Haydock builds up customer service and sector expertise with new appointments

SME business finance specialist Haydock Finance has recruited Daniel Nield as head of operations to support the firm’s service delivery. Nield brings 21 years of experience to the position with a strong focus on operations team management plus system implementation and product development. Prior to joining Haydock, Nield was head of operations for Santander Asset Finance, covering specialist and general asset sectors across SME and larger corporate lending. Reporting to operations director Steve Worrall, in his new role Nield will be responsible for further improving service delivery to help ensure that Haydock provides the best possible customer experience.

Haydock builds up customer service and sector expertise with new appointments

Jan 25, 2022

SME business finance specialist Haydock Finance has recruited Daniel Nield as head of operations to support the firm’s service delivery. Nield brings 21 years of experience to the position with a strong focus on operations team management plus system implementation and product development. Prior to joining Haydock, Nield was head of operations for Santander Asset Finance, covering specialist and general asset sectors across SME and larger corporate lending. Reporting to operations director Steve Worrall, in his new role Nield will be responsible for further improving service delivery to help ensure that Haydock provides the best possible customer experience.

UK asset finance industry needs to get serious about fraud prevention

It seems like every five years or so that the asset finance community in the UK revisits often-discussed plans to establish an asset register to protect themselves against fraud. Now is just such a time, with an estimated 55 industry lenders facing the prospect of losing cumulatively £282 million of outstandings which together they provided to a single organisation, secured against equipment which may well never have existed. Will the latest alleged fraud be enough to encourage lenders to follow through on developing tools and systems that help to prevent such frauds?

UK asset finance industry needs to get serious about fraud prevention

Jan 19, 2022

It seems like every five years or so that the asset finance community in the UK revisits often-discussed plans to establish an asset register to protect themselves against fraud. Now is just such a time, with an estimated 55 industry lenders facing the prospect of losing cumulatively £282 million of outstandings which together they provided to a single organisation, secured against equipment which may well never have existed. Will the latest alleged fraud be enough to encourage lenders to follow through on developing tools and systems that help to prevent such frauds?

Receivables finance 2.0: How blockchain can deliver enhanced security, efficiency, and cost-effectiveness

The invoice and trade finance industry is ideally suited to the benefits of blockchain technology, which could improve data accuracy, increase security and improve transaction efficiency, according to Adi Ben-Ari, founder and CEO of Applied Blockchain. He explains how it could benefit the industry.

Receivables finance 2.0: How blockchain can deliver enhanced security, efficiency, and cost-effectiveness

Jan 12, 2022

The invoice and trade finance industry is ideally suited to the benefits of blockchain technology, which could improve data accuracy, increase security and improve transaction efficiency, according to Adi Ben-Ari, founder and CEO of Applied Blockchain. He explains how it could benefit the industry.

Thought Leaders

Positive equipment trends for US, especially construction, despite 'headwinds'

Nov 19, 2021

Managers responsible for assets in the US are tracking positive equipment trends as the economy rebounds from the pandemic but also pressures affecting valuations and outlooks for certain types of equipment. How are different equipment types faring? Carl Chrappa’s presentation at the American Society of Appraisers (ASA) International Conference this fall provided answers and context.

Appointments

Mike Randall, CEO of Simply Asset Finance, appointed to the FLA board

Dec 14, 2021

The Finance & Leasing Association (FLA) has appointed Mike Randall as a board director with effect from January 2022. Currently CEO of Simply Asset Finance and chair of the Leasing Foundation, he has over 35 years’ experience in the asset finance sector, having held many senior positions.