BVRLA report finds that growth is back on the agenda for 2024

The vehicle rental and leasing sector is feeling positive about 2024, according to the latest BVRLA Industry Outlook report, which shows members are predicting growth across virtually all market segments, and feeling more confident about business conditions.

BVRLA report finds that growth is back on the agenda for 2024

Dec 08, 2023

The vehicle rental and leasing sector is feeling positive about 2024, according to the latest BVRLA Industry Outlook report, which shows members are predicting growth across virtually all market segments, and feeling more confident about business conditions.

Stark net zero gap revealed among UK SMEs

With climate talks at the COP28 conference ending this week, all attention has been on how the UK is maintaining and driving forward its commitment to achieving net zero for a 2050 deadline. But following the Government’s revised green targets earlier this year, research from specialist business lending provider, Simply Asset Finance, reveals that UK SMEs are still unclear on how they’ll meet climate goals.

Stark net zero gap revealed among UK SMEs

Dec 11, 2023

With climate talks at the COP28 conference ending this week, all attention has been on how the UK is maintaining and driving forward its commitment to achieving net zero for a 2050 deadline. But following the Government’s revised green targets earlier this year, research from specialist business lending provider, Simply Asset Finance, reveals that UK SMEs are still unclear on how they’ll meet climate goals.

Equipment Leasing & Finance Foundation elects officers for 2024

The US Equipment Leasing & Finance Foundation has announced the 2024 officers of its Board of Trustees: Zack Marsh, CLFP, SVP, Accounting and Analysis, AP Equipment Financing as Chair; Miles Herman, CEO, LEAF Commercial Capital, Inc. as Vice Chair; Peter Bullen, Group Head, Key Equipment Finance as Secretary/Treasurer; and Leigh Lytle, President and CEO, Equipment Leasing and Finance Association (ELFA) as President.

Equipment Leasing & Finance Foundation elects officers for 2024

Dec 08, 2023

The US Equipment Leasing & Finance Foundation has announced the 2024 officers of its Board of Trustees: Zack Marsh, CLFP, SVP, Accounting and Analysis, AP Equipment Financing as Chair; Miles Herman, CEO, LEAF Commercial Capital, Inc. as Vice Chair; Peter Bullen, Group Head, Key Equipment Finance as Secretary/Treasurer; and Leigh Lytle, President and CEO, Equipment Leasing and Finance Association (ELFA) as President.

 
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Asset Finance Europe 50 2023 - maintaining growth in turbulent times

The annual ranking of Europe’s leading asset finance providers today reveals the leasing companies that delivered industry growth during a year in which the asset finance industry continued to face a period of economic uncertainty. The Asset Finance Europe 50, sponsored by Alfa, is the unique European annual ranking survey of business equipment and fleet lessors that provides an objective overview of all parts of the European leasing market.

Asset Finance Europe 50 2023 - maintaining growth in turbulent times

Nov 09, 2023

The annual ranking of Europe’s leading asset finance providers today reveals the leasing companies that delivered industry growth during a year in which the asset finance industry continued to face a period of economic uncertainty. The Asset Finance Europe 50, sponsored by Alfa, is the unique European annual ranking survey of business equipment and fleet lessors that provides an objective overview of all parts of the European leasing market.

 

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Solifi Global Leasing Report 2023 reveals growth as the leasing industry emerges from the pandemic

The new Solifi Global Leasing Report 2023 reveals a promising 9.3% increase in new business volumes in 2021, as the global leasing industry emerged from the pandemic and equipment investments rebounded. The report highlights that the top 50 countries reported new business volume of US$1.463 billion in 2021, up from US$1.338 billion in 2020.

Solifi Global Leasing Report 2023 reveals growth as the leasing industry emerges from the pandemic

Mar 01, 2023

The new Solifi Global Leasing Report 2023 reveals a promising 9.3% increase in new business volumes in 2021, as the global leasing industry emerged from the pandemic and equipment investments rebounded. The report highlights that the top 50 countries reported new business volume of US$1.463 billion in 2021, up from US$1.338 billion in 2020.

 

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Cynergy Business Finance sign up for the 2024 Simply Cup

Cynergy Business Finance will be taking part in the 2024 Simply Cup charity football tournament, hoping to raise important funds for Cancer Research UK.

Cynergy Business Finance sign up for the 2024 Simply Cup

Dec 07, 2023

Cynergy Business Finance will be taking part in the 2024 Simply Cup charity football tournament, hoping to raise important funds for Cancer Research UK.

Driving the future: Sustainability strategies for fleets

Did you know that the transportation sector is responsible for more than 20%1 of UK carbon emissions? As country delegations, non-governmental organisations and global business leaders meet in Dubai for COP28, the automotive sector finds itself once again in the spotlight for its contribution to global warming.

Driving the future: Sustainability strategies for fleets

Dec 08, 2023

Did you know that the transportation sector is responsible for more than 20%1 of UK carbon emissions? As country delegations, non-governmental organisations and global business leaders meet in Dubai for COP28, the automotive sector finds itself once again in the spotlight for its contribution to global warming.

Alphabet strengthens international offering through new partnerships

Alphabet, global provider of business mobility solutions, has entered the Australian, New Zealand and Mexican markets through new partnerships with TIP México and FleetPartners, to further expand the company’s global reach.

Alphabet strengthens international offering through new partnerships

Dec 07, 2023

Alphabet, global provider of business mobility solutions, has entered the Australian, New Zealand and Mexican markets through new partnerships with TIP México and FleetPartners, to further expand the company’s global reach.

 

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CODIX partners with Lenvi to combat fraud

Global software provider, CODIX, has entered a strategic partnership with Lenvi, a fintech specialising in B2B consumer and commercial lending software and solutions. This collaboration aims to empower finance firms and fintech companies in identifying fraud trends and meeting compliance requirements.

CODIX partners with Lenvi to combat fraud

Dec 07, 2023

Global software provider, CODIX, has entered a strategic partnership with Lenvi, a fintech specialising in B2B consumer and commercial lending software and solutions. This collaboration aims to empower finance firms and fintech companies in identifying fraud trends and meeting compliance requirements.

Stellantis and Ample establish partnership to leverage battery swapping solution

Stellantis and Ample have signed a binding agreement to establish a partnership in electric vehicle (EV) battery charging technology capable of delivering a fully charged electric vehicle battery in less than five minutes. The two partners have agreed to work toward integrating Ample’s Modular Battery Swapping solution in Stellantis electric vehicles.

Stellantis and Ample establish partnership to leverage battery swapping solution

Dec 07, 2023

Stellantis and Ample have signed a binding agreement to establish a partnership in electric vehicle (EV) battery charging technology capable of delivering a fully charged electric vehicle battery in less than five minutes. The two partners have agreed to work toward integrating Ample’s Modular Battery Swapping solution in Stellantis electric vehicles.

Odessa appoints industry veteran Bob Johnson to grow auto finance division

Odessa, a provider of technology solutions for asset finance, has appointed Robert Johnson to lead automotive finance globally. Johnson, who previously was a managing director at EY, has more than 30 years’ experience supporting auto and equipment finance companies in developing and implementing core technologies.

Odessa appoints industry veteran Bob Johnson to grow auto finance division

Dec 07, 2023

Odessa, a provider of technology solutions for asset finance, has appointed Robert Johnson to lead automotive finance globally. Johnson, who previously was a managing director at EY, has more than 30 years’ experience supporting auto and equipment finance companies in developing and implementing core technologies.

 

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Cynergy Business Finance celebrates supporting over 200 UK businesses within first two years of trading

Cynergy Business Finance (CBF), the asset-based lending (ABL) arm of Cynergy Bank, marked two years of trading with a total of 211 new customers and associated funding limits reaching £346m.

Cynergy Business Finance celebrates supporting over 200 UK businesses within first two years of trading

Dec 07, 2023

Cynergy Business Finance (CBF), the asset-based lending (ABL) arm of Cynergy Bank, marked two years of trading with a total of 211 new customers and associated funding limits reaching £346m.

Consumer car finance new business volumes fell by 3% in October 2023

New figures released today by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell by 3% in October 2023 compared with the same month in 2022. The corresponding value of new business was 2% lower over the same period. In the ten months to October 2023, new business volumes remained 6% lower than in the same period in 2022.

Consumer car finance new business volumes fell by 3% in October 2023

Dec 07, 2023

New figures released today by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell by 3% in October 2023 compared with the same month in 2022. The corresponding value of new business was 2% lower over the same period. In the ten months to October 2023, new business volumes remained 6% lower than in the same period in 2022.

Asset finance new business grew by 11% in October 2023

New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew in October 2023 by 11% compared with the same month in 2022. In the ten months to October 2023, new business was 14% higher than in the same period in 2022.

Asset finance new business grew by 11% in October 2023

Dec 07, 2023

New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew in October 2023 by 11% compared with the same month in 2022. In the ten months to October 2023, new business was 14% higher than in the same period in 2022.

Tracy Watkinson appointed to Time Finance Board as Non-Executive Director

Time Finance has appointed Tracy Watkinson as Non-Executive Director. Tracy, who has held a number of board-level positions, has been appointed to the Time Finance board to support the delivery of its long-term growth strategy.

Tracy Watkinson appointed to Time Finance Board as Non-Executive Director

Dec 07, 2023

Time Finance has appointed Tracy Watkinson as Non-Executive Director. Tracy, who has held a number of board-level positions, has been appointed to the Time Finance board to support the delivery of its long-term growth strategy.

UK automotive industry welcomes plan to extend EV trade rules

The UK automotive industry has welcomed the European Commission’s proposal to extend the current ‘rules of origin’ for electric vehicle batteries under the Trade Cooperation Agreement (TCA) until 2027. The tariff exemptions, which were agreed as part of the Brexit deal, were due to end on January 1, 2024.

UK automotive industry welcomes plan to extend EV trade rules

Dec 07, 2023

The UK automotive industry has welcomed the European Commission’s proposal to extend the current ‘rules of origin’ for electric vehicle batteries under the Trade Cooperation Agreement (TCA) until 2027. The tariff exemptions, which were agreed as part of the Brexit deal, were due to end on January 1, 2024.

Allstar expands Alphabet partnership with enhanced EV payment solutions

Allstar, the fuel, EV and business expense payment provider, has expanded its existing partnership with leasing and business mobility expert, Alphabet (GB) to offer on-the-road and home charging payment solutions to its customers.

Allstar expands Alphabet partnership with enhanced EV payment solutions

Dec 07, 2023

Allstar, the fuel, EV and business expense payment provider, has expanded its existing partnership with leasing and business mobility expert, Alphabet (GB) to offer on-the-road and home charging payment solutions to its customers.

 

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Simply Cup 2024 live draw results are in!

The results of the Simply Cup live draw are in! ️In January 2024, 27 teams from across the asset f...

Simply Cup 2024 live draw results are in!

Dec 05, 2023

Paragon Bank’s SME lending division grows loan book as lending increases

Paragon Bank’s SME lending division grew its loan book by 5.0% in the 12 months to 30 September 20...

Paragon Bank’s SME lending division grows loan book as lending increases

Dec 06, 2023

Alfa unveils “Compose” in the first of six releases in Alfa Systems 6

Alfa has announced the first of six releases in Alfa Systems 6 - a breakthrough iteration of its s...

Alfa unveils “Compose” in the first of six releases in Alfa Systems 6

Dec 06, 2023

SMEs undecided about impact of artificial intelligence

Despite the significant rise in the profile of artificial intelligence (AI), the UK’s SMEs are lar...

SMEs undecided about impact of artificial intelligence

Dec 06, 2023