CHP Consulting fields top cricketer

England and Yorkshire cricketer Jonny Bairstow has teamed up with asset finance software specialist CHP Consulting and will be displaying the firm’s branding on his bat for county and country, including the rest of the current England versus Pakistan series and the forthcoming tours in Bangladesh and India.

CHP Consulting fields top cricketer

Jul 21, 2016

England and Yorkshire cricketer Jonny Bairstow has teamed up with asset finance software specialist CHP Consulting and will be displaying the firm’s branding on his bat for county and country, including the rest of the current England versus Pakistan series and the forthcoming tours in Bangladesh and India.

BVRLA call for action on “grey fleet”

The British Vehicle Leasing and Rental Association (BVRLA) is calling on the government to tackle the challenges of the UK’s "grey fleet", after research showed workers using private vehicles for business is costing employers more than £5.5bn a year and undermining attempts to address environmental and road safety concerns.

BVRLA call for action on “grey fleet”

Jul 20, 2016

The British Vehicle Leasing and Rental Association (BVRLA) is calling on the government to tackle the challenges of the UK’s "grey fleet", after research showed workers using private vehicles for business is costing employers more than £5.5bn a year and undermining attempts to address environmental and road safety concerns.

Mobility as a Service: ditch the car and buy transport services instead

Sampo Hietanen, self-styled father of mobility and founder and CEO of fintech start-up MaaS Global Ltd sees the economics of mobility as being roughly similar in nature to the economics of paying for mobile phones. The average revenue that a company providing telecoms as a service can currently draw from an individual consumer to meet their telecommunication needs, he argues, is about €30 per month. In the same vein, the average revenue that an equivalent operator, offering mobility as a service (rather than telecoms as a service), should be able to draw is ten times that amount: €300 per month.

Mobility as a Service: ditch the car and buy transport services instead

Jul 20, 2016

Sampo Hietanen, self-styled father of mobility and founder and CEO of fintech start-up MaaS Global Ltd sees the economics of mobility as being roughly similar in nature to the economics of paying for mobile phones. The average revenue that a company providing telecoms as a service can currently draw from an individual consumer to meet their telecommunication needs, he argues, is about €30 per month. In the same vein, the average revenue that an equivalent operator, offering mobility as a service (rather than telecoms as a service), should be able to draw is ten times that amount: €300 per month.

International Auto Finance Network Conference, May 2016


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NetSol wins China leasing award

Global asset finance solutions provider NetSol Technologies has scooped a top accolade at the annual China Leasing Summit for the fourth year in a row, winning the “First Rate and Best Selling Finance and Leasing Solution Provider” award for 2016.

NetSol wins China leasing award

Jul 21, 2016

Global asset finance solutions provider NetSol Technologies has scooped a top accolade at the annual China Leasing Summit for the fourth year in a row, winning the “First Rate and Best Selling Finance and Leasing Solution Provider” award for 2016.

United Trust Bank joins Funding for Lending Scheme

United Trust Bank (UTB) has joined the Bank of England's Funding for Lending Scheme (FLS) and has reviewed the pricing for its asset finance offering to provide a competitive pricing and commission structure via its broker partners.

United Trust Bank joins Funding for Lending Scheme

Jul 19, 2016

United Trust Bank (UTB) has joined the Bank of England's Funding for Lending Scheme (FLS) and has reviewed the pricing for its asset finance offering to provide a competitive pricing and commission structure via its broker partners.

NetSol handles China VAT implementation in record time

Global leasing and financing solutions provider NetSol Technologies has completed key enhancements to its system implementations for six global auto captive clients operating in China, all within less than 60 days, in order to support new VAT handling requirements.

NetSol handles China VAT implementation in record time

Jul 19, 2016

Global leasing and financing solutions provider NetSol Technologies has completed key enhancements to its system implementations for six global auto captive clients operating in China, all within less than 60 days, in order to support new VAT handling requirements.

Predictions for post-Brexit buying boom

There are contradictory views on the impact that the UK’s surprise decision to exit the EU is likely to have new and used car sales, with suggestions that an immediate boom in new car purchases is likely to be overtaken by a readjustment in used car pricing. Early indications suggest the “Brexit” vote may prompt a surge in new car buying, with consumers anxious to make purchases before a weakening pound further erodes their savings and vehicle prices increase, according to analysis from the website buyacar.co.uk.

Predictions for post-Brexit buying boom

Jul 19, 2016

There are contradictory views on the impact that the UK’s surprise decision to exit the EU is likely to have new and used car sales, with suggestions that an immediate boom in new car purchases is likely to be overtaken by a readjustment in used car pricing. Early indications suggest the “Brexit” vote may prompt a surge in new car buying, with consumers anxious to make purchases before a weakening pound further erodes their savings and vehicle prices increase, according to analysis from the website buyacar.co.uk.


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Rejected financial applications damaging customer relationships

Turning customer down for finance can risk damaging customer relationships, according to research from credit rating specialist Equifax which found that almost two thirds (62%) of those whose applications are rejected report they are unlikely to use that company again in the future. The online survey, conducted by YouGov found that one in five (20%) of people in the UK have had an application for a financial product denied, and that 23% felt frustrated, 19% embarrassed and 12% upset by the experience.

Rejected financial applications damaging customer relationships

Jul 19, 2016

Turning customer down for finance can risk damaging customer relationships, according to research from credit rating specialist Equifax which found that almost two thirds (62%) of those whose applications are rejected report they are unlikely to use that company again in the future. The online survey, conducted by YouGov found that one in five (20%) of people in the UK have had an application for a financial product denied, and that 23% felt frustrated, 19% embarrassed and 12% upset by the experience.

Fiat Chrysler appoints two new leasing managers

Fiat Chrysler Automobiles UK (FCA) has announced two appointments to its leasing team, with Robert English named as national corporate and leasing manager and Mike Miles appointed contract hire and leasing manager (South).

Fiat Chrysler appoints two new leasing managers

Jul 19, 2016

Fiat Chrysler Automobiles UK (FCA) has announced two appointments to its leasing team, with Robert English named as national corporate and leasing manager and Mike Miles appointed contract hire and leasing manager (South).

ALD Automotive selected for public sector telematics push

ALD Automotive UK has been appointed to a new vehicle telematics framework set up by the government with the aim of encouraging public sector bodies to use the technology to manage and reduce costs, broadening the scope of its offering to this sector.

ALD Automotive selected for public sector telematics push

Jul 19, 2016

ALD Automotive UK has been appointed to a new vehicle telematics framework set up by the government with the aim of encouraging public sector bodies to use the technology to manage and reduce costs, broadening the scope of its offering to this sector.

New appointment at Innervision as lease management business expands its role

Innervision has appointed Maeve O’Connell as its new finance director. The new role has been created to help Innervision provide the same top quality service to its customers as the core lease management business expands and as it helps its customers prepare for the upcoming changes to global lease accounting.

New appointment at Innervision as lease management business expands its role

Jul 13, 2016

Innervision has appointed Maeve O’Connell as its new finance director. The new role has been created to help Innervision provide the same top quality service to its customers as the core lease management business expands and as it helps its customers prepare for the upcoming changes to global lease accounting.



Jaguar Land Rover to launch real-world tests of connected & autonomous vehicle technology

Jaguar Land Rover (JLR) plans to create a fleet of more than 100 research vehicles over the next four years, to develop and test a wide range of connected and autonomous vehicle (CAV) technologies. The first of these research cars will be driven on a new 41-mile test route on motorways and urban roads around Coventry and Solihull, UK, later this year.

Jaguar Land Rover to launch real-world tests of connected & autonomous vehicle technology

Jul 13, 2016

Jaguar Land Rover (JLR) plans to create a fleet of more than 100 research vehicles over the next four years, to develop and test a wide range of connected and autonomous vehicle (CAV) technologies. The first of these research cars will be driven on a new 41-mile test route on motorways and urban roads around Coventry and Solihull, UK, later this year.

Bibby Financial Services secures €150 million fund to support European SMEs

Bibby Financial Services (BFS) has secured a new three-year €150 million funding agreement with HSBC as part of its ongoing strategy to boost its support for SMEs across Europe. The funding is available for new and existing SME customers to access and will take BFS’ total funding capability across Europe to €1.1 billion.

Bibby Financial Services secures €150 million fund to support European SMEs

Jul 13, 2016

Bibby Financial Services (BFS) has secured a new three-year €150 million funding agreement with HSBC as part of its ongoing strategy to boost its support for SMEs across Europe. The funding is available for new and existing SME customers to access and will take BFS’ total funding capability across Europe to €1.1 billion.

LeasePlan partners with HCL Technologies for “transformation journey”

HCL Technologies (HCL) has signed a strategic technology partnership contract with LeasePlan, the global fleet management and driver mobility company. Under the terms of agreement, HCL will create group competency in collaboration with LeasePlan Information Services to provide IT solutions in various domains such as core leasing platforms, business intelligence and data warehousing solutions, enterprise IT solutions, and application development & maintenance services.

LeasePlan partners with HCL Technologies for “transformation journey”

Jul 12, 2016

HCL Technologies (HCL) has signed a strategic technology partnership contract with LeasePlan, the global fleet management and driver mobility company. Under the terms of agreement, HCL will create group competency in collaboration with LeasePlan Information Services to provide IT solutions in various domains such as core leasing platforms, business intelligence and data warehousing solutions, enterprise IT solutions, and application development & maintenance services.

Double-digit growth in consumer used car finance in May despite a cooling marketplace

UK Finance & Leasing Association (FLA) members report that the point-of-sale (POS) consumer used car finance market saw new business grow 22% by value and 18% by volume in May, compared with the same month last year.

Double-digit growth in consumer used car finance in May despite a cooling marketplace

Jul 12, 2016

UK Finance & Leasing Association (FLA) members report that the point-of-sale (POS) consumer used car finance market saw new business grow 22% by value and 18% by volume in May, compared with the same month last year.

Shaun Harris suggests how to keep ahead in retail auto finance despite it becoming a crowded market

Affordability has been central to the rise in new and used car sales as the increasing use of PCP and PCH finance demonstrates. In what may well be a tighter market, dealers can benefit from this affordability attribute with transparent monthly pricing at the crucial point of sale; that is online.

Shaun Harris suggests how to keep ahead in retail auto finance despite it becoming a crowded market

Jul 12, 2016

Affordability has been central to the rise in new and used car sales as the increasing use of PCP and PCH finance demonstrates. In what may well be a tighter market, dealers can benefit from this affordability attribute with transparent monthly pricing at the crucial point of sale; that is online.

Carl D’Ammassa and Aldermore Business Finance – Championing of young industry talent

This June Carl D’Ammassa accepted the post of chairman at the UK Leasing Foundation. The move was significant not least because of D’Ammassa’s commitment to developing all aspects of the asset finance industry - but also because of his belief in enriching the diversity and education of those seeking a career in the industry.

Carl D’Ammassa and Aldermore Business Finance – Championing of young industry talent

Jul 07, 2016

This June Carl D’Ammassa accepted the post of chairman at the UK Leasing Foundation. The move was significant not least because of D’Ammassa’s commitment to developing all aspects of the asset finance industry - but also because of his belief in enriching the diversity and education of those seeking a career in the industry.

New chief executive for Oracle Asset Finance

Prestige car finance specialist, Oracle Asset Finance, has appointed Mark Catton as CEO. Formerly...

Jeff Bunch joins Sword Apak as vice president of global sales

Sword Apak has revealed that industry veteran Jeff Bunch has joined the team as Global VP of sales...