All articles by Lorenzo Migliorato
Lorenzo Migliorato
Alphabet pilots second-hand corporate car leasing
BMW Group’s Alphabet has started leasing used cars on corporate fleet contracts in Belgium, as the lessor looks to get a hold on market share beyond the brand-new segment.
Nisbets and Chef Leasing expand 0% offer for catering equipment
Catering equipment distributor Nisbets has extended a 0% hire purchase (HP) offer to over 20 brands, with financing provided through subsidiary Chef Leasing.
Close Brothers eyes German market growth as book rises 2.7%
Close Brothers’ asset finance division saw its loan book grow 2.7% to £2.07bn (€2.31bn) in the year to July, as the lender considers options to expand its leasing activities to Germany.
ING takes £5m stake in online finance broker Funding Options
ING’s venture capital arm has injected £5m in equity into online finance broker Funding Options, giving the Dutch banking group a minority stake in the London-based fintech.
ThinCats looks at £300m institutional investment for p2p ABL
Commercial peer-to-peer lender ThinCats has agreed a wholesale facility of up to £300m with asset manager Insight Investment, potentially doubling its lending capital base.
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Daimler launches aftermarket connected car hardware for fleet
Daimler Financial Services has launched aftermarket hardware to connect fleet vehicles of any brand, setting the OEM up for expansion in telematics beyond its own Mercedes-Benz nameplate.
Arnold Clark launches direct-to-employee PCH through Affinity Cars
Arnold Clark Vehicle Management has launched Affinity Cars, a product allowing employers to provide car leasing to staff without going through a company car scheme.
Challenger CivilisedBank appoints former RBS-Lombard director to board
Digital lender CivilisedBank has appointed a former RBS and Lombard director to its board, as the challenger bank prepares to enter the SME banking and asset finance markets next year.
Ultimate Finance boosts senior sales team with IGF staff
Ultimate Finance has appointed three executives to its London and south-east sales team, all of whom covered positions within Independent Growth Finance (IGF).
Container lessor Seaco set for sale by parent HNA: report
Container lessor Seaco, owned by Chinese conglomerate HNA, is headed for a sale that could fetch as much as $1bn (€864m, £772m), according to a report.