BNP Paribas embarks on a new phase of rapid acceleration in energy transition

Building on expertise developed within its Low-Carbon Transition Group, BNP Paribas is embarking on a new phase designed to rapidly accelerate the transition to a low carbon economy.

BNP Paribas embarks on a new phase of rapid acceleration in energy transition

Jan 27, 2023

Building on expertise developed within its Low-Carbon Transition Group, BNP Paribas is embarking on a new phase designed to rapidly accelerate the transition to a low carbon economy.

Allica Bank extends funding range as it hits £200m of asset finance lending

Allica Bank, the fintech challenger bank dedicated to supporting UK small and medium businesses, has extended its asset finance proposition to include soft assets to meet the demand from its brokers and customers. The bank is offering financial support to help businesses finance soft assets, which may include the acquisition of IT, telecoms or security equipment, and further increasing the ways that businesses can increase their cashflow.

Allica Bank extends funding range as it hits £200m of asset finance lending

Jan 26, 2023

Allica Bank, the fintech challenger bank dedicated to supporting UK small and medium businesses, has extended its asset finance proposition to include soft assets to meet the demand from its brokers and customers. The bank is offering financial support to help businesses finance soft assets, which may include the acquisition of IT, telecoms or security equipment, and further increasing the ways that businesses can increase their cashflow.

SMEs to invest in sustainability as customers are influenced by green credentials

New data from Time Finance has shed light on the rise of conscious consumerism as it finds 82% of customers believe it is important for businesses to have green credentials, and 70% claim their sustainability commitment influences their decision to buy from them.

SMEs to invest in sustainability as customers are influenced by green credentials

Jan 26, 2023

New data from Time Finance has shed light on the rise of conscious consumerism as it finds 82% of customers believe it is important for businesses to have green credentials, and 70% claim their sustainability commitment influences their decision to buy from them.

EMEA

Bibby Financial Services supports NRC Waste Water Solutions with £3m funding package

Jan 24, 2023

Independent working capital provider, Bibby Financial Services (BFS), has supported major drainage services company NRC Waste Water Solutions (NRC WWS) with a £3m Asset Based Lending (ABL) package comprised of Asset Finance and Invoice Finance. The funding facility will enable its North West based founder to buy back the business he previously sold in 2018, and excel its growth ambitions in the UK.

Americas

US equipment finance industry confidence improves in December

Dec 20, 2022

The Equipment Leasing & Finance Foundation (the Foundation) has released the December 2022 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the US$1 trillion equipment finance sector. Overall, confidence in the equipment finance market is 45.9, an increase from the November index of 43.7.