All articles by Liz Bury
Liz Bury
Kennet adds £3.5m of business to own book
Director Tony Devenney praises tier 3 funders as the unsung heroes of the downturn UK broker and funder Kennet Equipment Leasing has unveiled strong figures for last year, and noted that funders appetite has started to return.
IT leasing goes back to the future
Newly-formed Econocom will draw on a wealth of IT contacts and expertise, Liz Bury writes. Jean-Louis Bouchard, the multimillionaire IT lessor, has four homes, he explains, by way of illustrating a point he is making about flexible working. Bouchard is speaking to Leasing Life from his Saint-Tropez pad, were he counts among his neighbours Angelina Jolie and Brad Pitt.
KEF to restructure in Europe
Key Equipment Finance has begun consultations with staff in offices across Europe in a proposed restructuring.
School leases for ICT caught in legal wrangle
Local authorities seek to exit from finance leases on the basis that schools never had the authority to take them out At least two leasing companies have been caught in a legal wrangle over the status of leases for ICT equipment taken out by UK schools.
Econocom unveils new group structure
Results of strategic review revealed to managers at a summit meeting in Paris Econocom has reported strong results for 2010, following the unveiling of its new structure.
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KEF begins restructure
Key Equipment Finance has begun consultations with staff in offices across Europe in a proposed restructuring in the region. The moves may include the run-off of the Nordic book and closure of the operation in that territory.
Econocom’s new structure
The new structure of the combined ECS and Econocom business has been unveiled in France today (10 January). Econocom will be the name used for all parts of the business except for systems servicing and maintenance, which keeps the ECS moniker.
Editor’s letter: It’s relationships that count
But some trends can be picked out as having the potential to take off in the year ahead.
Zoomlion makes European funding debut
New Chinese-owned captive finance house Zoomlion Capital Italy has wrote 5m of business in Italy in the final six months of 2010.
Investec to fund fleet with Masterlease deal
Investec completed the deal to acquire Masterlease in six weeks flat last year, after stepping in at the last minute when a previous bid fell through.