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
Davenham Asset Finance has senior reshuffle
Within a year of its launch, Davenham Asset Finance has recruited two business development managers and promoted a head of sales.
Hampshire Trust Bank moves in London
Challenger bank Hampshire Trust Bank (HTB) has moved its central London headquarters from Cannon Street to Finsbury Square, a move it says will support future growth for its commercial lending.
Zenith to fund and manage 4,200 vehicle fleet
Fleet funder and management Zenith has been appointed to manage and fund the 4,200 vehicle fleet of housing company Mears Group.
Shawbrook loan book value nears £500m
The loan book of the asset finance arm of UK challenger bank Shawbrook grew 30% to £497m (662.8m) for the six months ending 30 June 2014, compared to the same period in 2013.
European leasing profits climb 15.1% to 648m
European leasing company profits rose 15.1% to 648m from this time last year, according to Leaseuropes market index for Q2.
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Arval: SMEs expected 10% fleet growth this year
Small companies in the UK expected their fleet size to increase by 10% this year, according to Arval, the fleet provider arm of BNP Paribas.
SMMT: Commercial vehicles continue growth
A year-on-year rise of 22.3% in vans meant that total commercial vehicle registrations grew 11.9% overall in August, according to figures released by The Society of Motor Manufacturers and Traders (SMMT).
PwC: traditional rental industries disrupted by sharing economy
Big four accounting firm PwC has predicted that the five main sectors of the so called shared economy, including peer-to-peer (p2p) lending, could jump from a 2013 value of $15bn (11.4bn) to $335bn in 2025.
NACFB broker lending up 20%
Lending from members of the National Association of Commercial Finance Brokers (NACFB) to UK small businesses increased by 20% year-on-year to £12.7bn (16.1bn).
Modest increase in US leasing salaries
US staff compensation increased modestly in 2013, according to the 2014 Equipment Leasing and Finance Compensation Survey from the US Equipment Leasing and Finance Association (ELFA).