (£82.5m, €92.2m).…
Alphabet appoints UK head of remarketing
Alphabet, BMW Group’s car and van fleet leasing division, has appointed a head of remarketing for the UK.…
CMA survey: Handelsbanken top high street bank for UK SMEs
Handelsbanken UK has came out on top among British high street banks for SMEs’ satisfaction with relationship management, in the first such survey commissioned by …
FLA figures show slight decline for asset finance in June
Figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) fell in June by 3%…
Turkish lira freefall straining leasing backer EBRD, reports suggest
The slump in Turkey’s currency the lira could pose a sustainable but serious challenge to the European Bank for Reconstruction and Development, whose investments include wholesale capital loans …
Secure Trust Bank asset finance lending declines 21%
The half-year results for Secure Trust Bank asset finance have shown a ‘contraction’ in asset book lending, a year-on-year drop of 21% to £87.9m (€98.58m), …
Vanarama looks to machine learning for leasing brokerage
Van leasing brokerage company Vanarama is to focus on developments such as machine learning, in an attempt to interact with customers through improved IT services and more efficient credit checking sy…
BNP Paribas sets up Nordics leasing hub
BNP Paribas Leasing Solutions (BPLS) has geared up for expansion in the Nordics following the incorporation of Landkreditt Finans as its branch in Norway and …