Alfa to sponsor the AFC Outstanding Achievement Award 2024

Alfa will be sponsoring this year’s Outstanding Achievement Award at the Asset Finance Connect (AFC) Summer Awards 2024. Celebrating personal achievement in the industry, the AFC Outstanding Achievement Award provides a unique opportunity for an organisation to recognise the star performers in their business or for suppliers to acknowledge outstanding talent and commitment in the organisations they work with.

Alfa to sponsor the AFC Outstanding Achievement Award 2024

May 02, 2024

Alfa will be sponsoring this year’s Outstanding Achievement Award at the Asset Finance Connect (AFC) Summer Awards 2024. Celebrating personal achievement in the industry, the AFC Outstanding Achievement Award provides a unique opportunity for an organisation to recognise the star performers in their business or for suppliers to acknowledge outstanding talent and commitment in the organisations they work with.

Paragon Bank’s SME Lending division appoints Adam Zadora as Business Development Director

Adam Zadora has joined Paragon Bank’s SME Lending division as Business Development Director in the Broker team. Adam joins the Paragon team from Shawbrook Bank, where he spent just over five years in relationship management and business development roles. He brings a wealth of experience to the team, having spent over 15 years in business banking.

Paragon Bank’s SME Lending division appoints Adam Zadora as Business Development Director

May 02, 2024

Adam Zadora has joined Paragon Bank’s SME Lending division as Business Development Director in the Broker team. Adam joins the Paragon team from Shawbrook Bank, where he spent just over five years in relationship management and business development roles. He brings a wealth of experience to the team, having spent over 15 years in business banking.

Mach Recruitment receives £45m invoice finance facility from Metro Bank

Mach Recruitment, a Leeds-based specialist recruitment business working in the ecommerce and food sector, has agreed a £45m invoice finance facility with Metro Bank. Mach Recruitment will use the financing to support its acquisition ambitions and continued desire to grow and diversify. The invoice finance package from Metro Bank will provide the additional funding it needs to meet the long-term needs of this entrepreneurial and market-leading business.

Mach Recruitment receives £45m invoice finance facility from Metro Bank

May 02, 2024

Mach Recruitment, a Leeds-based specialist recruitment business working in the ecommerce and food sector, has agreed a £45m invoice finance facility with Metro Bank. Mach Recruitment will use the financing to support its acquisition ambitions and continued desire to grow and diversify. The invoice finance package from Metro Bank will provide the additional funding it needs to meet the long-term needs of this entrepreneurial and market-leading business.

 
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Asset Finance Europe 50 2023 - maintaining growth in turbulent times

The annual ranking of Europe’s leading asset finance providers today reveals the leasing companies that delivered industry growth during a year in which the asset finance industry continued to face a period of economic uncertainty. The Asset Finance Europe 50, sponsored by Alfa, is the unique European annual ranking survey of business equipment and fleet lessors that provides an objective overview of all parts of the European leasing market.

Asset Finance Europe 50 2023 - maintaining growth in turbulent times

Nov 09, 2023

The annual ranking of Europe’s leading asset finance providers today reveals the leasing companies that delivered industry growth during a year in which the asset finance industry continued to face a period of economic uncertainty. The Asset Finance Europe 50, sponsored by Alfa, is the unique European annual ranking survey of business equipment and fleet lessors that provides an objective overview of all parts of the European leasing market.

 

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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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EVs stayed in stock almost half the time as ICE models reveals Q1 insight from MotoNovo Finance

MotoNovo Finance’s Q1 Used Inventory Insight report reveals that while battery electric vehicles (BEVs) were in stock for an average of 32 days, ICE models were stocked for 59 days. This perhaps surprising reality is one of the key findings from MotoNovo’s latest Used Inventory Insight report for Q1.

EVs stayed in stock almost half the time as ICE models reveals Q1 insight from MotoNovo Finance

May 02, 2024

MotoNovo Finance’s Q1 Used Inventory Insight report reveals that while battery electric vehicles (BEVs) were in stock for an average of 32 days, ICE models were stocked for 59 days. This perhaps surprising reality is one of the key findings from MotoNovo’s latest Used Inventory Insight report for Q1.

Paragon quizzing for two charities at the 2024 AFPA Trust Big Quiz

With two teams quizzing at the AFPA Trust Big Quiz, Paragon Bank will be hoping to win £10,000 for their chosen charities – Stepping Stones DS and Make-A-Wish UK. This year’s AFPA Trust Big Quiz will be held on Thursday 23rd May at the prestigious Royal Overseas League Club in Mayfair, London.

Paragon quizzing for two charities at the 2024 AFPA Trust Big Quiz

May 01, 2024

With two teams quizzing at the AFPA Trust Big Quiz, Paragon Bank will be hoping to win £10,000 for their chosen charities – Stepping Stones DS and Make-A-Wish UK. This year’s AFPA Trust Big Quiz will be held on Thursday 23rd May at the prestigious Royal Overseas League Club in Mayfair, London.

Government’s EV incentives undermine market

The government’s approach to encouraging wider take-up of EVs is failing in its objective of stimulating consumer demand, according to politicians, senior industry executives and analysts, amid warnings that if current policies are not revised, there is a risk they will “kill” the domestic automotive industry by distorting the market.

Government’s EV incentives undermine market

May 01, 2024

The government’s approach to encouraging wider take-up of EVs is failing in its objective of stimulating consumer demand, according to politicians, senior industry executives and analysts, amid warnings that if current policies are not revised, there is a risk they will “kill” the domestic automotive industry by distorting the market.

 
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Alfa reports strong operational performance in Q1 2024

Alfa Financial Software (Alfa) has reported a strong operational performance in the first quarter of the year with seven deliveries for Alfa customers comprising one v4 to v5 upgrade and six regular upgrades. In the first quarter of 2024 Alfa released the second and third instalments - Total Capability and Sustainability - of their Alfa Systems 6 launch which covers ten new modules and is being released in six functional instalments.

Alfa reports strong operational performance in Q1 2024

May 01, 2024

Alfa Financial Software (Alfa) has reported a strong operational performance in the first quarter of the year with seven deliveries for Alfa customers comprising one v4 to v5 upgrade and six regular upgrades. In the first quarter of 2024 Alfa released the second and third instalments - Total Capability and Sustainability - of their Alfa Systems 6 launch which covers ten new modules and is being released in six functional instalments.

Two-thirds of US SMBs feel optimistic about the future

New research has revealed that 65% of small to medium businesses (SMBs) in the USA are feeling optimistic about the future. The research, commissioned by asset finance insurance provider Acquis, asked over 500 senior managers in SMBs (10-249 employees) from a range of industries across the US about the challenges they are facing in their own business, as well as across their wider industries.

Two-thirds of US SMBs feel optimistic about the future

May 01, 2024

New research has revealed that 65% of small to medium businesses (SMBs) in the USA are feeling optimistic about the future. The research, commissioned by asset finance insurance provider Acquis, asked over 500 senior managers in SMBs (10-249 employees) from a range of industries across the US about the challenges they are facing in their own business, as well as across their wider industries.

Who will be named AFC’s asset finance provider of the year 2024?

Recognising excellence in the asset finance industry, the AFC Asset Finance Provider of the Year Award at the 2024 AFC Summer Awards, sponsored by LTi Technology Solutions, will be awarded to a market leading asset finance organisation or broker that delivers all-round exceptional value to its customers, industry partners, workforce, investors and/or the broader communities and environment in which it operates.

Who will be named AFC’s asset finance provider of the year 2024?

May 01, 2024

Recognising excellence in the asset finance industry, the AFC Asset Finance Provider of the Year Award at the 2024 AFC Summer Awards, sponsored by LTi Technology Solutions, will be awarded to a market leading asset finance organisation or broker that delivers all-round exceptional value to its customers, industry partners, workforce, investors and/or the broader communities and environment in which it operates.

 
 
AFC AWARDS - 9 JULY IN LONDON

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Novuna Business Finance provides £10m facility to Aura Power to progress global development pipeline

Novuna Business Finance has provided £10m of funding to support Aura Power, a global developer of renewable energy projects, progress their development pipeline of utility-scale solar PV and battery energy storage of around 12 GW in the UK, Europe and North America.

Novuna Business Finance provides £10m facility to Aura Power to progress global development pipeline

May 01, 2024

Novuna Business Finance has provided £10m of funding to support Aura Power, a global developer of renewable energy projects, progress their development pipeline of utility-scale solar PV and battery energy storage of around 12 GW in the UK, Europe and North America.

Holman announces senior management changes

Global fleet management organisation Holman has announced key UK leadership changes, including the appointment of David Hunt to the Chief Operating Officer (COO) role. Bringing more than 30 years of industry experience to the role, Hunt has most recently served as non-executive director at commercial vehicle dealer Ford & Slater and, prior to this, managing director of Ryder UK for more than a decade.

Holman announces senior management changes

May 01, 2024

Global fleet management organisation Holman has announced key UK leadership changes, including the appointment of David Hunt to the Chief Operating Officer (COO) role. Bringing more than 30 years of industry experience to the role, Hunt has most recently served as non-executive director at commercial vehicle dealer Ford & Slater and, prior to this, managing director of Ryder UK for more than a decade.

Charged with positivity – but new market remains far from ‘normal’

A strong start to the UK’s new car market in 2024 has brought with it reasons for caution, according to Cox Automotive’s new periodical, Insight Quarterly (IQ). Positivity stems primarily from the relatively healthy start to the year for new car registrations, which were up 10.4% year-on-year in Q1. However, questions remain about the ZEV mandate's effect on the sector, what will happen after the next general election, and when the market will finally return to its pre-pandemic normality.

Charged with positivity – but new market remains far from ‘normal’

Apr 30, 2024

A strong start to the UK’s new car market in 2024 has brought with it reasons for caution, according to Cox Automotive’s new periodical, Insight Quarterly (IQ). Positivity stems primarily from the relatively healthy start to the year for new car registrations, which were up 10.4% year-on-year in Q1. However, questions remain about the ZEV mandate's effect on the sector, what will happen after the next general election, and when the market will finally return to its pre-pandemic normality.

Adam Taylor promoted to Vice President of Software Engineering at LTi Technology Solutions

LTi Technology Solutions (LTi) has announced the promotion of Adam Taylor to the role of Vice President of Software Engineering. In his new role, Adam assumes oversight of all LTi software engineering initiatives across the organisation, encompassing product engineering, quality assurance, tooling and scripting, coding, and software development processes.

Adam Taylor promoted to Vice President of Software Engineering at LTi Technology Solutions

Apr 30, 2024

LTi Technology Solutions (LTi) has announced the promotion of Adam Taylor to the role of Vice President of Software Engineering. In his new role, Adam assumes oversight of all LTi software engineering initiatives across the organisation, encompassing product engineering, quality assurance, tooling and scripting, coding, and software development processes.

Hexa Finance bolster technology finance capability with new appointment

Technology finance experts, Hexa Finance, has announced the appointment of Robert Inchley as Head of Wholesale Finance. In a career spanning more than 30 years, working for technology funders such as GE Capital, BNP Paribas, Siemens and Quartz, Robert has gained extensive experience working alongside UK-based and global technology providers.

Hexa Finance bolster technology finance capability with new appointment

Apr 30, 2024

Technology finance experts, Hexa Finance, has announced the appointment of Robert Inchley as Head of Wholesale Finance. In a career spanning more than 30 years, working for technology funders such as GE Capital, BNP Paribas, Siemens and Quartz, Robert has gained extensive experience working alongside UK-based and global technology providers.

FCA refuses to back down on “naming and shaming” companies

The Financial Conduct Authority (FCA) is set to ignore advice from politicians and business groups and has said it plans to push ahead with proposals to “name and shame” companies under investigation, despite warnings that this could disrupt financial markets and damage business reputations needlessly.

FCA refuses to back down on “naming and shaming” companies

Apr 30, 2024

The Financial Conduct Authority (FCA) is set to ignore advice from politicians and business groups and has said it plans to push ahead with proposals to “name and shame” companies under investigation, despite warnings that this could disrupt financial markets and damage business reputations needlessly.

 

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Shawbrook research shows UK business owners harness past ventures for future success

Research from specialist lender Shawbrook has shed light on the true extent of ambition present am...

Propel announce chosen charity in their bid to win £10,000 at AFPA Trust Big Quiz

Hoping to win the AFPA Trust Big Quiz Trophy, donated by Rivermore Asset Finance, and valuable fun...

VIP Apps Consulting transforms syndication processes of Japanese manufacturing giant

VIP Apps Consulting has successfully completed a ground-breaking project with a prominent imaging ...

Craft beer distributor secures £2.5m facility from Cynergy Business Finance

Leading craft beer importer and distributor, Cave Direct, has secured an invoice discounting facil...

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