Survival & Sustainability: Will new finance models thrive in a post-COVID-19 world?

The COVID-19 pandemic has halted two decades of global growth and raised several questions about how economies will function in the future. Experts are assessing whether the international upheaval caused by the pandemic will have a long-lasting impact on trade and finance, including how businesses will adapt to a changing environment. Where will future growth come from, and will it change our perspectives on what growth means?

Survival & Sustainability: Will new finance models thrive in a post-COVID-19 world?

Apr 08, 2020

The COVID-19 pandemic has halted two decades of global growth and raised several questions about how economies will function in the future. Experts are assessing whether the international upheaval caused by the pandemic will have a long-lasting impact on trade and finance, including how businesses will adapt to a changing environment. Where will future growth come from, and will it change our perspectives on what growth means?

International Asset Finance Network issues rallying call to auto and asset lenders

The UK chancellor’s £12 billion action plan in March allowed strong elements of a supply-side palliative care to the societal and industrial lock-down caused by the Covid-19 pandemic. A range of schemes have been devised to support businesses and funders including the Coronavirus Business Interruption Loan Scheme (CBILS), Term Funding for SMEs (TFSME), Contingent Term Repo Facility (CTRF) and the Covid Corporate Financing Facility (CCFF). The TFSME and the CCFF were inaccessible to UK independent and non-bank funders. Nor did it appear at first was CBILS, which had been designed to support smaller businesses from losing revenue and their cash-flow being disrupted.

International Asset Finance Network issues rallying call to auto and asset lenders

Apr 07, 2020

The UK chancellor’s £12 billion action plan in March allowed strong elements of a supply-side palliative care to the societal and industrial lock-down caused by the Covid-19 pandemic. A range of schemes have been devised to support businesses and funders including the Coronavirus Business Interruption Loan Scheme (CBILS), Term Funding for SMEs (TFSME), Contingent Term Repo Facility (CTRF) and the Covid Corporate Financing Facility (CCFF). The TFSME and the CCFF were inaccessible to UK independent and non-bank funders. Nor did it appear at first was CBILS, which had been designed to support smaller businesses from losing revenue and their cash-flow being disrupted.

Leasing Foundation launches new Industry Insights programme

The Leasing Foundation has launched a new Industry Insights programme to provide young talent with a range of experience in different industry roles. The initiative, supported by the Finance and Leasing Association, will give ‘high potential’ asset finance professionals the chance to gain exposure to businesses outside their own organisation, with support from their employer, as part of their professional development. Experiences can range from bank-owned lessors to captives, brokers, independents, advisors and technology service providers.

Leasing Foundation launches new Industry Insights programme

Apr 06, 2020

The Leasing Foundation has launched a new Industry Insights programme to provide young talent with a range of experience in different industry roles. The initiative, supported by the Finance and Leasing Association, will give ‘high potential’ asset finance professionals the chance to gain exposure to businesses outside their own organisation, with support from their employer, as part of their professional development. Experiences can range from bank-owned lessors to captives, brokers, independents, advisors and technology service providers.

Thought Leaders

Key questions to ask as you manage your business through the Coronavirus crisis

Apr 01, 2020

Unlike past crises, the current COVID-19 crisis has arrived with little warning and has left many organisations desperately playing catch-up in response to fast changing events.  Businesses who were planning their next phases of growth are now challenged to respond to urgent requests for re-structures and payment holidays with front-line sales teams being rapidly re-deployed to address these priorities. Beyond the immediate impact of trying to help customers with their short-term cash-flow management, we at Invigors suspect this is probably just the first wave of business impacts.

Appointments

Kathrin Kerls named new head of BMW Bank

Mar 30, 2020

BMW Bank has appointed Kathrin Kerls as its new chair of the board of management. She will take up the position in April and replaces Hans-Jürgen Cohrs, who is due to step down on the same date. He will remain to support her until he officially retires in June.

Leasing Professionals

The Leasing Foundation postpones planned event

Mar 02, 2020

A Leasing Foundation event planned for Monday has now been postponed amid the ongoing industry response to the Coronavirus. In a statement, the Leasing Foundation said: "Unfortunately, we have to postpone next week’s breakfast (Tuesday 10 March). RBS has informed us that, according to bank guidelines in the current environment, the venue is no longer available. "We sincerely apologise for any inconvenience this may cause, but the safety and wellbeing of colleagues is of course our main priority." For future updates, visit the dedicated Leasing Foundation Initiative LinkedIn Group.