NetSol Technologies automates front- and back-office operations for China-based premium auto dealership group

NetSol Technologies has entered the implementation phase with DongZheng Auto Finance, a joint venture between ZhengTong Auto Services Holding Limited, a major premium branded dealership group in China, and DongFeng Motors Corporation, to automate its front and back-office finance and leasing operations.

 
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NetSol Technologies automates front- and back-office operations for China-based premium auto dealership group

Dec 17, 2014

NetSol Technologies has entered the implementation phase with DongZheng Auto Finance, a joint venture between ZhengTong Auto Services Holding Limited, a major premium branded dealership group in China, and DongFeng Motors Corporation, to automate its front and back-office finance and leasing operations.

Secure Trust Bank grants $1 million finance facility to UK electronic manufacturer Damson

Secure Trust Bank Commercial Finance has granted a $1 million invoice finance facility to UK-based consumer electronic company Damson Limited (Damson)

 
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Secure Trust Bank grants $1 million finance facility to UK electronic manufacturer Damson

Dec 17, 2014

Secure Trust Bank Commercial Finance has granted a $1 million invoice finance facility to UK-based consumer electronic company Damson Limited (Damson)

Spain reports late burst in new car sales – overtaking the UK in November

In November Spain overtook the UK to be the “powerhouse” of new car sales in the European Union (EU). During the month, passenger car registrations recorded moderate growth (+1.4%) on a year earlier, reaching 953,886 units sold and marking the fifteenth consecutive month of growth.

 
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Spain reports late burst in new car sales – overtaking the UK in November

Dec 16, 2014

In November Spain overtook the UK to be the “powerhouse” of new car sales in the European Union (EU). During the month, passenger car registrations recorded moderate growth (+1.4%) on a year earlier, reaching 953,886 units sold and marking the fifteenth consecutive month of growth.

FLY Leasing’s Barrington says company is in “excellent position” for 2015

FLY Leasing has grown its fleet to 127 aircraft following the delivery of three new Boeing 737-800s The three aircraft have been delivered to “a leading Asian airline” and are on 10-year leases.

 
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FLY Leasing’s Barrington says company is in “excellent position” for 2015

Dec 16, 2014

FLY Leasing has grown its fleet to 127 aircraft following the delivery of three new Boeing 737-800s The three aircraft have been delivered to “a leading Asian airline” and are on 10-year leases.

Belarus’ leasing industry set for rapid expansion as new law takes hold

For the last three months Belarus' leasing industry has been operating in the new legal conditions laid down by Belarus’ President Decree No. 99 dealing with leasing business regulation. In line with the decree, the National Bank of Belarus is now in charge of regulating all leasing business in the country. Working together with interested organizations and government agencies, the National Bank has prepared a package of legal acts to determine leasing operation procedures.

 
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Belarus’ leasing industry set for rapid expansion as new law takes hold

Dec 15, 2014

For the last three months Belarus' leasing industry has been operating in the new legal conditions laid down by Belarus’ President Decree No. 99 dealing with leasing business regulation. In line with the decree, the National Bank of Belarus is now in charge of regulating all leasing business in the country. Working together with interested organizations and government agencies, the National Bank has prepared a package of legal acts to determine leasing operation procedures.

Lessors forecast 2015 to be “breakout year” for US economy

2015 is predicted to be a breakout year for the US economy, with growth expected to top 3%. At the same time investment in equipment and software is expected to grow 6% in 2015, driven by a steadily improving economy.

 
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Lessors forecast 2015 to be “breakout year” for US economy

Dec 15, 2014

2015 is predicted to be a breakout year for the US economy, with growth expected to top 3%. At the same time investment in equipment and software is expected to grow 6% in 2015, driven by a steadily improving economy.

International Decision Systems appoints new leader of global services

International Decision Systems (IDS) has appointed Ng Leong as vice president of global services responsible for global customer success. Leong brings over 20 years of big-four consulting and in-depth services experience to IDS.  Most recently, he served as vice president of professional services at Flexera Software where he was instrumental in helping the company dramatically increase business volume by transforming its consulting and services organizations.

 
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International Decision Systems appoints new leader of global services

Dec 12, 2014

International Decision Systems (IDS) has appointed Ng Leong as vice president of global services responsible for global customer success. Leong brings over 20 years of big-four consulting and in-depth services experience to IDS.  Most recently, he served as vice president of professional services at Flexera Software where he was instrumental in helping the company dramatically increase business volume by transforming its consulting and services organizations.

Facing the challenge: connecting the emerging demand for finance with the new forms of funding

The British Business Bank (BBB) reports that almost half (46%) of UK small businesses are planning to grow in the next year. However, many are still unaware of all the alternative finance options available to them. Published in, Small Business Finance Markets 2014 – the first of a series of annual BBB reports on the state of smaller business finance markets in the UK – a study shows that the nature of demand for finance among small businesses is changing, with an increasing accent on growth.

 
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Facing the challenge: connecting the emerging demand for finance with the new forms of funding

Dec 10, 2014

The British Business Bank (BBB) reports that almost half (46%) of UK small businesses are planning to grow in the next year. However, many are still unaware of all the alternative finance options available to them. Published in, Small Business Finance Markets 2014 – the first of a series of annual BBB reports on the state of smaller business finance markets in the UK – a study shows that the nature of demand for finance among small businesses is changing, with an increasing accent on growth.

Lease accounting boards look beyond convergence

Officials from the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) spoke about the path forward on harmonizing US GAAP with International Financial Reporting Standards as the two boards near the end of their convergence efforts.

 
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Lease accounting boards look beyond convergence

Dec 10, 2014

Officials from the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) spoke about the path forward on harmonizing US GAAP with International Financial Reporting Standards as the two boards near the end of their convergence efforts.

The Legacy Funding Corporation’s unique way to speed payouts to charities

Income from legacies is an important source of funds for the UK not-for-profit sector accounting in real terms for between £1.7 billion and £2.1 billion each year. The problem for the sector, however, is that although recipients may know that the monies are due they don’t know when they will receive the funds. This is because the process of finalizing estates is often protected and the period between notification and legacy receipt can take many months.

 
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The Legacy Funding Corporation’s unique way to speed payouts to charities

Dec 09, 2014

Income from legacies is an important source of funds for the UK not-for-profit sector accounting in real terms for between £1.7 billion and £2.1 billion each year. The problem for the sector, however, is that although recipients may know that the monies are due they don’t know when they will receive the funds. This is because the process of finalizing estates is often protected and the period between notification and legacy receipt can take many months.

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The changing face of small business lending

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New car sales beat records but dipping residual values spark concern among UK lessors

The Society of Motor Manufacturers and Traders (SMMT) reports that UK new-car registrations rose b...

 
 
 
 
 
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