All articles by Saad Ahmed
Saad Ahmed
BFS appoints Sygrove and Myerscough corporate managers for Midlands
Bibby Financial Services (BFS) has appointed Chris Sygrove and Jonathan Myerscough as corporate managers for the Midlands, its latest move to continue its asset-based lending development in the region.
Total Asset: Jury sent out to consider verdict in £160m case
The jury has been sent into recess to consider the verdict in the £160m (185.4m) alleged fraud case involving Total Asset Finance after two days of summing up by the judge.
Fleet Alliance acquires Neva Consultants, hints at further purchases
Glasgow-based vehicle funder and fleet manager Fleet Alliance has acquired a controlling interest in Neva Consultants for an undisclosed seven-figure sum, expanding its presence further south.
Aldermore provides asset finance facility to M&R Haulage
Aldermore Bank has provided an asset finance facility to M&R Haulage, a company which provides services to tarmac companies involved in road and motorway maintenance.
Secure Trust exits unsecured consumer lending due to aggressive pricing
Secure Trust Bank has ceased offering unsecured consumer lending in concerns over aggressive pricing by banks.
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FleetEurope appoints Allamby fleet operations manager
FleetEurope has appointed Jon Allamby as fleet operations manager.
Asset finance grew 13% year-on-year in November 2016
Total asset finance new business grew to £2.5bn (2.9bn) in November 2016, representing a 13% year-on-year increase, according to the Finance and Leasing Association (FLA).
Praetura lending book reached £100m in December 2016
Praetura Asset Finances lending book reached £100m (114.8m) in December 2016, after a 38% year-on-year increase.
Siemens Financial Services: Leasing needed for up-to-date healthcare technology
Smart finance, such as leasing, is needed to fund equipment to overcome challenges in the healthcare sector, according to a report by Siemens Financial Services (SFS).
Aldermore appoints Farrelly head of relationship management for business finance
Aldermore Business Finance has appointed Stephen Farrelly as head of relationship management, to be based in its Manchester office.