Action needed to unleash Europe’s Connected Car potential

A unique and broad alliance of consumer groups, automotive suppliers, leasing and rental industries, aftermarket operators, vehicle dealers, authorised and independent workshops, data publishers, and insurers have joined forces to call on Commissioner Thierry Breton to urgently bring forward long-planned legislation on access to in-vehicle data, functions and resources.

Action needed to unleash Europe’s Connected Car potential

Mar 31, 2023

A unique and broad alliance of consumer groups, automotive suppliers, leasing and rental industries, aftermarket operators, vehicle dealers, authorised and independent workshops, data publishers, and insurers have joined forces to call on Commissioner Thierry Breton to urgently bring forward long-planned legislation on access to in-vehicle data, functions and resources.

Who will be named the asset finance provider of the year 2023 at the AFC Summer Awards?

One of this year’s community awards at the Asset Finance Connect Summer Awards is the AFC asset finance provider of the year award, to recognise a market-leading asset finance organisation or broker that delivers all-round exceptional value to its publics, whilst demonstrate a strong entrepreneurial culture which is innovative, ambitious and which embodies all that is best about the UK asset finance industry as it seeks to meet the needs of borrowers, particularly SMEs. Why not submit your entry now or nominate one of the outstanding organisations that you work with. Closing date for entries is April 14th.

Who will be named the asset finance provider of the year 2023 at the AFC Summer Awards?

Mar 31, 2023

One of this year’s community awards at the Asset Finance Connect Summer Awards is the AFC asset finance provider of the year award, to recognise a market-leading asset finance organisation or broker that delivers all-round exceptional value to its publics, whilst demonstrate a strong entrepreneurial culture which is innovative, ambitious and which embodies all that is best about the UK asset finance industry as it seeks to meet the needs of borrowers, particularly SMEs. Why not submit your entry now or nominate one of the outstanding organisations that you work with. Closing date for entries is April 14th.

Government launches consultation on ZEV Mandate

Following the technical consultation on the design of the zero emission vehicle (ZEV) mandate for new cars and vans in June 2022 and the green paper on a new road vehicle CO2 regulatory framework in July 2021, the Government are now seeking views on the final proposed regulatory framework.

Government launches consultation on ZEV Mandate

Mar 30, 2023

Following the technical consultation on the design of the zero emission vehicle (ZEV) mandate for new cars and vans in June 2022 and the green paper on a new road vehicle CO2 regulatory framework in July 2021, the Government are now seeking views on the final proposed regulatory framework.

AFC SUMMER AWARDS - 12 JULY - SUBMIT A NOMINATION OR BOOK A TABLE!

AFT 06.2019 Banner 2

 

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.

 

WCG Report AFIBanner Download v2

 

Asset Finance Europe 50 2022 - delivering growth in a challenging market

The annual ranking of Europe’s leading asset finance providers reveals today the leasing companies that delivered industry growth during a year in which the asset finance industry continued to navigate the challenges and knock-on effects of the Covid pandemic.

Asset Finance Europe 50 2022 - delivering growth in a challenging market

Dec 20, 2022

The annual ranking of Europe’s leading asset finance providers reveals today the leasing companies that delivered industry growth during a year in which the asset finance industry continued to navigate the challenges and knock-on effects of the Covid pandemic.

 

AF50 Banner UK 2019

  
 

ELFA President and CEO Ralph Petta to retire at end of 2023

At a specially convened meeting of the Equipment Leasing and Finance Association (ELFA) Board of Directors on March 25th, Chair Bob Neagle announced that President and CEO Ralph Petta will retire at the end of 2023. Petta has served in a variety of roles at ELFA and its Foundation over the past 36 years. He was named President and CEO in 2016.

ELFA President and CEO Ralph Petta to retire at end of 2023

Mar 31, 2023

At a specially convened meeting of the Equipment Leasing and Finance Association (ELFA) Board of Directors on March 25th, Chair Bob Neagle announced that President and CEO Ralph Petta will retire at the end of 2023. Petta has served in a variety of roles at ELFA and its Foundation over the past 36 years. He was named President and CEO in 2016.

AFC Summer Awards 2023: How to write a compelling nomination

Asset Finance Connect receives over a hundred nominations per year for its annual summer awards – this makes a lot of work for our volunteer judges. Well written, well considered nominations stand more chance of winning because they tell the judges what they need to know, without making them work hard to find the information they need to reach a fair conclusion. Well written nominations are clear and succinct, provide objective evidence including facts and figures as well as subjective evidence like testimonials that make it easy for the judges to respond positively.

AFC Summer Awards 2023: How to write a compelling nomination

Mar 30, 2023

Asset Finance Connect receives over a hundred nominations per year for its annual summer awards – this makes a lot of work for our volunteer judges. Well written, well considered nominations stand more chance of winning because they tell the judges what they need to know, without making them work hard to find the information they need to reach a fair conclusion. Well written nominations are clear and succinct, provide objective evidence including facts and figures as well as subjective evidence like testimonials that make it easy for the judges to respond positively.

UK Government updates green finance strategy

The Government has today published ‘Mobilising green investment: 2023 green finance strategy’, an update to the earlier 2019 strategy, intended to harness the UK’s world-leading financial services sector to support our climate and environmental objectives.

UK Government updates green finance strategy

Mar 30, 2023

The Government has today published ‘Mobilising green investment: 2023 green finance strategy’, an update to the earlier 2019 strategy, intended to harness the UK’s world-leading financial services sector to support our climate and environmental objectives.

 
AFC SUMMER CONFERENCE - 13 JUNE - BOOK NOW!

AFT 06.2019 Banner 2

    

DF Capital partners with Victory Leisure Homes to drive growth

DF Capital has announced that it has partnered with holiday home and lodge manufacturer, Victory Leisure Homes, to help it grow its business. Based in Yorkshire, Victory Leisure Homes has been crafting holiday homes and lodges for over a decade, creating inspiring spaces for holidaymakers across the UK and Ireland. Victory uses cutting-edge technology and the best materials to create innovative accommodation that can be enjoyed by families year after year.

DF Capital partners with Victory Leisure Homes to drive growth

Mar 30, 2023

DF Capital has announced that it has partnered with holiday home and lodge manufacturer, Victory Leisure Homes, to help it grow its business. Based in Yorkshire, Victory Leisure Homes has been crafting holiday homes and lodges for over a decade, creating inspiring spaces for holidaymakers across the UK and Ireland. Victory uses cutting-edge technology and the best materials to create innovative accommodation that can be enjoyed by families year after year.

Stellantis and CACF on a mission to create a leading European multi-brand leasing company

Stellantis and Crédit Agricole Consumer Finance (CACF) have announced a joint venture to acquire ALD’s activities in Ireland, Norway and Portugal, as well as LeasePlan’s activities in the Czech Republic, Finland and Luxembourg.

Stellantis and CACF on a mission to create a leading European multi-brand leasing company

Mar 30, 2023

Stellantis and Crédit Agricole Consumer Finance (CACF) have announced a joint venture to acquire ALD’s activities in Ireland, Norway and Portugal, as well as LeasePlan’s activities in the Czech Republic, Finland and Luxembourg.

Brokers poised for success in 2023, finds Time Finance roundtable

Market resilience and optimism continue to boost confidence amongst brokers and fuel plans for growth, finds Time Finance. In a recent industry roundtable, the alternative finance provider invited a panel of leading Asset Finance brokers from across the country to discuss market predictions for 2023 and plans to assist recovery and growth of the UK SME market.

Brokers poised for success in 2023, finds Time Finance roundtable

Mar 30, 2023

Market resilience and optimism continue to boost confidence amongst brokers and fuel plans for growth, finds Time Finance. In a recent industry roundtable, the alternative finance provider invited a panel of leading Asset Finance brokers from across the country to discuss market predictions for 2023 and plans to assist recovery and growth of the UK SME market.

 

AFT 06.2019 Banner 2

 

NSM Insurance Group acquires equipment insurance specialist, Acquis

Acquis, provider of specialist insurance programmes to the asset finance market, has announced it has entered into an agreement to be acquired by NSM Insurance Group, a global leader in specialty insurance with more than US$1.5 bn in premium across 25+ niche insurance programs. For over 30 years, NSM has specialised in investing in a broad portfolio of insurance companies in the US and Europe.

NSM Insurance Group acquires equipment insurance specialist, Acquis

Mar 29, 2023

Acquis, provider of specialist insurance programmes to the asset finance market, has announced it has entered into an agreement to be acquired by NSM Insurance Group, a global leader in specialty insurance with more than US$1.5 bn in premium across 25+ niche insurance programs. For over 30 years, NSM has specialised in investing in a broad portfolio of insurance companies in the US and Europe.

Bibby Financial Services partners with Kesslers London Ltd to fund growth plans

Independent funder, Bibby Financial Services (BFS), has provided retail designer and manufacturer Kesslers London Ltd with a £3m Confidential Invoice Discounting (CID) package, to enable the business to move to an upgraded factory facility close to its historic East London location, while safeguarding 97 local jobs.

Bibby Financial Services partners with Kesslers London Ltd to fund growth plans

Mar 29, 2023

Independent funder, Bibby Financial Services (BFS), has provided retail designer and manufacturer Kesslers London Ltd with a £3m Confidential Invoice Discounting (CID) package, to enable the business to move to an upgraded factory facility close to its historic East London location, while safeguarding 97 local jobs.

Credit Risk Apathy Could Squash Your Chances of Fleet Financing

When you see a construction crew paving a road, laying cement onto a highway, or demolishing a building, it’s not just a one-man job. It requires multiple people and heavy-duty equipment like bulldozers, cranes, pavers, excavators and tractors. And then you have e-commerce businesses like Amazon, which rely on a large fleet of vehicles, vans and trucks to deliver their customers’ goods to their doors.

Credit Risk Apathy Could Squash Your Chances of Fleet Financing

Mar 29, 2023

When you see a construction crew paving a road, laying cement onto a highway, or demolishing a building, it’s not just a one-man job. It requires multiple people and heavy-duty equipment like bulldozers, cranes, pavers, excavators and tractors. And then you have e-commerce businesses like Amazon, which rely on a large fleet of vehicles, vans and trucks to deliver their customers’ goods to their doors.

Win £10,000 for your chosen charity at the AFPA Trust Big Quiz

More and more teams are registering and nominating their chosen charities for the AFPA Trust Big Quiz, which will take place on May 18th at the prestigious Royal Overseas League Club in Mayfair, London. Close Brothers, who are sponsoring the event, are hoping to take home the Rivermore Trophy and win £10,000 for their two worthy charities - Cancer Research UK and Make-A-Wish-Foundation.

Win £10,000 for your chosen charity at the AFPA Trust Big Quiz

Mar 29, 2023

More and more teams are registering and nominating their chosen charities for the AFPA Trust Big Quiz, which will take place on May 18th at the prestigious Royal Overseas League Club in Mayfair, London. Close Brothers, who are sponsoring the event, are hoping to take home the Rivermore Trophy and win £10,000 for their two worthy charities - Cancer Research UK and Make-A-Wish-Foundation.

South African financial institution upgrades to Solifi’s SaaS working capital solution

Solifi has announced that Merchant West Group, a leading privately-owned South African financial institution, will upgrade from an on-premise system to Solifi ABL on the Open Finance Platform. The upgrade is instrumental in the delivery of Merchant West Group’s plans to significantly scale their asset-based lending business in the South African region over the next three years.

South African financial institution upgrades to Solifi’s SaaS working capital solution

Mar 29, 2023

Solifi has announced that Merchant West Group, a leading privately-owned South African financial institution, will upgrade from an on-premise system to Solifi ABL on the Open Finance Platform. The upgrade is instrumental in the delivery of Merchant West Group’s plans to significantly scale their asset-based lending business in the South African region over the next three years.

 

AFT 06.2019 Banner 2

Andrew Peet, digital transformation specialist, joins Finativ

With finance companies under increasing pressure to find digital solutions that deliver step-chang...

Andrew Peet, digital transformation specialist, joins Finativ

Mar 27, 2023

Dealers avoid stocking high value used cars due to inflationary pressures reports Aston Barclay

The majority of dealers are continuing to only buy higher value used cars to order rather than for...

Dealers avoid stocking high value used cars due to inflationary pressures reports Aston Barclay

Mar 28, 2023

Nivo offers its mobile solution for free to help brokers meet Consumer Duty deadline

With the Consumer Duty deadline less than 125 days away, fintech innovator Nivo is extending a hel...

Nivo offers its mobile solution for free to help brokers meet Consumer Duty deadline

Mar 28, 2023

STAR Asset Finance becomes newest Asset Finance Connect Corporate Member

We are pleased to announce that STAR Asset Finance Group has joined Asset Finance Connect as a Cor...

STAR Asset Finance becomes newest Asset Finance Connect Corporate Member

Mar 27, 2023