Alfa announces sixth iteration of the Alfa Systems software platform

Alfa has announced the upcoming launch of Alfa Systems 6 - a breakthrough iteration of its Alfa Systems software platform. Delivered in a series of releases over the coming year, Alfa Systems 6 introduces significant performance and functional enhancements, with a focus on addressing the dynamic challenges and opportunities facing the asset finance industry.

Alfa announces sixth iteration of the Alfa Systems software platform

Oct 04, 2023

Alfa has announced the upcoming launch of Alfa Systems 6 - a breakthrough iteration of its Alfa Systems software platform. Delivered in a series of releases over the coming year, Alfa Systems 6 introduces significant performance and functional enhancements, with a focus on addressing the dynamic challenges and opportunities facing the asset finance industry.

British Business Bank welcomes Stephen Welton CBE as Chair

Stephen Welton CBE has been appointed as the new Non-executive Chair of the British Business Bank. Stephen Welton takes over from Lord Smith of Kelvin, who has held the position for six years since September 2017.

British Business Bank welcomes Stephen Welton CBE as Chair

Oct 04, 2023

Stephen Welton CBE has been appointed as the new Non-executive Chair of the British Business Bank. Stephen Welton takes over from Lord Smith of Kelvin, who has held the position for six years since September 2017.

Shawbrook speciality finance team celebrates £1bn milestone achievement

Shawbrook has announced a significant milestone as its speciality finance division surpasses £1 billion in live facilities for the first time. This achievement demonstrates Shawbrook's exceptional strength and presence in the market, solidifying its position as a key source of funding for the specialist lending space.

Shawbrook speciality finance team celebrates £1bn milestone achievement

Oct 04, 2023

Shawbrook has announced a significant milestone as its speciality finance division surpasses £1 billion in live facilities for the first time. This achievement demonstrates Shawbrook's exceptional strength and presence in the market, solidifying its position as a key source of funding for the specialist lending space.

 

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UK’s top 50 asset finance companies deliver growth in uncertain economic times

The UK’s asset finance industry has demonstrated determination and resilience in a challenging and uncertain economic environment. To maintain a healthy asset finance market, industry players have tackled these economic obstacles head-on, identifying opportunities and focusing on a sustainable asset finance industry. That’s the message from a unique study of the UK’s asset finance industry which reveals how the sector, even when facing economic adversity and challenging climate change initiatives, remains a valued and vital financing solution for UK SMEs.

UK’s top 50 asset finance companies deliver growth in uncertain economic times

Jul 12, 2023

The UK’s asset finance industry has demonstrated determination and resilience in a challenging and uncertain economic environment. To maintain a healthy asset finance market, industry players have tackled these economic obstacles head-on, identifying opportunities and focusing on a sustainable asset finance industry. That’s the message from a unique study of the UK’s asset finance industry which reveals how the sector, even when facing economic adversity and challenging climate change initiatives, remains a valued and vital financing solution for UK SMEs.

 

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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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Government takes action to back small businesses and tackle late payments

The government has announced tougher measures to tackle the issue of late payments to small businesses. These new measures will be included in the upcoming Prompt Payment & Cash Flow Review, due to be published shortly and will improve delivery and enforcement of policies, enabling more small businesses to get paid on time.

Government takes action to back small businesses and tackle late payments

Oct 04, 2023

The government has announced tougher measures to tackle the issue of late payments to small businesses. These new measures will be included in the upcoming Prompt Payment & Cash Flow Review, due to be published shortly and will improve delivery and enforcement of policies, enabling more small businesses to get paid on time.

Samantha Grimshaw promoted to sales manager role at Asset Finance Solutions (UK) Ltd

Asset Finance Solutions (UK) Ltd has announced the promotion of Samantha Grimshaw to the position of Sales Manager. This move is in response to the expansion of the sales team, driven by increased market demand.

Samantha Grimshaw promoted to sales manager role at Asset Finance Solutions (UK) Ltd

Oct 04, 2023

Asset Finance Solutions (UK) Ltd has announced the promotion of Samantha Grimshaw to the position of Sales Manager. This move is in response to the expansion of the sales team, driven by increased market demand.

Carrick Asset Finance celebrates fifth anniversary

Independent asset finance provider Carrick Asset Finance is celebrating the fifth anniversary of its launch in October 2018. In five years, Carrick Asset Finance has grown into a business employing 18 staff, with a book of over £70m, and have provided nearly £200m of new finance to SMEs of all shapes and sizes across the UK.

Carrick Asset Finance celebrates fifth anniversary

Oct 02, 2023

Independent asset finance provider Carrick Asset Finance is celebrating the fifth anniversary of its launch in October 2018. In five years, Carrick Asset Finance has grown into a business employing 18 staff, with a book of over £70m, and have provided nearly £200m of new finance to SMEs of all shapes and sizes across the UK.

 

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Wayne Spratt joins Time Finance as newest addition to its business development team

Time Finance has announced Wayne Spratt as a Business Development Manager in its Invoice Finance team. Wayne joins the leading alternative finance provider with over 20 years of experience in financial services, having previously held roles as a Business Development Manager at Bibby Financial Services, Aldermore Bank, and the Royal Bank of Scotland.

Wayne Spratt joins Time Finance as newest addition to its business development team

Oct 02, 2023

Time Finance has announced Wayne Spratt as a Business Development Manager in its Invoice Finance team. Wayne joins the leading alternative finance provider with over 20 years of experience in financial services, having previously held roles as a Business Development Manager at Bibby Financial Services, Aldermore Bank, and the Royal Bank of Scotland.

Alfa's Innovation in Implementation series concludes with a people focus

Alfa, a asset finance software solutions provider with a rich history of delivering innovative solutions and supporting complex implementations, has released the fifth and final instalment in its Innovation in Implementation series. Establishing Winning Frameworks and Teams explores the indispensable role of people in mitigating the risks associated with large and complex technology transformations.

Alfa's Innovation in Implementation series concludes with a people focus

Sep 29, 2023

Alfa, a asset finance software solutions provider with a rich history of delivering innovative solutions and supporting complex implementations, has released the fifth and final instalment in its Innovation in Implementation series. Establishing Winning Frameworks and Teams explores the indispensable role of people in mitigating the risks associated with large and complex technology transformations.

Business confidence dips in September

Business confidence fell to 36% in September, a five-point dip from the 18-month high of 41% recorded in August, according to the latest Lloyds Bank Business Barometer. The Business Barometer, which surveys around 1,200 companies across the economy, reported that companies saw a decline in both economic optimism and trading prospects for the year ahead.

Business confidence dips in September

Sep 29, 2023

Business confidence fell to 36% in September, a five-point dip from the 18-month high of 41% recorded in August, according to the latest Lloyds Bank Business Barometer. The Business Barometer, which surveys around 1,200 companies across the economy, reported that companies saw a decline in both economic optimism and trading prospects for the year ahead.

 

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ZEV mandate: government sets out path to zero emission vehicles by 2035

The government has set out the percentage of new zero emission cars manufacturers will be required to produce each year up to 2030, following the Prime Minister’s proportionate and pragmatic decision to delay the ban on new diesel and petrol cars from 2030 to 2035.

ZEV mandate: government sets out path to zero emission vehicles by 2035

Sep 29, 2023

The government has set out the percentage of new zero emission cars manufacturers will be required to produce each year up to 2030, following the Prime Minister’s proportionate and pragmatic decision to delay the ban on new diesel and petrol cars from 2030 to 2035.

Asset Alliance Group appoints Michael Bycroft as MD of Asset Finance & Leasing

Michael Bycroft will take on a wider brief at Asset Alliance Group after being promoted to the new position of Managing Director, Asset Finance & Leasing. Previously Managing Director of Bus & Coach, Bycroft now assumes responsibility for the strategic development of the Group and will oversee the truck and trailer contract hire, leasing and finance sales divisions, as well as the bus & coach, vendor finance and general asset finance sides of the business.

Asset Alliance Group appoints Michael Bycroft as MD of Asset Finance & Leasing

Sep 29, 2023

Michael Bycroft will take on a wider brief at Asset Alliance Group after being promoted to the new position of Managing Director, Asset Finance & Leasing. Previously Managing Director of Bus & Coach, Bycroft now assumes responsibility for the strategic development of the Group and will oversee the truck and trailer contract hire, leasing and finance sales divisions, as well as the bus & coach, vendor finance and general asset finance sides of the business.

Greg Sting appointed President of the Americas for PEAC

Asset finance platform, PEAC Solutions, has announced the promotion and appointment of Greg Sting as President of the Americas, where he will oversee all aspects of PEAC Solutions’ operations in the Americas, including credit, booking, sales support, customer care, collections, asset management, legal, IT, finance and human resources.

Greg Sting appointed President of the Americas for PEAC

Sep 29, 2023

Asset finance platform, PEAC Solutions, has announced the promotion and appointment of Greg Sting as President of the Americas, where he will oversee all aspects of PEAC Solutions’ operations in the Americas, including credit, booking, sales support, customer care, collections, asset management, legal, IT, finance and human resources.

Asset Finance Connect welcomes Arkle Finance as newest Corporate Member

We are pleased to announce that Arkle Finance has joined Asset Finance Connect as a Corporate Member. Edward Peck, CEO of Asset Finance Connect commented, “We are delighted that Arkle Finance has joined us as the newest Asset Finance Connect Corporate Member, bringing their insight and experience with brokers and SMEs in the asset finance market to our digital and face-to-face events.

Asset Finance Connect welcomes Arkle Finance as newest Corporate Member

Sep 29, 2023

We are pleased to announce that Arkle Finance has joined Asset Finance Connect as a Corporate Member. Edward Peck, CEO of Asset Finance Connect commented, “We are delighted that Arkle Finance has joined us as the newest Asset Finance Connect Corporate Member, bringing their insight and experience with brokers and SMEs in the asset finance market to our digital and face-to-face events.

Rightcharge bolsters board with three new appointments

The electric vehicle charging company Rightcharge has appointed automotive industry veteran David Betteley and business growth experts Grethe Skundberg and Julia Stent to its board, to further accelerate its UK operations and set sights on international expansion.

Rightcharge bolsters board with three new appointments

Sep 28, 2023

The electric vehicle charging company Rightcharge has appointed automotive industry veteran David Betteley and business growth experts Grethe Skundberg and Julia Stent to its board, to further accelerate its UK operations and set sights on international expansion.

 

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UK SMEs lack confidence in politicians, but skew to the left ahead of Party Conference season

As the Party Conference season kicks off, new data commissioned by SME funder, Bibby Financial Ser...

UK SMEs lack confidence in politicians, but skew to the left ahead of Party Conference season

Sep 28, 2023

Close Brothers Asset Finance boosts sales team with two new hires

Close Brothers Asset Finance has appointed two new Area Sales Managers to focus on growing the com...

Close Brothers Asset Finance boosts sales team with two new hires

Sep 28, 2023

Will Chinese electric car manufacturers transform the UK BEV market?

Analysis from David Betteley, Asset Finance Connect head of content. We have just published the s...

Will Chinese electric car manufacturers transform the UK BEV market?

Sep 28, 2023

Haulage company puts growth plans into gear with £250k funding support

Time Finance and Evolve Business Finance have facilitated a six-figure funding boost for a family-...

Haulage company puts growth plans into gear with £250k funding support

Sep 27, 2023