Most UK small businesses well-versed in ‘no-deal’ Brexit implications

Most UK SME business owners claim to be ‘well-versed’ on what a no-deal Brexit would mean for the UK, according to the latest research from AF50-listed Close Brothers Asset Finance. Its survey of 850 UK-based SMEs showed the majority of owners have not changed their original views on the 2016 referendum on the UK’s membership of the EU, but 25% of former ‘remainer’ SME business owners now want to leave, while 13% of ‘leavers’ now want to remain.

Most UK small businesses well-versed in ‘no-deal’ Brexit implications

Sep 13, 2019

Most UK SME business owners claim to be ‘well-versed’ on what a no-deal Brexit would mean for the UK, according to the latest research from AF50-listed Close Brothers Asset Finance. Its survey of 850 UK-based SMEs showed the majority of owners have not changed their original views on the 2016 referendum on the UK’s membership of the EU, but 25% of former ‘remainer’ SME business owners now want to leave, while 13% of ‘leavers’ now want to remain.

Strategic review at Ultimate Finance increases focus on asset-based lending

Specialist asset-based lender Ultimate Finance is withdrawing from the unsecured loan market as it focuses investment on core asset-based solutions. The company will concentrate on growing its invoice, asset, and bridging finance products and bespoke solutions for individual clients.

Strategic review at Ultimate Finance increases focus on asset-based lending

Sep 11, 2019

Specialist asset-based lender Ultimate Finance is withdrawing from the unsecured loan market as it focuses investment on core asset-based solutions. The company will concentrate on growing its invoice, asset, and bridging finance products and bespoke solutions for individual clients.

US healthcare equipment funding report

The Equipment Leasing & Finance Foundation has released a new study identifying cost and technology as the two key themes underlying virtually every trend and issue impacting the healthcare industry, one of the most significant drivers of the US economy. The report, commissioned by the Foundation and prepared by Engine Group, says that within the next decade US healthcare spending is expected to reach $6 trillion and comprise more than 19% of gross domestic product. The study, which includes data from the Centers for Medicare & Medicaid Services, examines a wide range of issues, including growing costs associated with caring for a rapidly aging population, new technology required to meet an increasing labor shortage, and evolving government regulation.

US healthcare equipment funding report

Sep 09, 2019

The Equipment Leasing & Finance Foundation has released a new study identifying cost and technology as the two key themes underlying virtually every trend and issue impacting the healthcare industry, one of the most significant drivers of the US economy. The report, commissioned by the Foundation and prepared by Engine Group, says that within the next decade US healthcare spending is expected to reach $6 trillion and comprise more than 19% of gross domestic product. The study, which includes data from the Centers for Medicare & Medicaid Services, examines a wide range of issues, including growing costs associated with caring for a rapidly aging population, new technology required to meet an increasing labor shortage, and evolving government regulation.

EMEA

DLL races ahead on growth trajectory, despite turbulent market conditions

Sep 06, 2019

Asset-based finance provider DLL has reported strong growth in the first six months of 2019 as the business celebrates its 50th anniversary year. The lender maintained solid growth throughout H1 with a portfolio balance increase of more than 7% compared to the same period last year, totalling €34.6 billion (£31.4 billion).

Americas

Commercial Finance Association rebrands

Sep 09, 2019

The Commercial Finance Association has rebranded as Secured Finance Network (SFNet) in time for its 75th anniversary. Executives say the re-brand underscores the industry's crucial role in providing secured financing to businesses to drive economic growth. The international association's tax-exempt affiliate, CFA Education Foundation, has also changed its name to Secured Finance Foundation.

Asia Pacific

Identifying growth opportunities in Islamic finance

Feb 08, 2019

Islamic finance is available in 56 countries through 1,389 sharia-compliant companies that have total assets under management (AUM) of $2.4 trillion, according to a 2018 study from Thomson Reuters. In 2017, the market grew 11% and while recent expansion has been slower in core markets, such as the Gulf and south-east Asia, future trends are significantly rosier.