All articles by Mike Cobb
Mike Cobb
CIT closes $750m equipment securitisation
CIT Bank, part of the US-based the equipment finance providers CIT Group, has closed a $750m (555m) equipment lease securitisation, the bank’s first equipment finance-backed securitisation.
Investec raises 292m through lease-backed bonds
Investec Asset Finance has successfully sold securities worth £246m (292m) backed by equipment leases to SMEs in a deal aimed at extending its lending facilities.
Lease volumes drop across Europe in H1 2013
Demand for leasing among Leaseurope’s member organisations has seen a 3.4% decline in new financing deals compared to the first half of 2012, according to figures released by the organisation.
NACFB delegates see UK recovery
UK business is regaining its confidence and returning to the finance markets, according to speakers at the Finance Professional Show run by the National Association of Commercial Finance Broker’s (NACFB) ahead of its annual general meeting.
Lord Mitchell tells NACFB – leasing key to UK recovery
Labour peer Lord Mitchell told attendees of the Finance Professionals show in London “asset finance is key to the UK’s recovery”.
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DWF recognised for transport skill
DWF, the expanding UK law firm, has been recognised for its work in the transport sector by the independent guide to the UK legal market, Chambers UK 2014.
VLS assigned servicer rating by Fitch
Virtual Lease Services (VLS) the commercial finance and leasing specialist has been assigned an asset backed securities servicer rating of ABPS3- by Fitch.
CSI Leasing reports growth
CSI Leasing, the Missouri-based global lessor, has reported its new business contracts topped $829m (613m) for the 12 months to the end of June 2013, up 15% on last year.
Lombard appoints relationship manager in Oxfordshire
Lombard, the UK’s largest asset finance provider has appointed a new senior relationship manager for the Oxfordshire region.
Syscap agrees deal to finance ICAEW members
IT and professional services finance firm Syscap has secured exclusive approval from the Institute of Chartered Accountants in England and Wales (ICAEW) to provide specialist finance to its members.