All articles by Jason T

Jason T

Syscap rejects Anacap “boost” claims

Syscap, the independent IT finance provider, has rejected press reports that it had received a £5 million (5.3 million) boost from its private equity backer, Anacap.

General Capital suspended from AIM

General Capital’s shares have been suspended from trading due to its advisor and broker, Collins Stewart Europe, resigning.

New Century Finance drives business through football transfers

New Century Finance drives business through football transfers As lessors search for new areas in which to grow, Sussex-based lessor New Century Finance has created a niche market for itself by discounting football transfer fees.

Smartfundit wins venture capital deal as volume levels grow

Online finance portal smartfundit.com has secured £3.5 million (3.8 million) of funding from BayTech Venture Capital.

Tough watch

Keeping on top of developments at the large and rapidly expanding SG Equipment Finance is no mean feat But Ccile Le Bon, who has this role, tells Jason T Hesse she is rising to the challenge.

De Lage Landen to cut workforce by 3% as recession bites hard

De Lage Landen (DLL) has announced that it expects to reduce its global workforce by 3 percent in response to the ongoing economic downturn.

Yacht builder Ferretti raises ?30-40m for leasing

Italian yacht manufacturer Ferretti is close to obtaining 80 million worth of new credit lines, 30-40 million of which will be used for leasing arrangements.

In the eye of the storm

Captive finance companies are holding up despite the deepening recession Some, however, particularly those in the construction finance sector, have been hit hard, as Jason T Hesse discovers.

Lombard signs £2m coach deal

Lombard, the asset finance arm of Royal Bank of Scotland, has signed a deal with coach firm Swans Travel, worth £2 million (2.2 million), to upgrade its fleet with environmentally-friendly vehicles.

Pre-tax profit rises 22% at UniCredit Leasing

UniCredit Leasing saw total revenue increase by 11.2 percent to 704 million and profit before tax rise by 22 percent to 354 million in 2008, according to the latest figures released by the UniCredit group.