Shining a spotlight on the asset finance industry’s next generation of talent

The next generation of talented professionals will help to shape the future of the asset finance industry, bringing innovative ideas and creative flair to the table. As an industry we must encourage, develop and retain this emerging talent. Work is already being done though initiatives within the UK asset finance market, focusing on networking, innovation, and diversity and inclusion, to help attract, foster, and engage the career-driven young professionals who are the future of the industry.

Shining a spotlight on the asset finance industry’s next generation of talent

Nov 30, 2023

The next generation of talented professionals will help to shape the future of the asset finance industry, bringing innovative ideas and creative flair to the table. As an industry we must encourage, develop and retain this emerging talent. Work is already being done though initiatives within the UK asset finance market, focusing on networking, innovation, and diversity and inclusion, to help attract, foster, and engage the career-driven young professionals who are the future of the industry.

Asset finance lenders remain bullish in the face of challenging economic and geopolitical conditions

Two years of soaring inflation, the highest interest rates since 2009, soaring energy costs due to conflict in Ukraine and the Middle East, plus a general election on the horizon have reduced the appetite for SMEs to invest. The IMF has downgraded its 2024 forecast for UK growth to 0.6%, the lowest in the G7, and lenders are already facing higher credit risks and rising defaults. Amid this gloomy outlook, however, the asset finance industry is optimistic (in public at least), according to Asset Finance Connect’s inaugural Asset Finance Outlook report for H2 2023, sponsored by FIS. Historically, when the lending market gets tough, asset finance thrives, supporting SMEs when other lenders withdraw.

Asset finance lenders remain bullish in the face of challenging economic and geopolitical conditions

Nov 29, 2023

Two years of soaring inflation, the highest interest rates since 2009, soaring energy costs due to conflict in Ukraine and the Middle East, plus a general election on the horizon have reduced the appetite for SMEs to invest. The IMF has downgraded its 2024 forecast for UK growth to 0.6%, the lowest in the G7, and lenders are already facing higher credit risks and rising defaults. Amid this gloomy outlook, however, the asset finance industry is optimistic (in public at least), according to Asset Finance Connect’s inaugural Asset Finance Outlook report for H2 2023, sponsored by FIS. Historically, when the lending market gets tough, asset finance thrives, supporting SMEs when other lenders withdraw.

Global Market Data

Young Professionals 2023

Nov 30, 2023

The next generation of talented professionals will help to shape the future of the asset finance industry, bringing innovative ideas and creative flair to the table. As an industry we must encourage, develop and retain this emerging talent. Work is already being done though initiatives within the UK asset finance market, focusing on networking, innovation, and diversity and inclusion, to help attract, foster, and engage the career-driven young professionals who are the future of the industry.

Bynx Fleet Future

Bynx - Fleet Future Issue 4

Mar 22, 2022

A new report released today provides in-depth insights on grey fleet and the future use of private vehicles on company business. The Fleet Future report, powered by Bynx, is now available for download and reveals how the global Coronavirus pandemic is reshaping business transport around the world, including the role private vehicles play in corporate travel.

Technology Reports

NETSOL Technologies - Navigating the New Era of Technological Evolution in Finance & Leasing

Dec 14, 2023

The finance and leasing industry is undergoing rapid change due to technological advancements and Gen Z's digital-first preferences. To stay ahead of competitors, it is essential for businesses to offer flexible solutions like subscription models. It has now become necessary for businesses to adopt a flexible and adaptive approach to shape the future trajectory of the finance and leasing sector.