Bibby forecasts strong H2 following 50% leap in prospects

Bibby Financial Services (BFS) in America is forecasting a strong second half of 2017 after seeing increases in funding lines provided across all business segments and successful client retention in the first half of the year.

Bibby forecasts strong H2 following 50% leap in prospects

Jul 21, 2017

Bibby Financial Services (BFS) in America is forecasting a strong second half of 2017 after seeing increases in funding lines provided across all business segments and successful client retention in the first half of the year.

Amicus Commercial Finance funds growth for Star Wars logistics company

Amicus Commercial Finance has agreed an invoice discounting package with global logistics company DMS International. DMS International is based out of three strategic locations, with two around the main London airports of Heathrow and Gatwick and another in Los Angeles. Its services include supply chain management, warehousing, fulfillment, distribution and global transportation.

Amicus Commercial Finance funds growth for Star Wars logistics company

Jul 21, 2017

Amicus Commercial Finance has agreed an invoice discounting package with global logistics company DMS International. DMS International is based out of three strategic locations, with two around the main London airports of Heathrow and Gatwick and another in Los Angeles. Its services include supply chain management, warehousing, fulfillment, distribution and global transportation.

Nordea steps into sustainable finance market with green bond

Nordea has issued its first-ever green bond, worth €500 million, which commits to use funds to invest in supporting environmentally-friendly projects.

Nordea steps into sustainable finance market with green bond

Jul 20, 2017

Nordea has issued its first-ever green bond, worth €500 million, which commits to use funds to invest in supporting environmentally-friendly projects.

“Getting the right technology” imperative for new digitised auto finance marketplace

The car buying process is an increasingly online process, both for traditional manufacturers and also because of new online challengers ranging from Rockar to global internet shopping giant Amazon. Lenders shouldn’t delay because they are trying to pick a single winner in the technology platform race, according to Richard Jones, managing director of Black Horse, who was recently named chairman of the UK Finance and Leasing Association.

“Getting the right technology” imperative for new digitised auto finance marketplace

Jul 12, 2017

The car buying process is an increasingly online process, both for traditional manufacturers and also because of new online challengers ranging from Rockar to global internet shopping giant Amazon. Lenders shouldn’t delay because they are trying to pick a single winner in the technology platform race, according to Richard Jones, managing director of Black Horse, who was recently named chairman of the UK Finance and Leasing Association.

Key Equipment Finance funds major solar energy scheme

Key Equipment Finance, one of the USA’s largest bank-held equipment finance companies, has provided financing for 16 community solar projects across Massachusetts.

Key Equipment Finance funds major solar energy scheme

Jul 20, 2017

Key Equipment Finance, one of the USA’s largest bank-held equipment finance companies, has provided financing for 16 community solar projects across Massachusetts.

Auto finance industry ‘will miss GDPR compliance deadline’

Most companies will not be compliant by next year’s deadline for the EU General Data Protection Regulation (GDPR) because of the complexities involved in adapting to new standards, an industry expert has warned.

Auto finance industry ‘will miss GDPR compliance deadline’

Jul 19, 2017

Most companies will not be compliant by next year’s deadline for the EU General Data Protection Regulation (GDPR) because of the complexities involved in adapting to new standards, an industry expert has warned.

Manheim acquisition in Brazil to drive regional growth

Global vehicle remarketing company Manheim has acquired Pacto São Paulo in Brazil as part of a regional development plan.

Manheim acquisition in Brazil to drive regional growth

Jul 19, 2017

Global vehicle remarketing company Manheim has acquired Pacto São Paulo in Brazil as part of a regional development plan.

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British Business Bank builds SME awareness of new finance choices

The British Business Bank has increased its total business funding to £9.2 billion and helped create a more diverse finance market for SMEs, its annual report reveals.

British Business Bank builds SME awareness of new finance choices

Jul 19, 2017

The British Business Bank has increased its total business funding to £9.2 billion and helped create a more diverse finance market for SMEs, its annual report reveals.

EIB and Santander help Spanish business growth

The European Investment Bank (EIB) and Banco Santander have signed two agreements to provide financing for Spanish SMEs and help develop investment in renewable energy.

EIB and Santander help Spanish business growth

Jul 19, 2017

The European Investment Bank (EIB) and Banco Santander have signed two agreements to provide financing for Spanish SMEs and help develop investment in renewable energy.

Green assets to drive future fleet investment

More than half of UK fleets have introduced alternative fuels or plan to do so in the next three years, new research has revealed. The finding comes from the 2017 edition of Arval’s Corporate Vehicle Observatory Barometer, research which covers 3,847 fleets.

Green assets to drive future fleet investment

Jul 18, 2017

More than half of UK fleets have introduced alternative fuels or plan to do so in the next three years, new research has revealed. The finding comes from the 2017 edition of Arval’s Corporate Vehicle Observatory Barometer, research which covers 3,847 fleets.

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Dianrong acquires asset-origination operations of Quark Finance

Fintech lender Dianrong has acquired Quark Finance’s asset-origination operations to expand its existing business across China.

Dianrong acquires asset-origination operations of Quark Finance

Jul 17, 2017

Fintech lender Dianrong has acquired Quark Finance’s asset-origination operations to expand its existing business across China.

Adapting finance for the 21st century

For millions of people around the country, it is our contactless cards we reach for to pick up a coffee on the way to work and our mobile phones we use to check our bank balances on the go. Since the introduction of the first banking app in the UK just six years ago, around 20 million people now use them up and down the country. Nearly one billion banking transactions were made via a mobile app last year, an increase of nearly 60% on 2015.

Adapting finance for the 21st century

Jul 17, 2017

For millions of people around the country, it is our contactless cards we reach for to pick up a coffee on the way to work and our mobile phones we use to check our bank balances on the go. Since the introduction of the first banking app in the UK just six years ago, around 20 million people now use them up and down the country. Nearly one billion banking transactions were made via a mobile app last year, an increase of nearly 60% on 2015.

Lessor chooses suppliers as it launches aviation leasing business

Tibet Financial Leasing has signed Memorandums of Understanding with Boeing and Airbus for new aircraft worth more than $3 billion as it launches its aviation leasing business. Tibet Financial Leasing, which is registered in Lhasa Economic and Technological Development Zone, was established as the first financial leasing company in Tibet Autonomous Region in 2015, with approval from China Banking Regulatory Commission.

Lessor chooses suppliers as it launches aviation leasing business

Jul 17, 2017

Tibet Financial Leasing has signed Memorandums of Understanding with Boeing and Airbus for new aircraft worth more than $3 billion as it launches its aviation leasing business. Tibet Financial Leasing, which is registered in Lhasa Economic and Technological Development Zone, was established as the first financial leasing company in Tibet Autonomous Region in 2015, with approval from China Banking Regulatory Commission.

Asset finance to play key role in EU clean bus initiative

A pan-European commitment to more than double the use of low-emission buses in a multi-billion Euro programme will be driven by support and guidance from the finance industry. The Clean Bus Deployment Initiative was launched by Violeta Bulc, who has served as European Commissioner for Transport since 2014.

Asset finance to play key role in EU clean bus initiative

Jul 13, 2017

A pan-European commitment to more than double the use of low-emission buses in a multi-billion Euro programme will be driven by support and guidance from the finance industry. The Clean Bus Deployment Initiative was launched by Violeta Bulc, who has served as European Commissioner for Transport since 2014.

Commercial vehicles drive UK leasing growth

The total business fleet leasing market for cars and vans has grown 6.5% year-on-year to 1.345 million, with commercial vehicles accounting for most of the growth, new research reveals.

Commercial vehicles drive UK leasing growth

Jul 13, 2017

The total business fleet leasing market for cars and vans has grown 6.5% year-on-year to 1.345 million, with commercial vehicles accounting for most of the growth, new research reveals.

Investec launches broker insights hub 

Investec Asset Finance has launched an online content hub dedicated to serving the needs of the UK asset finance broker community. Broker Insights will provide regular updates and information about the UK’s business environment, relevant to the asset finance industry.

Investec launches broker insights hub 

Jul 13, 2017

Investec Asset Finance has launched an online content hub dedicated to serving the needs of the UK asset finance broker community. Broker Insights will provide regular updates and information about the UK’s business environment, relevant to the asset finance industry.

Two new team members join Hitachi Capital Business Finance

Hitachi Capital Business Finance has appointed two new members of staff to its vendor finance team as business development managers. Ian Smith (pictured above) joins with 30 years’ experience in the banking and finance industry, having started his career with HSBC Bank and most recently worked at Aldermore Bank.

Two new team members join Hitachi Capital Business Finance

Jul 13, 2017

Hitachi Capital Business Finance has appointed two new members of staff to its vendor finance team as business development managers. Ian Smith (pictured above) joins with 30 years’ experience in the banking and finance industry, having started his career with HSBC Bank and most recently worked at Aldermore Bank.

EIB loans €400m to Eximbank to support small businesses in Hungary

The European Investment Bank (EIB) is tackling the issue of restricted access to business finance ...

IKB Leasing Group sold to HPS Investment Partners

IKB Deutsche Industriebank has agreed the sale of the IKB Leasing Group to investment funds manage...