All articles by Christopher Marchant

Christopher Marchant

Interserve’s largest shareholder dismisses ‘terrible’ rescue plan

Interserve’s largest shareholder Coltrane has dismissed the rescue plan offered for the highly indebted outsourcing company.

Secure Trust Bank provides £8m facility to luggage manufacturer

Secure Trust Bank Commercial Finance has provided an £8m asset based lending facility to UK luggage manufacturer Antler.

Arkle Finance appoints chairman

Asset finance provider Arkle Finance has appointed the co-founder of Close Leasing as a non-executive chairman.

Banks to advise SMEs over Brexit concerns

Both Barclays Bank and TSB are to offer SME customers assurances and further information in light of Britain’s looming departure from the European Union.

PCF Bank raises £10m on AIM

PCF Bank has raised £10m on the Alternative Investments Market (AIM), plus an open offer to retail shareholders to raise £750,000.

Leasing Foundation to host asset finance technology debates

The Innovation Initiative from the Leasing Foundation is holding breakfast debates exploring the asset finance industry’s relationship to technology. 

Revealed: FTSE 350 companies with highest operating lease obligations

Royal Dutch Shell, BP and Sainsbury’s have the largest operating lease obligations which will have to be declared under IFRS 16 regulations.

LeasePlan sees 9.2% fall in net profits in 2018

European leasing and fleet management company LeasePlan has posted results showing net profitability down 9.2% in 2018 compared to the previous year.