AFC Summer Awards – deadline extended

Due to overwhelming demand from our incredible community, we have decided to extend the deadline for submissions to our prestigious Summer Awards until Friday 3rd May. We understand that crafting excellence takes time and dedication, and we want to ensure that every deserving contender has the opportunity to shine and gain the recognition they deserve.

AFC Summer Awards – deadline extended

Apr 26, 2024

Due to overwhelming demand from our incredible community, we have decided to extend the deadline for submissions to our prestigious Summer Awards until Friday 3rd May. We understand that crafting excellence takes time and dedication, and we want to ensure that every deserving contender has the opportunity to shine and gain the recognition they deserve.

Regulator “not good enough” at tackling SME finance worries

SMEs are facing a growing credit crunch, while financial regulators are failing to tackle one of the key obstacles to small business gaining access to the finance they need for growth, according to the Federation of Small Businesses (FSB). Its research shows just half (53%) of SME credit applications were successful in the final three months of 2023, significantly down from a 62% success rate in the previous three months.

Regulator “not good enough” at tackling SME finance worries

Apr 25, 2024

SMEs are facing a growing credit crunch, while financial regulators are failing to tackle one of the key obstacles to small business gaining access to the finance they need for growth, according to the Federation of Small Businesses (FSB). Its research shows just half (53%) of SME credit applications were successful in the final three months of 2023, significantly down from a 62% success rate in the previous three months.

Time Finance welcomes Dan Murphy as the newest addition to its business development team

Dan Murphy has joined Time Finance as Business Development Manager in its Invoice Finance team. Murphy joins with over five years’ experience in the financial services industry having held positions at Barclays, Praetura Invoice Finance and Grenke UK. Taking on this new role at Time Finance, Murphy will be responsible for building his network of introducers across North Manchester by providing their business owner clients with the funding they need to flourish.

Time Finance welcomes Dan Murphy as the newest addition to its business development team

Apr 24, 2024

Dan Murphy has joined Time Finance as Business Development Manager in its Invoice Finance team. Murphy joins with over five years’ experience in the financial services industry having held positions at Barclays, Praetura Invoice Finance and Grenke UK. Taking on this new role at Time Finance, Murphy will be responsible for building his network of introducers across North Manchester by providing their business owner clients with the funding they need to flourish.

 

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Asset Finance Europe 50 2023 - maintaining growth in turbulent times

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.

Asset Finance Europe 50 2023 - maintaining growth in turbulent times

Nov 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.

 

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Solifi Global Leasing Report 2023 reveals growth as the leasing industry emerges from the pandemic

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.

Solifi Global Leasing Report 2023 reveals growth as the leasing industry emerges from the pandemic

Mar 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.

 

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Haydock Finance quizzing for local charity partner at AFPA Trust Big Quiz

Haydock Finance will be quizzing for their local charity partner - The Wish Centre - at this year’s AFPA Trust’s Big Quiz to be held on Thursday 23rd May at the prestigious Royal Overseas League Club in Mayfair, London.

Haydock Finance quizzing for local charity partner at AFPA Trust Big Quiz

Apr 25, 2024

Haydock Finance will be quizzing for their local charity partner - The Wish Centre - at this year’s AFPA Trust’s Big Quiz to be held on Thursday 23rd May at the prestigious Royal Overseas League Club in Mayfair, London.

Simply Asset Finance’s Liverpool office celebrates £7 million in advances in its inaugural year

In a standout opening year for Simply’s Liverpool office, the team has doubled in size and worked with over 800 customers to deliver tailored asset financing to SMEs based in the North West. This week Simply hosted an event to celebrate the successes of the Liverpool team where the growing network of business development executives has delivered £7 million in advances and over 100 deals in the first year as well as supporting over 50 brokerages.

Simply Asset Finance’s Liverpool office celebrates £7 million in advances in its inaugural year

Apr 25, 2024

In a standout opening year for Simply’s Liverpool office, the team has doubled in size and worked with over 800 customers to deliver tailored asset financing to SMEs based in the North West. This week Simply hosted an event to celebrate the successes of the Liverpool team where the growing network of business development executives has delivered £7 million in advances and over 100 deals in the first year as well as supporting over 50 brokerages.

Allica Bank completes £500m of asset finance lending

With Allica Bank reaching an impressive £500 million asset finance lending milestone this week, Asset Finance Connect spoke to Allica’s head of asset finance sales, Brandon Hall, to find out the secret to their success. Allica Bank – the business bank dedicated to serving established businesses – has revealed it has lent over £500 million in asset finance. Having launched its asset finance arm in January 2021, Allica says that over the past 12 months it has lent almost double the amount it lent in the previous two years combined.

Allica Bank completes £500m of asset finance lending

Apr 24, 2024

With Allica Bank reaching an impressive £500 million asset finance lending milestone this week, Asset Finance Connect spoke to Allica’s head of asset finance sales, Brandon Hall, to find out the secret to their success. Allica Bank – the business bank dedicated to serving established businesses – has revealed it has lent over £500 million in asset finance. Having launched its asset finance arm in January 2021, Allica says that over the past 12 months it has lent almost double the amount it lent in the previous two years combined.

 
AFC SUMMER CONFERENCE - 6 JUNE IN LONDON

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Cambridge & Counties Bank awarded green iiE accreditation for ninth year in a row

Cambridge & Counties Bank, has been awarded Investors in the Environment (iiE) accreditation for a record ninth year in a row. The bank achieved the Green level accreditation with a score of 76% in the official auditing process, which is based on eight separate sub-categories including leadership and governance, carbon management, waste management, and environmental and social projects. In the latter sub-category, the bank scored 100%.

Cambridge & Counties Bank awarded green iiE accreditation for ninth year in a row

Apr 25, 2024

Cambridge & Counties Bank, has been awarded Investors in the Environment (iiE) accreditation for a record ninth year in a row. The bank achieved the Green level accreditation with a score of 76% in the official auditing process, which is based on eight separate sub-categories including leadership and governance, carbon management, waste management, and environmental and social projects. In the latter sub-category, the bank scored 100%.

UTB launches block discounting service

United Trust Bank (UTB) has announced the launch of its Block Discounting service which aims to provide funding to non-bank lenders unable to fund their operations through retail consumer deposits. The new venture, headed up by UTB’s Julian Mellors, soft launched in October 2023 and has several live facilities with small and medium-sized independent asset finance companies and is in various stages of negotiations with more potential partners.

UTB launches block discounting service

Apr 25, 2024

United Trust Bank (UTB) has announced the launch of its Block Discounting service which aims to provide funding to non-bank lenders unable to fund their operations through retail consumer deposits. The new venture, headed up by UTB’s Julian Mellors, soft launched in October 2023 and has several live facilities with small and medium-sized independent asset finance companies and is in various stages of negotiations with more potential partners.

Who will be named the ‘Rising Star’ of 2024 at the Asset Finance Connect Summer Awards?

The changing mindset and culture within the asset finance industry is helping to attract the next generation of talented young professionals. To recruit and retain this new talent, the industry must foster, develop, guide and support the rising stars of the industry. Recognising this new and upcoming industry talent, the Rising Star Award 2024 will celebrate an exceptional new talent who has demonstrated their true passion for the industry, has started to make a positive impact, and has ability and ambition to excel.

Who will be named the ‘Rising Star’ of 2024 at the Asset Finance Connect Summer Awards?

Apr 24, 2024

The changing mindset and culture within the asset finance industry is helping to attract the next generation of talented young professionals. To recruit and retain this new talent, the industry must foster, develop, guide and support the rising stars of the industry. Recognising this new and upcoming industry talent, the Rising Star Award 2024 will celebrate an exceptional new talent who has demonstrated their true passion for the industry, has started to make a positive impact, and has ability and ambition to excel.

 
 
AFC AWARDS - 9 JULY IN LONDON

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PEAC and NOBLELIFT unite in strategic financing partnership

Multi-national asset finance platform, PEAC Solutions, has announced a program agreement with NOBLELIFT North America, a global manufacturer specialising in lithium-iron electric forklifts and material handling equipment. Revolutionising the material handling landscape, the partnership will combine PEAC’s comprehensive financing prowess with NOBLELIFT’s cutting-edge product offerings.

PEAC and NOBLELIFT unite in strategic financing partnership

Apr 25, 2024

Multi-national asset finance platform, PEAC Solutions, has announced a program agreement with NOBLELIFT North America, a global manufacturer specialising in lithium-iron electric forklifts and material handling equipment. Revolutionising the material handling landscape, the partnership will combine PEAC’s comprehensive financing prowess with NOBLELIFT’s cutting-edge product offerings.

Shoosmiths appoints Shama Perera as director of business development & marketing

  Shoosmiths has appointed Shama Perera as the new director of business development & marketing. Perera will drive the firm’s client-led growth strategy across the firm’s core practice areas of real estate, corporate and litigation and five sectors of energy and infrastructure, mobility, financial services, living and technology.

Shoosmiths appoints Shama Perera as director of business development & marketing

Apr 24, 2024

  Shoosmiths has appointed Shama Perera as the new director of business development & marketing. Perera will drive the firm’s client-led growth strategy across the firm’s core practice areas of real estate, corporate and litigation and five sectors of energy and infrastructure, mobility, financial services, living and technology.

Dawn Tuck joins Close Brothers Asset Finance’s Manufacturing team

Close Brothers Asset Finance’s Manufacturing team has announced the appointment of Dawn Tuck to the position of Regional Sales Manager for the North West. Dawn brings significant financial services experience to the role – including over 25 years in asset finance – gained at some of the UK’s leading funders.

Dawn Tuck joins Close Brothers Asset Finance’s Manufacturing team

Apr 25, 2024

Close Brothers Asset Finance’s Manufacturing team has announced the appointment of Dawn Tuck to the position of Regional Sales Manager for the North West. Dawn brings significant financial services experience to the role – including over 25 years in asset finance – gained at some of the UK’s leading funders.

Why, where and how asset finance brokers should use tech in their businesses

During the latest Asset Finance Connect (AFC) webcast, sponsored by NETSOL Technologies, representatives from the asset finance broker and lender communities came together to explore the role of broker technology, looking at why, where and how brokers can use tech to do more business, improve margins and better serve customers and lenders.

Why, where and how asset finance brokers should use tech in their businesses

Apr 25, 2024

During the latest Asset Finance Connect (AFC) webcast, sponsored by NETSOL Technologies, representatives from the asset finance broker and lender communities came together to explore the role of broker technology, looking at why, where and how brokers can use tech to do more business, improve margins and better serve customers and lenders.

Andrew Brameld steps into Chief Commercial Officer role at BNP Paribas Personal Finance

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.

Andrew Brameld steps into Chief Commercial Officer role at BNP Paribas Personal Finance

Apr 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 Leasepath

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.

Stefany Rojas and Anne Jenkins appointed to key leadership roles at Leasepath

Apr 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.

 

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Reigning champions InterBay Asset Finance return for the 2024 AFPA Trust Big Quiz

InterBay Asset Finance will be returning to defend their quizzing title at the AFPA Trust 2024 Big...

Reigning champions InterBay Asset Finance return for the 2024 AFPA Trust Big Quiz

Apr 23, 2024

British Business Investments announces a £15m facility to Catfoss Finance Limited

British Business Investments has announced a £15m facility to Catfoss Finance Limited (“Catfoss”)....

British Business Investments announces a £15m facility to Catfoss Finance Limited

Apr 24, 2024

Digitising communication channels for a collaborative broker-lender journey

In our latest Leader’s Interview, Michael Common, co-founder and CEO of Nivo, shares his thoughts ...

Digitising communication channels for a collaborative broker-lender journey

Apr 23, 2024

Evolve Business Finance expands team with new business development executive

Independent commercial finance broker, Evolve Business Finance, has announced the appointment of N...

Evolve Business Finance expands team with new business development executive

Apr 23, 2024

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