All articles by Jonathan Minter
Jonathan Minter
Jonathan is the editor of Motor Finance magazine. You can reach him at jonathan.minter@verdict.co.uk
HSBC funds Ogilvie Fleet expansion
Contract hire, leasing and fleet management provider Ogilvie Fleet has received a funding facility from HSBC which it says will enable it to fund almost £100m worth of vehicles.
Shoosmiths adds former DWF team
Law firm Shoosmiths has recruited five lawyers from fellow legal firm DWF.
FLA chairman joins The Car Finance Company
Nigel Clibbens, Finance & Leasing Association chairman, has joined The Car Finance Company (TCFC) as chief financial officer.
Net lending grows in 2014 for Black Horse and Lex
Black Horse, the motor finance arm of Lloyds Bank, saw net lending grow 45% year-on-year to £6.8bn in 2014.
Hitachi Capital survey reveals only 14% of SMEs rely on asset finance
Just 14% SMEs used asset finance to drive their business over the last 12 months, according to a survey of 1,005 SME decision makers by Hitachi Capital in October.
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Compliancy Services: FCA to cost consumer finance firms £100m by 2020
Consultancy Compliancy Services (CS) has estimated that a combination initial outlays and year-to-year compliancy costs will mean the Financial Conduct Authority (FCA) could have cost consumer finance firms, including those in the motor finance industry, as much as £100m (126.5m) by 2020.
FCA changes fee charging rules for brokers without consultation
The Financial Conduct Authority (FCA) has introduced a series of rules for brokers in relation to what information needs to be provided in order to charge a fee or request a payment.
Praetura lends £20m in 10 months
Praetura Asset Finance has lent £20m since it was established in January 2014.
P2P Finance Association adds ninth member
The P2P Finance Association has added P2P property lender Landbay to its membership, bringing the total number of participating companies to nine.
US business confidence on the rise
Confidence among asset finance industry executives in the US rose in November, according to The Equipment Leasing & Finance Foundation (ELFF) monthly Confidence Index for the Equipment Finance Industry (MCI-EFI).