GE Capital, the finance arm of US industrial conglomerate GE, has posted a $6.5bn (€4.9bn) profit for 2011 – up some 107% from 2010.
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Azule Finance, the UK-based broadcast and media asset finance broker, has expanded its sales-aid finance venture with Sony Financial Services (FS) into Germany.

The deal is an extension of the existing arrangement between the companies in the UK, in which the Berkshire-based company acts as one Sony’s vendor finance partners.

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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

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

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

As a return of competition to the European leasing market looks more and more imminent, Fred Crawley gets the details on a significant comeback. Continue Reading

It seems this will be a good summer for diversification among the UK’s smaller funders. A new leasing business has been formed with the backing of invoice finance provider Ultimate Finance; State Securities is considering a return to the commercial property market after a major sales revival; and the ever-hungry Microlease has been ramping up business through an innovative sales-aid scheme, Fred Crawley reports. Continue Reading

As factoring brokers Cashflow UK and Hilton-Baird exchange business with lessors, Norton Folgate embarks on structured turnaround deals. Continue Reading

With no end in sight to its programme of recruitment, portfolio acquisition and business development, Aldermore is proving to be a lot more than just a fresh name on the market.  Fred Crawley finds out just what this new lender is all about. Continue Reading