MikeCobb, Author at Leasing Life

Captive Finance

SAP UK selects Genesis Capital to run financing

Business software house SAP has appointed Genesis Capital to run its financing programme in the UK and Ireland, taking over from BNP Paribas Leasing Solutions who stopped covering the software provider in 2013.

Asset-based Lending

ELFA predicts ‘all time high’ for US equipment investment in 2014

The number one trend in US leasing for 2014 will be that overall investment in the equipment and software market will reach an all time high Accordng to the Equipment Leasing and Financing Association.

Industry news

Fleet Friday: Fleet numbers up in 2013, with more growth to come.

Fleet Friday this week sees a new face at Arval, kodas for kids, and a second year of growth in used values and new registrations of fleet cars.

Bank Asset Finance

Small take up of tax break: Lombard

Only a fifth of SME’s have taken advantage of the UK government’s Annual Investment Allowance tax incentive scheme which would help them invest in new equipment, according to a survey from UK asset finance company Lombard.

News

VWFS completes purchase of MAN Finance International

Volkswagen Financial Services (VWFS), the financing subsidiary of Volkswagen Group, has acquired the financial arm of MAN Truck and Bus, allowing the automotive finance giant to expand into financing the truck and bus market.

Companies

BNP Paribas appoints De Ryck to grow international leasing business

French lessor BNP Paribas Leasing Solutions has appointed the former head of its European division, Olivier de Ryck, as head of the international development division.

Industry news

Fleet Friday: A green start to the year

A weekly round up of European and UK fleet news, this week a construction company goes green and the british vehicle rental and leasing association propose new idea for ultra low emission vehicles.