In a deal completed on 11th October 2011, Leumi ABL Limited, the asset based lending subsidiary of Bank Leumi (UK) plc, has acquired a portfolio of clients from Coface.

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Investec Asset Finance (AF) has appointed a new head of sales to help drive “cautious opportunistic growth” following a successful year for the company.

Wesley Harfield joins with 20 years experience in the asset finance industry to help grow the business through increased levels of origination within the broker, direct and vendor channels and will report to head of asset finance at the specialist bank, Mike Francis.

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Fred  Crawley, Senior Reporter at Leasing Life reports “The days of the wholly manufacturer-owned captive finance model may be numbered.” Continue Reading

The future for light commercial vehicles (LCV) looks bright, according to Steve Crawshaw, specialist consultant commercial vehicles at LeasePlan. Continue Reading

After double-digit sales growth, bank-owned asset finance companies are confident about the year ahead. Nick Huber and Janet Du Chenne of Leasing Life report. Continue Reading

UK businesses are increasingly turning to asset finance when investing in new equipment. A new quarterly confidence survey, published by the FLA for the first time recently, shows that finance company chiefs expect this trend to continue. Continue Reading

Hitachi Capital Business Finance has appointed Bob Rudge as Transportation Asset Manager as part of a bid to augment its commitment to wheeled asset funding. Continue Reading

LCV hire specialist Northgate has appointed Christopher Muir as Finance Director with immediate effect. Continue Reading

Following the recent Budget, which contained measures designed to increase the speed and scale of investment in low carbon energy projects, finance companies, green businesses and energy suppliers have met to discuss the emerging role of asset finance in achieving a low carbon economy. Continue Reading

The UK Budget statement on 23 March brought mixed news for asset finance. Perhaps the single most important change is an acceleration of the previously announced plans to reduce the UK corporation tax (CT) rate over the coming four years. Continue Reading