All articles by Saad Ahmed
Saad Ahmed
1pm acquires Intelligent Financing for up to £2m
SME finance provider 1pm has acquired commercial lender Intelligent Financing, which trades as iLoans, for up to £2m (€2.3m).
Aldermore: Lack of finance stops 1 in 5 SMEs pursuing business opportunities
Small and medium-sized enterprises (SMEs) are hindered by a lack of finance, with 1 in 5 struggling to pursue business opportunities as a result, according to Aldermore’s SME Future Attitudes report.
Equiniti International Payments hires six across business
Payments provider Equiniti International Payments has hired six across its business.
Genpact makes double acquisition following GE contract extension
Genpact has acquired leasing technology provider LeaseDimensions and artificial intelligence (AI) for enterprise service provider Rage Frameworks.
HHF appoints former GE Capital fulfilment leader Williams as COO
Henry Howard Finance (HHF) has appointed former GE Capital equipment finance fulfilment leader Anne Williams as chief operating officer.
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Hitachi Capital Vehicle Solutions appoints Tubbs head of SME and personal leasing
Hitachi Capital Vehicle Solutions has appointed Chris Tubbs as head of SME and personal leasing channel.
ABFA: Asset based finance rose 13% year-on-year in 2016 to £22.2bn
Asset based finance in the UK and Ireland rose 12% year-on-year in 2016 to reach a record of £22.2bn (€25.4bn), according to the Asset Based Finance Association (ABFA).
NACFB expands insurance cover for brokers’ p2p loans
The National Association of Commercial Finance Brokers (NACFB) has expanded insurance cover for peer-to-peer (P2P) loans taken by commercial finance brokers.
Technology leasing updates and upgrades
Technology is ever-changing, and as businesses struggle to keep up, asset finance has become a viable solution, with many firms turning to leasing to meet their needs. Saad Ahmed speaks to BNP Paribas, SocGen, Close Brothers, Grenke, Innovent, Investec and Lombard to determine the key trends
FLA: Strong start as asset finance up 16% in January
Asset finance had a strong start in 2017 according to the Finance and Leasing Association (FLA), who revealed 16% year-on-year growth in January.