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Commercial finance

New UK head for Bibby Financial Services

New UK head for Bibby Financial Services

Invoice finance firm Bibby Financial Services has appointed David Postings as chief executive in the UK. Postings succeeds Edward Rimmer who has been appointed chief executive of Bibby Ship Management, management service to the international marine industry.Free

Rise in resell partners for UK lessor

Rise in resell partners for UK lessor

UK IT lessor Syscap has seen a significant rise in the number of reseller partners joining through its online portal. The firm re-launched its Option One partnership programme last year as part of an upgrade to its website and has seen 60 additional IT resellers sign up since.Free

Financing the giant of European leasing

Financing the giant of European leasing

As the eurozone crisis has played out in news reports across the continent, Germany has been positioned as the immutable strongman of the economic area. Yet, as Leasing Life investigates the state of German leasing, we discover the economy is not without its challenges.Liquidity is a key concern in Germany, Thomas Stahl, country manager for Germany at De Lage Landen, told Leasing Life.

The burden of office

The burden of office

Office equipment leasing is a €16bn business in Europe and BNP Paribas Leasing Solutions is the dominate force in the market. Grant Collinson talks to the French lessor this vital sector With one new office equipment leasing transaction started every working minute, resulting in 100,000 new contracts each year, BNP Paribas Leasing Solutions holds the envious position of dominating the European market in office equipment.

Scorecards sharpen competitive edge

Scorecards sharpen competitive edge

An increasingly effective way to speed up decision-making and reduce risk for asset finance providers. The asset finance niche has to find new ways to evaluate risk in order to close more business profitably, and asset finance organisations worldwide can no longer base credit decisions solely on one or two criteria such as mere credit bureaux scores.

Releasing cash against invoices and assets

Releasing cash against invoices and assets

Asset-based finance can open the door to much needed capital as banks remain cautious to lend, says Evette Orams

Are you being served?

Are you being served?

The courts insist parties abide by the terms of their contract and will be strict about deadlines. Most contracts, including lease finance agreements, will provide for how and when notices relating to the agreement are to be served. Failure to serve in accordance with the contract may well result in any potential claim being lost.

New communication tools in vendor finance

New communication tools in vendor finance

Société Générale Equipment Finance (SGEF) France was a forerunner in 2004 with its decision-making tool Flashlease.com. Installed at its vendor partners’ premises, Flashlease allowed users to get a prompt answer, in just a few clicks, about the feasibility of financing an operation.

50% sales growth for MAN FS

50% sales growth for MAN FS

Des Evans, UK chief executive of MAN Truck & Bus, described the German manufacturer’s Financial Services division as “a bank that likes to sell trucks,” and running that bank is the job of Peter Collins, managing director of MAN Financial Services (MAN FS). As the truck and bus company celebrated its 20th anniversary in London, Leasing Life took the opportunity to speak with Collins and get a closer look at its leasing and finance arm.

Coming to a Close

Coming to a Close

Close Asset Finance will be 25 on April 13th, 2012. Its CEO and co-founder, Roger Stone, retired on March 31st, passing the reins to colleague of 18 years Mike Randall. Stone, 64, feels he is leaving at the top of his company’s performance.


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