United Trust Bank’s asset finance division grows with new people and new specialisms

United Trust Bank (UTB) has appointed Alan Munday (pictured), as a credit manager as the bank continues to develop and grow its Asset Finance business. Munday joins UTB from Hitachi Capital UK and brings with him some 30-years’ experience in the asset finance industry. He is MCIM (Chartered Institute of Marketing) qualified and has worked with a number of high profile funders in senior credit and collections roles including the Bank of Scotland Group and GE Capital.

United Trust Bank’s asset finance division grows with new people and new specialisms

Jul 23, 2014

United Trust Bank (UTB) has appointed Alan Munday (pictured), as a credit manager as the bank continues to develop and grow its Asset Finance business. Munday joins UTB from Hitachi Capital UK and brings with him some 30-years’ experience in the asset finance industry. He is MCIM (Chartered Institute of Marketing) qualified and has worked with a number of high profile funders in senior credit and collections roles including the Bank of Scotland Group and GE Capital.

CIT Group acquires OneWest Bank for $3.4bn in cash and stock

CIT Group is set to acquire OneWest Bank N.A. (OneWest Bank), the subsidiary of IMB Holdco LLC, for $3.4 billion in cash and stock. OneWest Bank is a privately owned regional bank formed in 2009 that operates 73 retail branches in Southern California, with approximately $23 billion in assets, including commercial and residential mortgage loans, and $15 billion in deposits. Following the close of the transaction, CIT Bank, CIT’s banking subsidiary, will merge with OneWest Bank under the CIT Bank name and CIT will have assets of $67 billion and $28 billion in deposits. 

CIT Group acquires OneWest Bank for $3.4bn in cash and stock

Jul 22, 2014

CIT Group is set to acquire OneWest Bank N.A. (OneWest Bank), the subsidiary of IMB Holdco LLC, for $3.4 billion in cash and stock. OneWest Bank is a privately owned regional bank formed in 2009 that operates 73 retail branches in Southern California, with approximately $23 billion in assets, including commercial and residential mortgage loans, and $15 billion in deposits. Following the close of the transaction, CIT Bank, CIT’s banking subsidiary, will merge with OneWest Bank under the CIT Bank name and CIT will have assets of $67 billion and $28 billion in deposits. 

Odessa Technologies wins Operations & Technology Excellence accolade for fourth time

Odessa Technologies has won the US Equipment Leasing and Finance Association’s Operations & Technology Excellence (O&TE) Award for its 2014 implementation of LeaseWave at BB&T Equipment Finance Corporation. 

Odessa Technologies wins Operations & Technology Excellence accolade for fourth time

Jul 22, 2014

Odessa Technologies has won the US Equipment Leasing and Finance Association’s Operations & Technology Excellence (O&TE) Award for its 2014 implementation of LeaseWave at BB&T Equipment Finance Corporation. 

     
GE

Fast Forward your career with GE
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UK Wide opportunities

GE Capital is a leading provider of specialist finance, providing a wide range of solutions to almost 40,000 UK businesses.

Grow Your Career with GE Capital UK as part of our Commercial Equipment Finance business. We are looking for talented new business originators, and Account Managers across the UK to join our successful team and support our continued ambitious growth plans in the office equipment and technology finance segments.

In return for commitment and hard work GE offers competitive compensation and the ability to grow and develop your career. We invest heavily in the development of our people to help enable them to meet their ambitious career aspirations.

To be considered please apply at www.gecareers.com searching under reference 1970806 or for a confidential discussion please call
Ellie FitzGibbon 0207 1601279 in full confidence. GE works.

 

 
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Henry Howard Finance set for stellar growth following Cabot Square’s investment

Cabot Square Capital, the specialist financial services private equity investor, has made a £25m investment in Henry Howard Finance (HHF), with the aim of enabling it to increase its provision of finance for SMEs.  Mark Crook, chief operating officer at HHF, told Asset Finance International that the shortage of SME financing from banks in the wake of the credit crisis has created a significant opportunity for the company which was established some 18 years ago in Newport, South Wales, UK, and which also has a satellite office in London.

Henry Howard Finance set for stellar growth following Cabot Square’s investment

Jul 22, 2014

Cabot Square Capital, the specialist financial services private equity investor, has made a £25m investment in Henry Howard Finance (HHF), with the aim of enabling it to increase its provision of finance for SMEs.  Mark Crook, chief operating officer at HHF, told Asset Finance International that the shortage of SME financing from banks in the wake of the credit crisis has created a significant opportunity for the company which was established some 18 years ago in Newport, South Wales, UK, and which also has a satellite office in London.

CHP Consulting’s global growth acknowledged in Sunday Times’ International Track 200

CHP Consulting has achieved 73rd position in the UK  Sunday Times' 2014 International Track 200, which tracks outstanding international growth in Britain's mid-market private companies. CHP has become a key exporter of IT and consultancy services to the equipment and consumer finance sector, with nearly 50% average annual growth in international sales between 2010 and 2012.

CHP Consulting’s global growth acknowledged in Sunday Times’ International Track 200

Jul 21, 2014

CHP Consulting has achieved 73rd position in the UK  Sunday Times' 2014 International Track 200, which tracks outstanding international growth in Britain's mid-market private companies. CHP has become a key exporter of IT and consultancy services to the equipment and consumer finance sector, with nearly 50% average annual growth in international sales between 2010 and 2012.

Aircraft leasing deals mark high point at Farnborough as F-35 Strike Fighter fails to show

The new US-built F-35 stealth fighter jet did not appear as planned at Britain's Farnborough air show last week. The entire fleet of F-35s, set to become the backbone of much of the air defences of several Western countries, was grounded in the US last week because of an engine fire.  The disappointment was not shared by aircraft lessors, however, who experienced a record level of new business.

Aircraft leasing deals mark high point at Farnborough as F-35 Strike Fighter fails to show

Jul 21, 2014

The new US-built F-35 stealth fighter jet did not appear as planned at Britain's Farnborough air show last week. The entire fleet of F-35s, set to become the backbone of much of the air defences of several Western countries, was grounded in the US last week because of an engine fire.  The disappointment was not shared by aircraft lessors, however, who experienced a record level of new business.

Sofico’s new acquisition fits expansion plans

Sofico has acquired the French IT solutions company, Car Systems. Founded in 1985 and based in Avignon, France, Car Systems provides fleet software solutions and hosting for short and long term car, van and truck rental operators. Its business activities cover France and southern Europe and it employs a staff of around 20 employees.

Sofico’s new acquisition fits expansion plans

Jul 18, 2014

Sofico has acquired the French IT solutions company, Car Systems. Founded in 1985 and based in Avignon, France, Car Systems provides fleet software solutions and hosting for short and long term car, van and truck rental operators. Its business activities cover France and southern Europe and it employs a staff of around 20 employees.

Alan Mulally joins Google as autonomous car manufacture gains pace

Automotive lenders, both fleet and retail, are evaluating the significance of Alan Mulally’s recent appointment to the Board of Google Inc. Mulally, a veteran corporate executive of the automotive and aviation industries is initially to serve on Google’s audit committee. His appointment was effective July 9, 2014.

Alan Mulally joins Google as autonomous car manufacture gains pace

Jul 16, 2014

Automotive lenders, both fleet and retail, are evaluating the significance of Alan Mulally’s recent appointment to the Board of Google Inc. Mulally, a veteran corporate executive of the automotive and aviation industries is initially to serve on Google’s audit committee. His appointment was effective July 9, 2014.

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Aircraft leasing orders flow fast at Farnborough

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