Andrew Brameld steps into Chief Commercial Officer role at BNP Paribas Personal FinanceAndrew Brameld has stepped into the role of Chief Commercial Officer at BNP Paribas Personal Finance from his position as Managing Director of motor finance. Brameld joined BNP Paribas Personal Finance UK in 2017 following an extensive career in automotive finance to establish their motor finance division, which successfully launched in 2019. Andrew Brameld steps into Chief Commercial Officer role at BNP Paribas Personal FinanceApr 24, 2024 Andrew Brameld has stepped into the role of Chief Commercial Officer at BNP Paribas Personal Finance from his position as Managing Director of motor finance. Brameld joined BNP Paribas Personal Finance UK in 2017 following an extensive career in automotive finance to establish their motor finance division, which successfully launched in 2019. |
Stefany Rojas and Anne Jenkins appointed to key leadership roles at LeasepathLeasepath, provider of innovative financial technology solutions, has announced the appointment of Stefany Rojas as Executive Director and Vice President of Client Relations, and Anne Jenkins as Vice President of Product Management to drive impact and seize new opportunities in the UK market. Stefany Rojas and Anne Jenkins appointed to key leadership roles at LeasepathApr 24, 2024 Leasepath, provider of innovative financial technology solutions, has announced the appointment of Stefany Rojas as Executive Director and Vice President of Client Relations, and Anne Jenkins as Vice President of Product Management to drive impact and seize new opportunities in the UK market. |
Digitising communication channels for a collaborative broker-lender journeyIn our latest Leader’s Interview, Michael Common, co-founder and CEO of Nivo, shares his thoughts with Asset Finance Connect on the opportunities for further digitisation in the asset finance industry, the role of artificial intelligence (AI), and technology as a tool for collaboration in the broker-lender channel. Digitising communication channels for a collaborative broker-lender journeyApr 23, 2024 In our latest Leader’s Interview, Michael Common, co-founder and CEO of Nivo, shares his thoughts with Asset Finance Connect on the opportunities for further digitisation in the asset finance industry, the role of artificial intelligence (AI), and technology as a tool for collaboration in the broker-lender channel. |
Asset Finance Europe 50 2023 - maintaining growth in turbulent timesThe annual ranking of Europe’s leading asset finance providers today reveals the leasing companies that delivered industry growth during a year in which the asset finance industry continued to face a period of economic uncertainty. The Asset Finance Europe 50, sponsored by Alfa, is the unique European annual ranking survey of business equipment and fleet lessors that provides an objective overview of all parts of the European leasing market. Asset Finance Europe 50 2023 - maintaining growth in turbulent timesNov 09, 2023 The annual ranking of Europe’s leading asset finance providers today reveals the leasing companies that delivered industry growth during a year in which the asset finance industry continued to face a period of economic uncertainty. The Asset Finance Europe 50, sponsored by Alfa, is the unique European annual ranking survey of business equipment and fleet lessors that provides an objective overview of all parts of the European leasing market. |
Solifi Global Leasing Report 2023 reveals growth as the leasing industry emerges from the pandemicThe new Solifi Global Leasing Report 2023 reveals a promising 9.3% increase in new business volumes in 2021, as the global leasing industry emerged from the pandemic and equipment investments rebounded. The report highlights that the top 50 countries reported new business volume of US$1.463 billion in 2021, up from US$1.338 billion in 2020. Solifi Global Leasing Report 2023 reveals growth as the leasing industry emerges from the pandemicMar 01, 2023 The new Solifi Global Leasing Report 2023 reveals a promising 9.3% increase in new business volumes in 2021, as the global leasing industry emerged from the pandemic and equipment investments rebounded. The report highlights that the top 50 countries reported new business volume of US$1.463 billion in 2021, up from US$1.338 billion in 2020. |
Reigning champions InterBay Asset Finance return for the 2024 AFPA Trust Big QuizInterBay Asset Finance will be returning to defend their quizzing title at the AFPA Trust 2024 Big Quiz and raise vital funds for their chosen charity Depaul. The reigning Big Quiz winners are also proud to announce that they will be the pre-quiz drink sponsor at the 2024 quizzing event which will be held on 23rd May 2024 at the Royal Overseas League in London. Reigning champions InterBay Asset Finance return for the 2024 AFPA Trust Big QuizApr 23, 2024 InterBay Asset Finance will be returning to defend their quizzing title at the AFPA Trust 2024 Big Quiz and raise vital funds for their chosen charity Depaul. The reigning Big Quiz winners are also proud to announce that they will be the pre-quiz drink sponsor at the 2024 quizzing event which will be held on 23rd May 2024 at the Royal Overseas League in London. |
British Business Investments announces a £15m facility to Catfoss Finance LimitedBritish Business Investments has announced a £15m facility to Catfoss Finance Limited (“Catfoss”). The transaction will be structured as a block discounting agreement that will allow Catfoss to provide funding support to smaller businesses looking to acquire business-critical assets to accelerate their growth. British Business Investments announces a £15m facility to Catfoss Finance LimitedApr 24, 2024 British Business Investments has announced a £15m facility to Catfoss Finance Limited (“Catfoss”). The transaction will be structured as a block discounting agreement that will allow Catfoss to provide funding support to smaller businesses looking to acquire business-critical assets to accelerate their growth. |
Evolve Business Finance expands team with new business development executiveIndependent commercial finance broker, Evolve Business Finance, has announced the appointment of Nilima Begum to the newly established position of business development executive. In this role, Nilima will be responsible for fostering strong relationships with clients, driving business growth and ensuring everyone experiences a seamless onboarding process. Evolve Business Finance expands team with new business development executiveApr 23, 2024 Independent commercial finance broker, Evolve Business Finance, has announced the appointment of Nilima Begum to the newly established position of business development executive. In this role, Nilima will be responsible for fostering strong relationships with clients, driving business growth and ensuring everyone experiences a seamless onboarding process. |
Asset finance brokers banking on tech to improve customer journeyAn overwhelming majority (87%) of asset finance brokers believe investing in tech will give them a competitive-edge, but cost constraints mean they are looking to implement systems incrementally. That was the consensus among attendees at AFC’s webinar looking at why, who and how brokers can use tech to do more business, improve margins and better serve customers. Asset finance brokers banking on tech to improve customer journeyApr 22, 2024 An overwhelming majority (87%) of asset finance brokers believe investing in tech will give them a competitive-edge, but cost constraints mean they are looking to implement systems incrementally. That was the consensus among attendees at AFC’s webinar looking at why, who and how brokers can use tech to do more business, improve margins and better serve customers. |
AFC Leaders’ Summit Europe welcomes industry leaders to BrusselsOver 100 of Europe’s most senior industry leaders joined Asset Finance Connect (AFC) at the hugely successful inaugural Leaders’ Summit Europe, held in Brussels on 16th April, for a day of networking, panel discussions and roundtable sessions centred around the key topics affecting the equipment and auto finance markets in Europe today. AFC Leaders’ Summit Europe welcomes industry leaders to BrusselsApr 22, 2024 Over 100 of Europe’s most senior industry leaders joined Asset Finance Connect (AFC) at the hugely successful inaugural Leaders’ Summit Europe, held in Brussels on 16th April, for a day of networking, panel discussions and roundtable sessions centred around the key topics affecting the equipment and auto finance markets in Europe today. |
Nominate your employer for the Asset Finance Connect Best Organisation to Work for AwardRecognising the people and organisations that are part of the asset, auto and equipment finance industries, the Asset Finance Connect Summer Awards will be held on 9th July 2024 at City Central within the grounds of the Honourable Artillery Company in London, book your table now. Designed to recognise the best employer within the asset and auto finance communities, the hotly contested AFC Best Organisation to Work for Award is judged anonymously by the company’s own employees, meaning the accolade of “best company to work for” really is a true endorsement of how your employees feel. Nominate your employer for the Asset Finance Connect Best Organisation to Work for AwardApr 23, 2024 Recognising the people and organisations that are part of the asset, auto and equipment finance industries, the Asset Finance Connect Summer Awards will be held on 9th July 2024 at City Central within the grounds of the Honourable Artillery Company in London, book your table now. Designed to recognise the best employer within the asset and auto finance communities, the hotly contested AFC Best Organisation to Work for Award is judged anonymously by the company’s own employees, meaning the accolade of “best company to work for” really is a true endorsement of how your employees feel. |
UK small business growth forecasts hit three-year lowOnly three in 10 small business owners (30%) predict any form of growth in the next three months – the lowest it has been since the Covid lockdown of January 2021 (26%). After small business confidence enjoyed a slight peak after Covid restrictions finally fell away by Q2 2022 (37%), the percentage of business owners predicting growth has doggedly remained flat at 32-33% for the last eight quarters – which makes a fall this quarter appear to be significant. UK small business growth forecasts hit three-year lowApr 22, 2024 Only three in 10 small business owners (30%) predict any form of growth in the next three months – the lowest it has been since the Covid lockdown of January 2021 (26%). After small business confidence enjoyed a slight peak after Covid restrictions finally fell away by Q2 2022 (37%), the percentage of business owners predicting growth has doggedly remained flat at 32-33% for the last eight quarters – which makes a fall this quarter appear to be significant. |
Allica Bank achieves first full year profit – just three years since opening doors to lendingRecently named as the fastest-growing UK fintech ever by Deloitte in their UK Technology Fast 50 2023 ranking, Allica Bank today released its Annual Report for the year ending 31st December 2023, underlining a period of continued growth, strong financial metrics and watershed achievements. Reporting pre-tax profit of £16.1 million marks the first full year of profit at Allica, being one of the fastest UK fintechs to achieve full year profitability. Allica Bank achieves first full year profit – just three years since opening doors to lendingApr 22, 2024 Recently named as the fastest-growing UK fintech ever by Deloitte in their UK Technology Fast 50 2023 ranking, Allica Bank today released its Annual Report for the year ending 31st December 2023, underlining a period of continued growth, strong financial metrics and watershed achievements. Reporting pre-tax profit of £16.1 million marks the first full year of profit at Allica, being one of the fastest UK fintechs to achieve full year profitability. |
Funding failures hit SME sectorA third of SMEs are at risk of permanent closure if they are unable to secure necessary funding according to a recent survey conducted by invoice finance company Novuna Business Cash Flow, underlining the crisis facing lending to the UK’s smaller companies, a topic which will be explored in one of the keynote sessions at Asset Finance Connect’s (AFC) upcoming summer conference in June. Funding failures hit SME sectorApr 19, 2024 A third of SMEs are at risk of permanent closure if they are unable to secure necessary funding according to a recent survey conducted by invoice finance company Novuna Business Cash Flow, underlining the crisis facing lending to the UK’s smaller companies, a topic which will be explored in one of the keynote sessions at Asset Finance Connect’s (AFC) upcoming summer conference in June. |
Viewpoint: FLA broker accreditation schemeFollowing the recent Asset Finance Connect (AFC) webcast on the Finance & Leasing Association’s (FLA) broker accreditation scheme, AFC asked an investor in asset finance lenders and brokers his view on the FLA proposals for the scheme. Brokers are unsurprisingly reluctant to disagree publicly with their lender-partners. This investor prepared the following for us but asked not to be named. Viewpoint: FLA broker accreditation schemeApr 18, 2024 Following the recent Asset Finance Connect (AFC) webcast on the Finance & Leasing Association’s (FLA) broker accreditation scheme, AFC asked an investor in asset finance lenders and brokers his view on the FLA proposals for the scheme. Brokers are unsurprisingly reluctant to disagree publicly with their lender-partners. This investor prepared the following for us but asked not to be named. |
Richard Cameron to lead new Broker Solutions division at Close Brothers Asset Finance and LeasingRichard Cameron has been appointed to the position of Managing Director of the newly formed Broker Solutions division at Close Brothers Asset Finance and Leasing, which will simplify their market-leading broker offering and provide a single point of reference for brokers. A formal announcement will be made in the coming weeks providing more details. Richard Cameron to lead new Broker Solutions division at Close Brothers Asset Finance and LeasingApr 22, 2024 Richard Cameron has been appointed to the position of Managing Director of the newly formed Broker Solutions division at Close Brothers Asset Finance and Leasing, which will simplify their market-leading broker offering and provide a single point of reference for brokers. A formal announcement will be made in the coming weeks providing more details. |
UTB’s Nathan Mollett conquers the Marathon des SablesNathan Mollett, Head of Asset Finance at United Trust Bank has successfully completed the Marathon des Sables (MDS) Legendary, described as the ‘toughest footrace on Earth,’ raising over £13,500 for two worthy charities. The gruelling multi-stage ultramarathon saw Mollett race for 250km, the equivalent of six marathons, over six days through southern Morocco’s Sahara Desert, enduring blistering temperatures of 40 to 50 degrees centigrade. UTB’s Nathan Mollett conquers the Marathon des SablesApr 21, 2024 Nathan Mollett, Head of Asset Finance at United Trust Bank has successfully completed the Marathon des Sables (MDS) Legendary, described as the ‘toughest footrace on Earth,’ raising over £13,500 for two worthy charities. The gruelling multi-stage ultramarathon saw Mollett race for 250km, the equivalent of six marathons, over six days through southern Morocco’s Sahara Desert, enduring blistering temperatures of 40 to 50 degrees centigrade. |
Regulatory reform essential for Fintech innovation The next government must make “regulatory certainty” a cornerstone of the financial services regim... |
Urgent call for more accessible finance options with 34% of SMEs at risk of closure More flexible finance options are needed in the UK as 28% of SMEs are being turned down for fundin... |
Bluestone integrates with Siemens Financial Services API for strategic growth collaboration Independent finance broker, Bluestone, has collaborated with Siemens Financial Services (SFS) to o... |
Why asset finance brokers should get accredited by the FLA During the latest Asset Finance Connect (AFC) webcast, representatives from the Finance and Leasin... |