All articles by Brian Cantwell

EIB provides Grenke with €100m for SME leasing

The European Investment Bank (EIB) has supplied Grenke with a long-term, low-interest credit facility for up to €100m.

UTB brokers find Brexit uncertainty starting to bite

According to a broker sentiment poll carried out by United Trust Bank (UTB), two thirds (67%) of brokers operating in the asset finance sector believe that Brexit uncertainty is causing some businesses to delay investing in vehicles, plant, and machinery.

1pm agrees £62m block discounting with lenders

1pm has negotiated increased block discounting facilities totalling £62m with six of its existing funders.

Bibby £2.2m invoice discounting deal for care provider

Shire Leasing halts investment search, announces management changes

Tamworth-based Shire Leasing has halted the search for an equity investor and has announced senior management changes to its business.

Braemar Finance appoints first national sales director

Professions funder Braemar Finance has appointed David Angus as its first national sales director.

Online challenger Banco BNI Europa sees equity investment

Lisbon-based online challenger Banco BNI Europa has attracted equity investment and posted net income of €2.3m in 2017.

UK Finance: Invoice finance and ABL up 5% to £23.4bn in 2017

Tutte hands leadership of Ignition to Caunter

Ignition, a UK provider of vehicle and SME asset finance based in Truro, has appointed Paul Caunter as its managing director. 

LDF acquired by US ABL lender White Oak

LDF has been acquired from Cabot Square by the parent company of US asset-based lender White Oak for an undisclosed amount.