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Long Read: Focus on failed companies

Leasing World Long Read In this week's Long Read, Contributing Editor Allan Foad revisits recent articles covering firms who have been brought down by a combination of poor corporate governance and fraud, with a specific focus on three companies: Patisserie Valerie, London Capital & Finance, and Greensill Capital...

 

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BVRLA: local authorities stepping up EV plans

BVRLA Half of all local authorities now have an electric vehicle charging strategy in place, but only a tiny proportion are talking to fleets about their needs. The latest Fleet Friendly Charging Index from the BVRLA shows that 49pct of local authorities have a plan in place, up from 37pct last year...

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Haydock helps raise over £10k for Wish Centre

The Wish Centre Haydock Finance, specialists in supportive business finance, partnered with The Wish Centre as a headline sponsor for the for the ‘Wish Upon a Star’ fundraising ball held at the Dunkenhalgh Hotel which raised over £10,000 for the charity. The funds raised at the Ball will play a vital role in providing support to over 3800 people each year...

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Novuna launches sustainability podcast

Novuna Business Finance Novuna Business Finance has launched its first-ever Sustainability Business Podcast which will be available to download from tomorrow, Thursday 14 March. The first in a series of Podcasts planned this year, it is designed to spark meaningful conversations to support SMEs in their journey towards achieving Net Zero targets...

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Steve Cocks recognised for Outstanding Contribution

Steve Cocks from Lex Autolease Steve Cocks of Lex Autolease was named as the latest recipient of the Freddie Aldous Outstanding Contribution Award. Presented at last Thursday's BVRLA Annual Dinner. Each year, and in memory of the BVRLA Honorary Life President who passed away in 2017, the Freddie Aldous Outstanding Contribution award goes to a true advocate that is helping to drive the BVRLA and its members forward...

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Celebrations at AFPA Trust

International Womens Day AFPA Trust The Asset Finance Professionals Association (“AFPA”) Trust, a charitable organisation in the UK dedicated to establishing itself as the leading charitable entity within the asset finance and leasing industry, celebrated a remarkable success with its first ever International Women’s Day Networking Lunch on Friday 8 March...

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Shire Leasing passes £200m milestone

Mark Picken Shire Leasing PLC has today proudly announced a major milestone in its strategic growth plan, with gross receivables surpassing £200 million. CEO of Shire Leasing Mark Picken (pictured) described the achievement as "testament to Shire Leasing’s position as an innovative, forward-thinking funder within the asset finance market...” 

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Leasing Foundation celebrates female trailblazers

Helena Thernstrom Today (Friday 8 March) is International Women’s Day, and so it’s a good time to honour and celebrate women past, present and future. Helena Thernstrom, Leasing Foundation board member and inclusion lead (pictured), said, “This year’s IWD theme ‘Inspire Inclusion’ is incredibly close to my heart..." 

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AF new business climbs 8% in January

Finance & Leasing Association Figures published this morning by the Finance & Leasing Association (“FLA”) show that total asset finance new business (primarily leasing and hire purchase) grew in January 2024 by 8pct compared with the same month in 2023.  In the twelve months to January 2024, new business was 12pct higher than in the same period in 2023.

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BVRLA fills ballroom for Annual Dinner

Geoff Norcott at BVRLA Annual Dinner The British Vehicle Rental & Leasing Association (“BVRLA”) held its Annual Dinner last night (Thursday 7 March 2024) in the Ballroom at the London Hilton on Park Lane. A capacity crowd was there to celebrate all the award winners...

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BBB welcomes Growth Guarantee Scheme

British Business Bank - Growth Guarantee Scheme The British Business Bank has described the third iteration of the Recovery Loan Scheme, now known as the Growth Guarantee Scheme, as "a vital ingredient in the smaller business finance landscape.” The terms of the scheme will remain unchanged, ensuring continuity and consistency for lenders and the business community until the end of March 2026...

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Spring Budget: Leased assets included in full expensing

Spring Budget 2024 Commenting on the Chancellor’s announcement in yesterday's Budget that leased assets will be included in full expensing once affordable, Director General of the FLA Stephen Haddrill said, “This is a great outcome from a long-term campaign by the FLA..."

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Lendscape welcomes Regional Commercial Director

Chris Coleman Lendscape has announced the appointment of Chris Coleman as Regional Commercial Director. Coleman (pictured) brings extensive industry experience, having spent over fifteen years structuring complex Asset Based Lending and invoice finance deals for RBS, Santander and Lloyds before moving into commercial financing technology...

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UTB shows strong response to 2023 challenges

Harley Kagan, CEO at United Trust Bank United Trust Bank (“UTB”) reports that it “successfully navigated a challenging economic environment to deliver an impressive financial performance” last year. The specialist lender’s Annual Report & Accounts for the year ending 31 December 2023, published today, show the Bank’s Operating Profit increased by 41pct to £87.5 million in 2023...

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Shining a light on inspirational women

International Women's Day 2024 The Leasing Foundation asks: "Anyone up for helping increase representation of the world’ largest under-represented group? This is Women’s History Month and we are three days away from the 2024 International Women’s Day!"...

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FLA comments on Small Business Finance Markets report

Finance and Leasing AssociationCommenting on the release of the British Business Bank’s Small Business Finance Markets 2023/24 report, Director of Business Finance at the Finance & Leasing Association Simon Goldie said, “This is yet more evidence that leasing and hire purchase are the products of choice for an increasing number of business owners..."

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Smaller business AF new deals reach £23.5bn

British Business Bank The British Business Bank’s Small Business Finance Markets 2023/24 report, launching today (Friday 1 March), finds that asset finance grew for the third year in a row, increasing 7pct in 2023 to £23.5 billion, the highest level on record.

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Cat Powell takes Head of Data Insight role

Cat Powell Novuna Business Finance has announced that Cat Powell has been appointed as Head of Data Insight and Automation. Cat has been at Novuna for four and a half years, leading the company’s strategic change team through a number of large-scale projects...

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Aldermore posts solid H1 results

Aldermore Group Aldermore Group has posted a 13pct growth in operating profit before tax to £132.8 million (H1 2023: £117.0 million) as it publishes its half year results for the six months to 31 December 2023. The Group was able to drive portfolio growth in higher returning lending segments, and continued deposit growth...

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Long Read: Reaping the awards of change

Lee Rhodes In this week's Long Read, Lee Rhodes, Commercial Director Asset Finance at Aldermore, explains how his company has been working side by side with brokers to meet tight deadlines. Now deep into the second year of a five-year strategy, Aldermore is now applying its expertise to help introducers and customers get access to finance that’s both specific to their markets and flexible to their needs...

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Packed with positivity: the FLA Annual Dinner

FLA Annual Dinner 2024 The thumbnail image accompanying this news story can only hint at the scale of last night’s Finance & Leasing Association Annual Dinner, because you simply can’t fit all 1400 guests in a single picture — but at least we tried! FLA Chair John Phillipou took the opportunity to announce the launch of “FLA Accredited Broker”...

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Flex powers Haydock Broker Division

NETSOL NETSOL Technologies customer Haydock Finance is offering access to NETSOL’s API-based calculation engine Flex to its broker division...

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Acquis and Odessa agree software integration

systems news Acquis has recently announced the integration of its services into leading software platform Odessa...

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Paul Slapa joins VLS

Paul Slapa Virtual Lease Services Limited ("VLS") has appointed Paul Slapa as Sales and Marketing Director...

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Nivo to demonstrate new AI system

Nivo logo Nivo invites Asset Finance funders to a live online demonstration on 22 February...

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Alfa announces Total Originations

Alfa Total Originations Alfa has announced the introduction of Total Originations, an advanced originations product designed for all markets...

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New Europe Sales Director at NETSOL

NETSOL logo NETSOL Technologies, Inc. has appointed Jason Hurwitz as Sales Director of Europe...

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New VP of Deployment at LTi

LTi logo LTi Technology Solutions has named Ryan Ledden as VP of Deployment Operations...

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LTi welcomes Jen Martin

Jen Martin LTi Technology Solutions has appointed Jen Martin as Chief Product Officer...

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Haydock picks Dock and Lane

NETSOL Haydock Finance has signed up for two additional products from NETSOL’s Appex Now marketplace – Dock and Lane...

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Tower Leasing chooses ASPIRE

LTi ASPIRE Tower Leasing is driving its digital transformation with the implementation of LTi’s ASPIRE platform...

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LTi makes $6,500 donation

LTi LTi Technology Solutions ("LTi") has donated over $6,500 to local Youth Emergency Services & the Love Life Now Foundation...

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BFS picks Alfa

Bibby Financial Services International SME financier Bibby Financial Services has announced a strategic investment in Alfa Start...

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Alfa unveils Compose

Alfa Systems 6 Alfa has announced the first of six releases in Alfa Systems 6, described as "a breakthrough iteration of its software platform." The release introduces Compose...

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Solifi announces enhancements

Solifi Solifi has announced the latest product enhancements for Solifi ABL, aimed at improving efficiency through automation, reporting, and customer experience...

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Internal Recruiter - THC Recruitment
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Collections Officer - THC Recruitment
Pricing and Financial Planning & Analysis Graduate - THC Recruitment
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Risk Manager – Middle Ticket – Hybrid working / office base Northern Home Counties - salary up to £70,000 + 10% bonus + excellent benefits - Robinson Toms Recruitment
Internal Sales Executive – Specialist Car Finance – Hybrid / Central London Salary to £49,000 , on target earnings + 50% quarterly paid - Robinson Toms Recruitment
Senior Manager - Business Development - Stocking Finance – location flexible - salary to £80,000 + total bonus up to 75% of salary , quarterly paid + car allowance and usual benefits - Robinson Toms Recruitment
Area Sales Manager – South Yorkshire – Manufacturing Asset Finance – Salary to £45,000 plus monthly commission and superb annual bonuses plus totally uncapped earnings , realistic year one earnings £80,000 year two £100,000 , year 3 £125,000 + - Robinson Toms Recruitment
Programme Manager – Technology Finance – Salary to £100,000 + & bonus of 30% + car allowance and excellent benefits - Robinson Toms Recruitment
Credit Manager – Thames Valley / Hybrid – IT sector – salary range to c£80,000 plus 10% bonus and benefits - Robinson Toms Recruitment
Area Sales Manager– Transport Asset Finance - HGV’s , LCV’s , trailers etc – Norfolk , Suffolk Cambridgeshire & Northants – Salary up to £55,000 + monthly commission paid on every deal closed plus excellent annual bonuses - totally uncapped - Robinson Toms Recruitment
J3300 - Stocking Executive - UK, Greater London / Surrey (Hybrid) - Asset Finance - New Leaf Search
K3278 - Operations Executive - UK, Harrow / North West London (Office Based) - Asset Finance - New Leaf Search
K3305 - Corporate Social Responsibility Manager - UK, Greater London / Surrey (Hybrid) - Asset Finance - New Leaf Search
K3297 - Internal Sales Executive, Motor / Green Assets - UK, Birmingham (Office-Based) - Asset Finance - New Leaf Search
J3307 - Customer Services Coordinator - UK, Greater London / Surrey (Hybrid) - Asset Finance - New Leaf Search
J3299 - Asset Finance Collector, 18Mth FTC - UK, Thames Valley (Hybrid) - Asset Finance - New Leaf Search
J3289 - Senior Credit Underwriter - UK, Surrey (Hybrid) - Asset Finance - New Leaf Search
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