Equipment finance business confidence drops

Confidence in the equipment finance market is on a downward trend according to figures released by the Equipment Leasing & Finance Foundation. Its monthly index on prevailing business conditions and expectations for the future (MCI-EFI) fell to 52.8 in June, easing from 59.2 in May. MCI-EFI survey respondent Quentin Cote, president of Mintaka Financial said: “As unemployment is at record lows and employees are hard to come by, companies will rely more on capital equipment to support business growth and productivity growth from the employees they have.

Equipment finance business confidence drops

Jul 11, 2019

Confidence in the equipment finance market is on a downward trend according to figures released by the Equipment Leasing & Finance Foundation. Its monthly index on prevailing business conditions and expectations for the future (MCI-EFI) fell to 52.8 in June, easing from 59.2 in May. MCI-EFI survey respondent Quentin Cote, president of Mintaka Financial said: “As unemployment is at record lows and employees are hard to come by, companies will rely more on capital equipment to support business growth and productivity growth from the employees they have.

Thousands of UK SMEs seeking finance to improve cash flow

Thousands of UK companies plan to use finance to improve their cash flow in the future, according to new research. Analysis by Purbeck Insurance Services found that 28% of SME executives interviewed said they were turning to external funders, including to cope with late payments.

Thousands of UK SMEs seeking finance to improve cash flow

Jul 10, 2019

Thousands of UK companies plan to use finance to improve their cash flow in the future, according to new research. Analysis by Purbeck Insurance Services found that 28% of SME executives interviewed said they were turning to external funders, including to cope with late payments.

Wesleyan Bank supports DND Finance with £15 million asset finance facility

Wesleyan Bank, the specialist provider of commercial funding solutions, has expanded its wholesale finance facility for DND Finance to include asset finance. DND Finance is a niche funder to professions and small businesses throughout the UK and has been providing business loans, vehicle and equipment finance and leasing for the past decade. The facility expands on a professions loan facility agreed between DND Finance and Wesleyan Bank last year.

Wesleyan Bank supports DND Finance with £15 million asset finance facility

Jul 09, 2019

Wesleyan Bank, the specialist provider of commercial funding solutions, has expanded its wholesale finance facility for DND Finance to include asset finance. DND Finance is a niche funder to professions and small businesses throughout the UK and has been providing business loans, vehicle and equipment finance and leasing for the past decade. The facility expands on a professions loan facility agreed between DND Finance and Wesleyan Bank last year.

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.