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
US equipment leasing down 7%: ELFA
Business volumes in the US equipment leasing market fell 7% year-on-year in August to $6.4bn (4.7bn), according to the Monthly Leasing and Finance Index (MLFI-25) from the Equipment Leasing and Finance Association (ELFA).
Almond named NetSol CFO
Roger Almond has been appointed chief financial officer of international asset and leasing finance technology provider NetSol Technologies.
NACFB: leasing and asset funding up 12%.
Members of the UKs National Association of Commercial Finance Brokers (NACFB) wrote £2.3bn (2.7bn) worth of leasing and asset finance business during the 12 months from June 2012, up 12.3% on the previous year.
Czech leasing industry at 17-year low: White Clark Group
A 329m fall in lending in 2012 has taken leasing in the Czech Republic to its lowest level since 1996, according to a report by finance technology provider White Clarke Group (WCG).
FLA: UK leasing up 2% in May
Finance and Leasing Association (FLA) members provided asset finance worth £1, 851m (2,148m) in May 2013, up 2% on the same period last year.
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2013 busier than expected for brokers United Trust Bank
The first half of 2013 was busier than expected, according to 44% of brokers in a survey by UK lender, United Trust Bank.
UK becomes Europes largest leasing market after weak German growth – Leaseurope
The UK became the largest equipment leasing market in Europe in 2012, according the annual survey of business volumes from Leaseurope.
HNA Group acquires GEs TIP Trailer
Chinese conglomerate HNA Group has agreed to acquire GE Capitals European transport equipment leasing body TIP Trailer Services, subject to regulatory approvals.
IT leasing rise due to sales-aid benefit
The rise in IT and software leasing in the UK in the 12 months to April 2013, up 13% year-on-year to £1.38bn, is the result of more and more vendors seeing the sales-aid benefit of asset finance, according to Syscaps Philip White.
US leasing up 21% in May ELFA
New business volume for May was up 21% year-on-year to $7.5bn (5.7bn), according to US trade association, the Equipment Leasing and Finance Associations (ELFA) monthly index.