Aldermore launches new funding solution

Aldermore, the specialist bank, has launched Contract Finance, a new business finance funding solution targeting small to medium enterprises (SMEs). The service allows small businesses to release working capital by advancing funds against their contractual billing.

Aldermore launches new funding solution

May 24, 2017

Aldermore, the specialist bank, has launched Contract Finance, a new business finance funding solution targeting small to medium enterprises (SMEs). The service allows small businesses to release working capital by advancing funds against their contractual billing.

NextGear Capital marks funding milestone

UK wholesale stock funding provider NextGear Capital has celebrated its third birthday by funding its 150,000th vehicle The business has been operating in the UK since 2014 and in Ireland since 2015.

NextGear Capital marks funding milestone

May 24, 2017

UK wholesale stock funding provider NextGear Capital has celebrated its third birthday by funding its 150,000th vehicle The business has been operating in the UK since 2014 and in Ireland since 2015.

BVRLA issues fleet and mobility manifesto for new UK government

The British Vehicle Rental and Leasing Association (BVRLA) has set out its priorities for the incoming UK government following the general election on June 8. It has outlined how the fleet and mobility services sector can enable policymakers to drive down emissions, improve road safety and make road transport more cost efficient.

BVRLA issues fleet and mobility manifesto for new UK government

May 24, 2017

The British Vehicle Rental and Leasing Association (BVRLA) has set out its priorities for the incoming UK government following the general election on June 8. It has outlined how the fleet and mobility services sector can enable policymakers to drive down emissions, improve road safety and make road transport more cost efficient.

Why auto finance providers can learn innovation lessons from Walt Disney

Companies can have dramatic results on the shape of their business and even the industry by reaching outside their businesses and importing innovators. That is the message from Liberty Mawhood, chief operating officer for tech investor L Marks, an innovation agency that helps large or established organisations to work with early stage businesses and start-ups to develop new products and ideas. She cites the example of Walt Disney, who looked outside the business during the development of Fantasia in the 1930s for help in producing better cinema sound.

Why auto finance providers can learn innovation lessons from Walt Disney

May 17, 2017

Companies can have dramatic results on the shape of their business and even the industry by reaching outside their businesses and importing innovators. That is the message from Liberty Mawhood, chief operating officer for tech investor L Marks, an innovation agency that helps large or established organisations to work with early stage businesses and start-ups to develop new products and ideas. She cites the example of Walt Disney, who looked outside the business during the development of Fantasia in the 1930s for help in producing better cinema sound.

Jim Hackett to lead Ford as it “transforms for the future”

Ford Motor Company has named Jim Hackett as its new president and CEO as part of a series of key global leadership changes. Hackett, 62, has a long track record of innovation and business success as CEO of Steelcase, interim athletic director at the University of Michigan and executive chairman of Ford Smart Mobility since March 2016.

Jim Hackett to lead Ford as it “transforms for the future”

May 23, 2017

Ford Motor Company has named Jim Hackett as its new president and CEO as part of a series of key global leadership changes. Hackett, 62, has a long track record of innovation and business success as CEO of Steelcase, interim athletic director at the University of Michigan and executive chairman of Ford Smart Mobility since March 2016.

Matt Dyer named as new BVRLA chairman

The British Vehicle Rental and Leasing Association (BVRLA) has announced Matt Dyer as its new chairman as part of a series of new appointments announced at the association’s annual general meeting.

Matt Dyer named as new BVRLA chairman

May 18, 2017

The British Vehicle Rental and Leasing Association (BVRLA) has announced Matt Dyer as its new chairman as part of a series of new appointments announced at the association’s annual general meeting.

LeasePlan profits from new initiatives

Turnover and profits have risen at global vehicle leasing and fleet management company LeasePlan in the first quarter of this year as its fleet size increased to nearly 1.7 million vehicles.

LeasePlan profits from new initiatives

May 18, 2017

Turnover and profits have risen at global vehicle leasing and fleet management company LeasePlan in the first quarter of this year as its fleet size increased to nearly 1.7 million vehicles.

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Are company car drivers ready for autonomous vehicles?

The advent of new technology has undoubtedly spurred a new era for driving. But while the concept of the connected car and the adoption of new fuel technologies such as electric and hydrogen fuel cells have been met by open minds, autonomous vehicles have provoked significant debate.

Are company car drivers ready for autonomous vehicles?

May 18, 2017

The advent of new technology has undoubtedly spurred a new era for driving. But while the concept of the connected car and the adoption of new fuel technologies such as electric and hydrogen fuel cells have been met by open minds, autonomous vehicles have provoked significant debate.

Sofico advises asset finance industry on new regulations

Asset finance companies are among a range of businesses working with global software provider Sofico to prepare for new EU regulations coming into force next year. The EU General Data Protection Regulation (GDPR) takes effect from May next year and will impact on almost every organisation based in the EU, as well as every organisation that does business in the EU even if based abroad.

Sofico advises asset finance industry on new regulations

May 16, 2017

Asset finance companies are among a range of businesses working with global software provider Sofico to prepare for new EU regulations coming into force next year. The EU General Data Protection Regulation (GDPR) takes effect from May next year and will impact on almost every organisation based in the EU, as well as every organisation that does business in the EU even if based abroad.

Codeweavers provides insights into car finance

Finance technology expert Codeweavers has utilised data from more than 800,000 users of online car finance calculators to provide key insights for the UK car market.

Codeweavers provides insights into car finance

May 16, 2017

Finance technology expert Codeweavers has utilised data from more than 800,000 users of online car finance calculators to provide key insights for the UK car market.

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Car finance grows as technology streamlines online applications

New business in the UK point of sale (POS) consumer new car finance market grew by 10% by value and 3% by volume during Q1 2017. Analysis from the Finance and Leasing Association shows £5.5 billion was advanced for new car purchases through dealerships in the first quarter, with more than 305,000 new cars financed.

Car finance grows as technology streamlines online applications

May 15, 2017

New business in the UK point of sale (POS) consumer new car finance market grew by 10% by value and 3% by volume during Q1 2017. Analysis from the Finance and Leasing Association shows £5.5 billion was advanced for new car purchases through dealerships in the first quarter, with more than 305,000 new cars financed.

Strong growth in UK asset finance market

Latest figures from the Finance & Leasing Association (FLA) show that asset finance new business rose by 9% during Q1 2017 compared to the same period last year.

Strong growth in UK asset finance market

May 15, 2017

Latest figures from the Finance & Leasing Association (FLA) show that asset finance new business rose by 9% during Q1 2017 compared to the same period last year.

Which countries are driving Auto and Equipment Finance growth in the Asia Pacific region?

Analysis of the Asia Pacific region in a new report has revealed the countries which offer the greatest potential for future growth in the auto and equipment finance industry. The White Clarke Group Asia Pacific Auto and Equipment Finance Survey shows widely differing outlooks for individual countries.

Which countries are driving Auto and Equipment Finance growth in the Asia Pacific region?

May 15, 2017

Analysis of the Asia Pacific region in a new report has revealed the countries which offer the greatest potential for future growth in the auto and equipment finance industry. The White Clarke Group Asia Pacific Auto and Equipment Finance Survey shows widely differing outlooks for individual countries.

Industry profile: Ian Isaac, managing director, Lombard - Why businesses need trusted advisors in uncertain times

Businesses in the UK are facing long-term uncertainty about what the future holds amid unique political and economic changes in the country. However, there is no pause button in business and companies are having to adapt their strategies to focus on growth in a changeable business climate. For Ian Isaac, who took the reins as managing director for Lombard at the start of this year, the asset finance industry has a key role to play in offering guidance and stability to customers.

Industry profile: Ian Isaac, managing director, Lombard - Why businesses need trusted advisors in uncertain times

May 11, 2017

Businesses in the UK are facing long-term uncertainty about what the future holds amid unique political and economic changes in the country. However, there is no pause button in business and companies are having to adapt their strategies to focus on growth in a changeable business climate. For Ian Isaac, who took the reins as managing director for Lombard at the start of this year, the asset finance industry has a key role to play in offering guidance and stability to customers.

Hampshire Trust Bank creates new asset finance role

Hampshire Trust Bank has appointed Vincenzo Scalzone as head of broker in its asset finance division.

Hampshire Trust Bank creates new asset finance role

May 10, 2017

Hampshire Trust Bank has appointed Vincenzo Scalzone as head of broker in its asset finance division.

Volkswagen Financial Services reports strong start to 2017

Volkswagen Financial Services saw a year-on-year rise in new contracts during Q1 2017, increasing its portfolio of current contracts to 18.4 million.

Volkswagen Financial Services reports strong start to 2017

May 09, 2017

Volkswagen Financial Services saw a year-on-year rise in new contracts during Q1 2017, increasing its portfolio of current contracts to 18.4 million.

Chinese demand for credit boosts BMW Financial Services

BMW Financial Services saw a 13% rise in finance and leasing contracts with retail customers in Q1 2017 on the back of strong Chinese demand.

Chinese demand for credit boosts BMW Financial Services

May 08, 2017

BMW Financial Services saw a 13% rise in finance and leasing contracts with retail customers in Q1 2017 on the back of strong Chinese demand.

SMFG in asset finance agreement with Bank of Taiwan

Sumitomo Mitsui Financial Group (SMFG) is to collaborate with the Bank of Taiwan on a range of asset finance initiatives under an agreement signed by the two companies.

SMFG in asset finance agreement with Bank of Taiwan

May 08, 2017

Sumitomo Mitsui Financial Group (SMFG) is to collaborate with the Bank of Taiwan on a range of asset finance initiatives under an agreement signed by the two companies.

EIB agrees €100m loan with Deutsche Leasing

The European Investment Bank (EIB) and Deutsche Leasing have signed a €100 million promotional len...

Arval sees fleet asset growth

Vehicle leasing firm Arval saw its financed fleet increase by 7.3% year-on-year during Q1 2017, pa...

Alfa announces stock market flotation plans

Global financial software giant Alfa has revealed plans to float on the UK stock market in June, i...

KeeResources make key appointment

Automotive data expert KeeResources has appointed Andrew Ballard to the newly-established role of ...