Last Friday afternoon we welcomed 300 of the UK’s best specialist finance professionals to the spectacular Madison rooftop venue in London’s St Paul’s. Twenty seven awards were handed out to deserving companies and individuals who have made an outstanding contribution to the industry this year.
Asset finance new business (primarily leasing and hire purchase) grew by 9% in February, compared with the same month last year, figures from the Finance & Leasing Association show. Commercial vehicle finance increased in February by 17% compared with the same month in 2015. Business equipment finance and plant and machinery finance each grew by 12% […]
Asset finance new business (primarily leasing and hire purchase) grew by 3% in January compared with the same month last year – the 28th consecutive month of growth, figures from the Finance & Leasing Association have shown. Commercial vehicle finance and car finance grew in January by 6% and 4% respectively, but plant and machinery finance […]
Bank of London and The Middle East one of Britain’s five full-fledged Islamic banks, is set to acquire Renaissance Asset Finance as part of efforts to grow its leasing business. Dubai-listed BLME said in a statement the acquisition would be finalised in early April, without disclosing a deal size. The Islamic lender helped launch Renaissance […]
Leasing increased by 12% as expanding firms secured £29.1bn for assets last year – up from £26bn in 2014. Figures from the Finance & Leasing Association show that the use of leases is at highest level for seven years. Firms secured £29.1bn of leases last year for assets such as new vehicle fleets, IT systems and office equipment – up […]