NETSOL Technologies to sponsor AFC auto finance provider of the year award 2024NETSOL Technologies has been announced as sponsor of the AFC Auto Finance Provider of the Year Award at the 2024 AFC Summer Awards, which will recognise a market leading consumer auto and/or business auto finance provider operating in the UK and/or Europe that delivers all-round exceptional value to its customers, industry partners, workforce, investors and the broader communities and environment in which it operates. NETSOL Technologies to sponsor AFC auto finance provider of the year award 2024Mar 28, 2024 NETSOL Technologies has been announced as sponsor of the AFC Auto Finance Provider of the Year Award at the 2024 AFC Summer Awards, which will recognise a market leading consumer auto and/or business auto finance provider operating in the UK and/or Europe that delivers all-round exceptional value to its customers, industry partners, workforce, investors and the broader communities and environment in which it operates. |
Shawbrook Group's 2023 results report an ‘exceptional’ yearSpecialist finance provider, Shawbrook, has announced its full-year results for the year ended 31st December 2023. Reporting another exceptional year in 2023, Shawbrook’s full-year results demonstrated their consistent focus on growth and efficiency, delivering an underlying profit before tax of £302 million and an underlying cost to income ratio of 38.2%. Shawbrook Group's 2023 results report an ‘exceptional’ yearMar 28, 2024 Specialist finance provider, Shawbrook, has announced its full-year results for the year ended 31st December 2023. Reporting another exceptional year in 2023, Shawbrook’s full-year results demonstrated their consistent focus on growth and efficiency, delivering an underlying profit before tax of £302 million and an underlying cost to income ratio of 38.2%. |
Julian Nutley from Tandem Bank joins FLA BoardThe Finance & Leasing Association has appointed Julian Nutley, Managing Director of Home Improvement Lending at Tandem Bank, to the FLA Board. Julian has over 35 years of experience in specialist lending. He started his career at First National where he progressed through the organisation, becoming a Director of GE Money in 2006. He was part of the team that founded Shawbrook Bank in 2011, as well as Allium Money in 2018 before its rebrand to Tandem Bank, where he now works as Managing Director of Home Improvement Lending. Julian Nutley from Tandem Bank joins FLA BoardMar 28, 2024 The Finance & Leasing Association has appointed Julian Nutley, Managing Director of Home Improvement Lending at Tandem Bank, to the FLA Board. Julian has over 35 years of experience in specialist lending. He started his career at First National where he progressed through the organisation, becoming a Director of GE Money in 2006. He was part of the team that founded Shawbrook Bank in 2011, as well as Allium Money in 2018 before its rebrand to Tandem Bank, where he now works as Managing Director of Home Improvement Lending. |
Asset Finance Europe 50 2023 - maintaining growth in turbulent timesThe 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 timesNov 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. |
Solifi Global Leasing Report 2023 reveals growth as the leasing industry emerges from the pandemicThe 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 pandemicMar 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. |
Brett Blankenship promoted to Vice President of Customer Support at LTiLTi Technology Solutions (LTi) has promoted Brett Blankenship to Vice President of Customer Support. A member of the LTi team since 2016, Brett brings a wealth of experience in the equipment finance industry, with expertise in application support. Brett’s achievement of the Certified Lease and Finance Professional (CLFP) designation in 2020 underscores his dedication to professional development and industry excellence. Brett Blankenship promoted to Vice President of Customer Support at LTiMar 28, 2024 LTi Technology Solutions (LTi) has promoted Brett Blankenship to Vice President of Customer Support. A member of the LTi team since 2016, Brett brings a wealth of experience in the equipment finance industry, with expertise in application support. Brett’s achievement of the Certified Lease and Finance Professional (CLFP) designation in 2020 underscores his dedication to professional development and industry excellence. |
AFPA Trust launches Charity Partners SchemeAFPA Trust has launched a new Charity Partners Scheme, designed to connect asset finance businesses with incredible charities whilst offering exclusive benefits to AFPA’s series of BIG events, including The Big Quiz, The Big Darts, The Big Clays, The Big Golf, and The International Women’s Day Big Celebration Lunch. AFPA Trust launches Charity Partners SchemeMar 28, 2024 AFPA Trust has launched a new Charity Partners Scheme, designed to connect asset finance businesses with incredible charities whilst offering exclusive benefits to AFPA’s series of BIG events, including The Big Quiz, The Big Darts, The Big Clays, The Big Golf, and The International Women’s Day Big Celebration Lunch. |
Percentage of small businesses investing in growth initiatives hits three-year lowThe percentage of UK small businesses considering new projects to achieve business growth (66%) has fallen to its lowest level since January 2021, according to new research by Novuna Business Finance. Further, the Novuna study suggests the businesses that need to improve their fortunes most urgently are the very enterprises stepping back from investing in new growth initiatives. Percentage of small businesses investing in growth initiatives hits three-year lowMar 27, 2024 The percentage of UK small businesses considering new projects to achieve business growth (66%) has fallen to its lowest level since January 2021, according to new research by Novuna Business Finance. Further, the Novuna study suggests the businesses that need to improve their fortunes most urgently are the very enterprises stepping back from investing in new growth initiatives. |
Who will be honoured with the Lifetime Achievement Award at the AFC Summer Awards 2024?One of the most emotional and heartfelt awards at Asset Finance Connect’s Summer Awards is the Lifetime Achievement Award, recognising a lifelong commitment and contribution to the industry. At the 2023 Summer Awards, the Lifetime Achievement Award was bestowed on the “godfather to the industry”, Bruce Nelson, Director of Compass Business Finance, who has shown true passion for the sector whilst having an enormously positive impact in helping to reshape the asset finance industry. Who will be honoured with the Lifetime Achievement Award at the AFC Summer Awards 2024?Mar 26, 2024 One of the most emotional and heartfelt awards at Asset Finance Connect’s Summer Awards is the Lifetime Achievement Award, recognising a lifelong commitment and contribution to the industry. At the 2023 Summer Awards, the Lifetime Achievement Award was bestowed on the “godfather to the industry”, Bruce Nelson, Director of Compass Business Finance, who has shown true passion for the sector whilst having an enormously positive impact in helping to reshape the asset finance industry. |
International captive implements FIS Asset Finance globally as next-gen CMSFIS has confirmed that an international captive has selected and started to implement FIS Asset Finance, adopting it as their next-generation Contract Management System (CMS) with the aim of an expansion plan across their global footprint. International captive implements FIS Asset Finance globally as next-gen CMSMar 26, 2024 FIS has confirmed that an international captive has selected and started to implement FIS Asset Finance, adopting it as their next-generation Contract Management System (CMS) with the aim of an expansion plan across their global footprint. |
Close Brothers goes live with NETSOL's calculation engine FlexNETSOL Technologies, Inc. has announced that Close Brothers, a UK merchant banking group providing lending, deposit taking, wealth management services and securities trading, has signed-up for and, subsequently, gone live with NETSOL’s cloud-based calculation engine Flex. Close Brothers goes live with NETSOL's calculation engine FlexMar 26, 2024 NETSOL Technologies, Inc. has announced that Close Brothers, a UK merchant banking group providing lending, deposit taking, wealth management services and securities trading, has signed-up for and, subsequently, gone live with NETSOL’s cloud-based calculation engine Flex. |
Alphabet showcases uptick in electrified vehicle adoption in 2023In the face of the challenging economic landscape of 2023, marked by sharp inflation and variable market conditions, Alphabet has reported another year-on-year increase in its vehicle portfolio. Over the last 12 months, this has increased to more than 720,000 vehicles, with new business rising by 16% compared to 2022. Alphabet showcases uptick in electrified vehicle adoption in 2023Mar 26, 2024 In the face of the challenging economic landscape of 2023, marked by sharp inflation and variable market conditions, Alphabet has reported another year-on-year increase in its vehicle portfolio. Over the last 12 months, this has increased to more than 720,000 vehicles, with new business rising by 16% compared to 2022. |
Ian Robertson, partner, Invigors presents at AFC Leaders’ Summit Europe: “how to create business opportunities from greenhouse gas reporting”Ian Robertson, partner at Invigors will lead a discussion at the AFC Leaders’ Summit Europe, in Brussels on April 16th, on how the asset finance industry can turn environmental reporting requirements on greenhouses gases (GHG) into business opportunities. Ian Robertson, partner, Invigors presents at AFC Leaders’ Summit Europe: “how to create business opportunities from greenhouse gas reporting”Mar 25, 2024 Ian Robertson, partner at Invigors will lead a discussion at the AFC Leaders’ Summit Europe, in Brussels on April 16th, on how the asset finance industry can turn environmental reporting requirements on greenhouses gases (GHG) into business opportunities. |
Automotive “reverting to type” in a bid to face down EV challengesManufacturers and dealers alike have reacted to recent industry shifts by focusing more on simply selling vehicles, according to Regit’s Chris Green. The digital garage’s Founder and CEO spoke about recent attitudes to EV adoption from the perspective of manufacturers and customers in Cox Automotive’s latest Insight Report. Green thinks the ICE vehicle ban deadline change along with other factors, including the ZEV mandate, had caused a pronounced shift in the sector. Automotive “reverting to type” in a bid to face down EV challengesMar 25, 2024 Manufacturers and dealers alike have reacted to recent industry shifts by focusing more on simply selling vehicles, according to Regit’s Chris Green. The digital garage’s Founder and CEO spoke about recent attitudes to EV adoption from the perspective of manufacturers and customers in Cox Automotive’s latest Insight Report. Green thinks the ICE vehicle ban deadline change along with other factors, including the ZEV mandate, had caused a pronounced shift in the sector. |
Bibby Financial Services bolsters team to boost SME fundingIndependent invoice finance provider Bibby Financial Services (BFS) has announced the addition of two sales professionals - Graham Leaney (pictured left) and Mike Stevens - to its expanding team, in the South West region, as it endeavours to boost support for small to medium sizes enterprises (SMEs). Bibby Financial Services bolsters team to boost SME fundingMar 25, 2024 Independent invoice finance provider Bibby Financial Services (BFS) has announced the addition of two sales professionals - Graham Leaney (pictured left) and Mike Stevens - to its expanding team, in the South West region, as it endeavours to boost support for small to medium sizes enterprises (SMEs). |
AFPA Trust unveils "BIG" plans for 2024 and beyondThe AFPA (Asset Finance Professionals Association) Trust is gearing up for an exciting year in 2024 with a series of "BIG" events designed to cultivate industry networking and charitable giving. As the leading charitable entity within the asset finance and leasing industry, AFPA Trust is renowned for its commitment to both causes. AFPA Trust unveils "BIG" plans for 2024 and beyondMar 25, 2024 The AFPA (Asset Finance Professionals Association) Trust is gearing up for an exciting year in 2024 with a series of "BIG" events designed to cultivate industry networking and charitable giving. As the leading charitable entity within the asset finance and leasing industry, AFPA Trust is renowned for its commitment to both causes. |
FLA accreditation: getting ahead of regulationThe FLA's asset finance broker accreditation scheme forms a key part of a move to ensure lenders and brokers step forward together to address concerns around best practice, minimising the risk of being caught on the back foot. This was the message from the first in a new series of Asset Finance Connect (AFC) webcasts for the UK broker industry providing an opportunity for brokers and lenders to ask their questions direct to the FLA team. FLA accreditation: getting ahead of regulationMar 22, 2024 The FLA's asset finance broker accreditation scheme forms a key part of a move to ensure lenders and brokers step forward together to address concerns around best practice, minimising the risk of being caught on the back foot. This was the message from the first in a new series of Asset Finance Connect (AFC) webcasts for the UK broker industry providing an opportunity for brokers and lenders to ask their questions direct to the FLA team. |
Business adoption of BEVs has been a great success…now Government needs to focus on the used market John Phillipou, SME Lending Managing Director at Paragon Bank discusses how, after the successful ... |
VIP Apps Consulting announced as sponsor of the AFC Excellence in Technology Award VIP Apps Consulting has been announced as sponsor of the AFC Excellence in Technology Award at the... |
The UK EV market has reached a tipping point where better supply, lower prices and greater access ... |
Novuna’s Geoff Maleham joins FLA Board The Finance & Leasing Association has appointed Geoff Maleham, Managing Director of Novuna Bus... |