All articles by Lorenzo Migliorato
Lorenzo Migliorato
Aldermore provides £2m invoice discounting to refrigeration manufacturer
Aldermore has provided a £2m (€2.2m) to Capital Cooling, a manufacturer of commercial refrigeration units.
Volvo Cars UK appoints national leasing manager
Volvo Cars UK has appointed a national leasing and residual value (RV) manager, a newly-created role reflecting increased focus on RV resilience.
RBS’s Ulster Bank refunds GRG fees in Ireland
Ireland’s Ulster Bank, part of the RBS group, has said it will refund fees to 17 SMEs that were overcharged as customers of its GRG turnaround unit.
World Bank Group makes leasing push in Africa
International Finance Corporation (IFC), part of the World Bank Group, has backed the launch of a lessor in Morocco and established a continent-wide asset finance association.
CELF conference: Is the tide set to rise?
At the 2018 Leasing Life Chief Executives’ Lending Forum, executives from across the lending industry spectrum examined what the future holds in terms of risk and regulation – and what is the best way to prepare. Lorenzo Migliorato reports.
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VW in talks to manage, supply fleet for China’s Didi
The Volkswagen group is in talks to manage and supply part of Chinese ride-hailing company Didi Chuxing’s fleet, it has been reported.
DLL securitises $896.5m of agri lease contracts in the US
DLL has securitised $896.5m (£654.4m, €744.3m) worth of contracts originated by AGCO Finance, a joint venture with agricultural equipment manufacturer AGCO.
Volvo’s leasing revenues down by 30% in first quarter
Geely-owned Volvo reported a slowdown in revenue from subscription, leasing and rental business, which decreased 30% year-on-year during the first quarter.
Volvo FS revenues up 13% in first quarter
Truckmaker Volvo’s financial services division reported revenues of SEK 602m in the first quarter of 2018, up 13.3% year-on-year.
Santander UK corporate lending slows down to £27.2bn
Santander UK’s loans to corporate clients during the first quarter of 2018 totalled £27.2bn, down 4% year-on-year.