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Fleet Friday VI: Creditsafe, DRIVE, Leasedrive

Fleet Friday VI: Creditsafe, DRIVE, Leasedrive

Nearly one-fifth of commercial vehicle lessors are not taking proper precautions to mitigate the risk of exposure to near-insolvent businesses, according to business information service Creditsafe.Free

European leasing survey now open

European leasing survey now open

Leaseurope and leasing advisory service Invigors are updating their joint survey of business confidence in the European leasing industry. The survey, which will generate the second edition of the bi-annual Business Confidence Survey for 2011, is now open online.Free

An eyeful for Premier Leasing

An eyeful for Premier Leasing

Lease broker Premier Leasing & Finance (PLF) has signed a two year contract with the Association of Optometrists (AOP) to be the sole provider of finance products for all of their members from January 2012. The lease and loan products will be for a range of optical equipment, including OPG machines, sight testing chairs and all other practice equipment, as well as finance for lab refurbishment, vehicles and IT equipment.Free

Oak Leasing signs deal with Biospace

Oak Leasing signs deal with Biospace

UK broker Oak Leasing has signed a contract with scientific development laboratory Biospace Lab to provide finance on its pre-clinical imaging systems to its European customers. The pre-clinical imaging systems use ultrasound to observe changes in animalsFree

Azule turns it up to 11 with loudspeaker deal

Azule turns it up to 11 with loudspeaker deal

Specialist lessor Azule Finance has helped European event production firm ML Executives expand its audio hire department with a £250,000 speaker system. ML Executives used an asset finance facility from Azule, who specialise in production, broadcast and leisure equipment, to purchase a d&b audiotechnik J-series Loudspeaker system.Free

Aldermore recruits structured finance team

Aldermore recruits structured finance team

Aldermore has recruited a team of seasoned financial professionals to develop a structured finance offering for UK SMEs. The line-up is led by Ian Flaxman, with support from Simon Maddocks and Peter Raybould. Flaxman, appointed head of structured finance, joined the growing UK bank from Credit Agricole Commercial FinanceFree

ABFA shows £1.4bn rise in invoice finance

ABFA shows £1.4bn rise in invoice finance

Invoice finance showed promising growth in the third quarter of 2011, according to statistics released by the AFBA. Total funding by the Asset Based Finance Association’s members to businesses this quarter reached £16bn, an increase of 9% or £1,4bn year-on-yearFree

CIT and Equanet in partnership

CIT and Equanet in partnership

CIT global vendor finance, the asset finance division of US financial services group CIT, has announced a new partnership with Equanet, a Dixons retail-owned provider of IT solutions to businesses. The venture will offer finance and leasing to UK-based companies in order to fund educational and business projects in IT. CIT will offer Equanet customers 0% leasing options on all hardware purchases over £1,000 in value.Free

Fleet Friday V: Honda, Alphabet, Lex & BCA

Fleet Friday V: Honda, Alphabet, Lex & BCA

“Honda is back in the fleet game.” That was the message given to delegates at the BVRLA conference by Ollie Parsons, national leasing and SMR manager at Honda UK. Parsons said the Japanese car manufacturer was renewing its focus on the fleet sector in the UK and was seeking better relations with fleet lessors.Free

SMEs prefer leasing, says Leaseurope report

SMEs prefer leasing, says Leaseurope report

European SMEs favour leasing above any form of bank lending and use it more than larger companies. A report published by Leaseurope into the use of leasing among SMEs in Europe found leasing was used by more of the companies surveyed than any individual form of bank lending.Free


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