Time Finance appoint Matthew Ridgley as Asset Manager

Time Finance has announced the appointment of Matthew Ridgley as Asset Manager. Joining with 17 years’ industry experience, Matthew started his career in asset management at Bank of Scotland and Siemens Financial Services before moving into a sub hire auditor role at Lombard Asset Finance. In his most recent position at Aldermore Bank, he was responsible for undertaking the valuation of business assets and managing end of contract disposals.

Time Finance appoint Matthew Ridgley as Asset Manager

Jun 01, 2023

Time Finance has announced the appointment of Matthew Ridgley as Asset Manager. Joining with 17 years’ industry experience, Matthew started his career in asset management at Bank of Scotland and Siemens Financial Services before moving into a sub hire auditor role at Lombard Asset Finance. In his most recent position at Aldermore Bank, he was responsible for undertaking the valuation of business assets and managing end of contract disposals.

Approved Finance Group launches new tax division

Milton Keynes-based asset finance brokerage Approved Finance Group has announced the launch of Approved Tax Limited (ATL), its new division designed to support SMEs with innovative funding solutions. Its new specialist tax advisory focuses on incentives and original funding for areas such as Research & Development Tax Relief, Stamp Duty Land Tax, Capital Allowances and Land Remediation Relief.

Approved Finance Group launches new tax division

Jun 01, 2023

Milton Keynes-based asset finance brokerage Approved Finance Group has announced the launch of Approved Tax Limited (ATL), its new division designed to support SMEs with innovative funding solutions. Its new specialist tax advisory focuses on incentives and original funding for areas such as Research & Development Tax Relief, Stamp Duty Land Tax, Capital Allowances and Land Remediation Relief.

ESG Unconference Workshop Summary: What do we need to do to enable the transition from dirty to green assets?

Following the Asset Finance Connect ESG senior leadership interview with Odile de Saivre, CEO of Societe Generale Equipment Finance, and Sacha Balachandran, head of equipment finance at HSBC, sustainability representatives from the equipment finance industry attended a participative workshop to further explore and address the opportunities and challenges associated with funding green assets as we transition to net zero.

ESG Unconference Workshop Summary: What do we need to do to enable the transition from dirty to green assets?

May 30, 2023

Following the Asset Finance Connect ESG senior leadership interview with Odile de Saivre, CEO of Societe Generale Equipment Finance, and Sacha Balachandran, head of equipment finance at HSBC, sustainability representatives from the equipment finance industry attended a participative workshop to further explore and address the opportunities and challenges associated with funding green assets as we transition to net zero.

 
 

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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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Asset Finance Europe 50 2022 - delivering growth in a challenging market

The annual ranking of Europe’s leading asset finance providers reveals today the leasing companies that delivered industry growth during a year in which the asset finance industry continued to navigate the challenges and knock-on effects of the Covid pandemic.

Asset Finance Europe 50 2022 - delivering growth in a challenging market

Dec 20, 2022

The annual ranking of Europe’s leading asset finance providers reveals today the leasing companies that delivered industry growth during a year in which the asset finance industry continued to navigate the challenges and knock-on effects of the Covid pandemic.

 

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Consumer Duty: what to expect post implementation deadline

Free to attend workshop – limited places available After the Consumer Duty comes into force on 31 July, the FCA have said they will act swiftly and assertively where it finds evidence of harm or risk of harm to consumers. This workshop will help build an understanding of what to expect immediately following the implementation date.

Consumer Duty: what to expect post implementation deadline

May 31, 2023

Free to attend workshop – limited places available After the Consumer Duty comes into force on 31 July, the FCA have said they will act swiftly and assertively where it finds evidence of harm or risk of harm to consumers. This workshop will help build an understanding of what to expect immediately following the implementation date.

White Oak expands commitment to legal sector with Law Society of Scotland partnership

  Non-bank lender White Oak has announced a new partnership with the Law Society of Scotland (LSOS). The new initiative will strengthen White Oak’s collaboration with the legal sector, providing LSOS’s 12,000 Scottish solicitors and their clients with access to flexible funding solutions to support their growth ambitions.

White Oak expands commitment to legal sector with Law Society of Scotland partnership

May 31, 2023

  Non-bank lender White Oak has announced a new partnership with the Law Society of Scotland (LSOS). The new initiative will strengthen White Oak’s collaboration with the legal sector, providing LSOS’s 12,000 Scottish solicitors and their clients with access to flexible funding solutions to support their growth ambitions.

The surging popularity of invoice finance

With cash being crucial to business survival and growth, SMEs need to access cash through alternative funding solutions to continue to enable them to adapt, innovate and grow. Invoice finance is one of the most effective ways for businesses to improve cash flow and sustain growth in today’s uncertain climate.

The surging popularity of invoice finance

May 31, 2023

With cash being crucial to business survival and growth, SMEs need to access cash through alternative funding solutions to continue to enable them to adapt, innovate and grow. Invoice finance is one of the most effective ways for businesses to improve cash flow and sustain growth in today’s uncertain climate.

 
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Factoring Finans chooses Lendscape for factoring technology

Norwegian business finance provider, Factoring Finans, has selected international secured finance technology vendor, Lendscape, as their new factoring technology partner. Recognising the need for a robust and adaptable solution to enhance their factoring operations, Factoring Finans selected Lendscape's technology to meet their evolving business requirements.

Factoring Finans chooses Lendscape for factoring technology

May 31, 2023

Norwegian business finance provider, Factoring Finans, has selected international secured finance technology vendor, Lendscape, as their new factoring technology partner. Recognising the need for a robust and adaptable solution to enhance their factoring operations, Factoring Finans selected Lendscape's technology to meet their evolving business requirements.

Stellantis electrification transition in full swing with first ACC battery gigafactory

Together with TotalEnergies and Mercedes-Benz, Stellantis has celebrated the inauguration of Automotive Cells Company’s (ACC) battery gigafactory in Billy-Berclau Douvrin, France, the first of three planned in Europe. With an initial production line capacity of 13 gigawatt-hours (GWh), rising to 40GWh by 2030, the facility will deliver high-performance lithium-ion batteries with a minimal CO2 footprint.

Stellantis electrification transition in full swing with first ACC battery gigafactory

May 30, 2023

Together with TotalEnergies and Mercedes-Benz, Stellantis has celebrated the inauguration of Automotive Cells Company’s (ACC) battery gigafactory in Billy-Berclau Douvrin, France, the first of three planned in Europe. With an initial production line capacity of 13 gigawatt-hours (GWh), rising to 40GWh by 2030, the facility will deliver high-performance lithium-ion batteries with a minimal CO2 footprint.

Time Finance and Open InVoice Finance deliver £1.1million ABL facility

Time Finance and Open InVoice Finance have delivered a £1.1million asset based lending (ABL) facility to aid the expansion of a growing steel structural engineering firm in the South East of England. The business’s financial consultant, Open InVoice Finance, was brought on board to assist the engineering firm in finding an asset-based lender, after its existing funder had exited the market.

Time Finance and Open InVoice Finance deliver £1.1million ABL facility

May 30, 2023

Time Finance and Open InVoice Finance have delivered a £1.1million asset based lending (ABL) facility to aid the expansion of a growing steel structural engineering firm in the South East of England. The business’s financial consultant, Open InVoice Finance, was brought on board to assist the engineering firm in finding an asset-based lender, after its existing funder had exited the market.

 
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Martin Bugden joins Bibby Asset Finance to support growth ambitions

Bibby Asset Finance, the asset finance division of Bibby Financial Services (BFS), has announced a new senior hire in the next stage of its refocused growth strategy to increase lending throughout the UK. This latest appointment follows a series of hires across the team, announced in February of this year. With 15 years of experience in the financial services sector, Martin Bugden joins Bibby Asset Finance as Senior Business Development Manager from his previous role at PCF Bank.

Martin Bugden joins Bibby Asset Finance to support growth ambitions

May 30, 2023

Bibby Asset Finance, the asset finance division of Bibby Financial Services (BFS), has announced a new senior hire in the next stage of its refocused growth strategy to increase lending throughout the UK. This latest appointment follows a series of hires across the team, announced in February of this year. With 15 years of experience in the financial services sector, Martin Bugden joins Bibby Asset Finance as Senior Business Development Manager from his previous role at PCF Bank.

LGB increase Simply’s MTN programme to £65m

LGB Capital Markets has arranged an increase to the Medium Term Note (MTN) programme of Simply Asset Finance from £39 million to £65 million. Simply Asset Finance is a top 50 UK asset finance provider with a well distributed customer base across the UK and diversified asset classes. It offers finance products as a secured lender to SMEs to fund the purchase of business-critical equipment and to free up working capital.

LGB increase Simply’s MTN programme to £65m

May 30, 2023

LGB Capital Markets has arranged an increase to the Medium Term Note (MTN) programme of Simply Asset Finance from £39 million to £65 million. Simply Asset Finance is a top 50 UK asset finance provider with a well distributed customer base across the UK and diversified asset classes. It offers finance products as a secured lender to SMEs to fund the purchase of business-critical equipment and to free up working capital.

New survey reveals what motorists want from their retail journey

A quarter of car buyers would be happy to purchase online today, while three-quarters say a website’s ‘quality’ would most likely influence their buying decisions, according to a new survey by Regit. Regit Founder and CEO Chris Ashton-Green says answers provided by 3,000 digital garage users show how important a high quality online presence is.

New survey reveals what motorists want from their retail journey

May 30, 2023

A quarter of car buyers would be happy to purchase online today, while three-quarters say a website’s ‘quality’ would most likely influence their buying decisions, according to a new survey by Regit. Regit Founder and CEO Chris Ashton-Green says answers provided by 3,000 digital garage users show how important a high quality online presence is.

OSB Group match InterBay Asset Finance’s £10k AFPA Trust Big Quiz win for chosen charity

Parent bank, OSB Group plc, has agreed to match InterBay Asset Finance’s £10,000 first prize win from the AFPA Trust Big Quiz for homeless charity Depaul UK, who will now be receiving a massive £20,000! Depaul UK works to provide safe housing, practical support and education opportunities for young people who are homeless or at risk of homelessness. Their vision is to end homelessness and change the lives of those affected by it.

OSB Group match InterBay Asset Finance’s £10k AFPA Trust Big Quiz win for chosen charity

May 25, 2023

Parent bank, OSB Group plc, has agreed to match InterBay Asset Finance’s £10,000 first prize win from the AFPA Trust Big Quiz for homeless charity Depaul UK, who will now be receiving a massive £20,000! Depaul UK works to provide safe housing, practical support and education opportunities for young people who are homeless or at risk of homelessness. Their vision is to end homelessness and change the lives of those affected by it.

MotoNovo continues to ramp up its dealer support in preparation for the Consumer Duty

As well as ensuring its technology, people, and processes are ready for the July 31st launch date for the Financial Conduct Authority’s (FCA) Consumer Duty, MotoNovo Finance has helped over 2,000 dealers/brokers across the UK to prepare for the launch by completing Distributor Readiness Assessments (DRAs).

MotoNovo continues to ramp up its dealer support in preparation for the Consumer Duty

May 25, 2023

As well as ensuring its technology, people, and processes are ready for the July 31st launch date for the Financial Conduct Authority’s (FCA) Consumer Duty, MotoNovo Finance has helped over 2,000 dealers/brokers across the UK to prepare for the launch by completing Distributor Readiness Assessments (DRAs).

 

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NatWest to provide £1bn in additional lending to UK manufacturing to support net zero transition

NatWest has announced that, from today, it aims to provide an additional £1billion in lending to t...

NatWest to provide £1bn in additional lending to UK manufacturing to support net zero transition

May 26, 2023

Businesses strive for growth as funding enquiries increase by 277% in 2023

With the cost-of-living crisis and rising inflation rates reducing disposable income for household...

Businesses strive for growth as funding enquiries increase by 277% in 2023

May 25, 2023

SGEF UK awarded Silver rating from EcoVadis

SGEF UK has been awarded a Silver rating from EcoVadis, one of the world’s most trusted and indepe...

SGEF UK awarded Silver rating from EcoVadis

May 26, 2023

Asset Finance Connect welcomes Paragon as newest Corporate Member

Asset Finance Connect (AFC) is pleased to announce that specialist finance provider Paragon has be...

Asset Finance Connect welcomes Paragon as newest Corporate Member

May 25, 2023

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