All articles by Saad Ahmed

Saad Ahmed

HPD Software promotes Day to chief executive

Kevin Day has been promoted to chief executive officer at commercial finance technology provider HPD Software with immediate effect.

Alphabet updates SME vehicle leasing platform

Fleet mobility provider Alphabet has begun the next development phase for its ‘icon’ vehicle leasing platform.

BDL: 2017 outlook ‘not good’ despite record €64.2bn new business

The German leasing industry will struggle next year despite the record €64.2bn (£54.9bn) of new business reached in 2016, according to the Federal Association of German Leasing Companies (BDL).

Asset Advantage signs £50m facility with Commerzbank

Asset Advantage has signed a £50m (€58.6m) committed finance facility with Frankfurt-based Commerzank to fund UK small and medium-sized enterprises (SMEs).

ELFA: Equipment finance new business up 6% to $8.2bn in October

New business volumes for equipment finance in the US rose by 6% year-on-year in October, according to the Equipment Leasing and Finance Foundation (ELFA).

AVi8 aircraft lessor launched in Dublin

Aviation industry professionals Ray Sisson and Ed Wegel have launched the commercial aircraft lessor AVi8 Air Capital.

Funding Options: SME overdraft lending drops by 37%

Overdraft lending to small and medium-sized enterprises (SMEs) has fallen by 37% in five years, according to Funding Options.

BFS: 78% of subcontractors get no boost from national infrastructure funding

The benefits of national infrastructure projects do not reach most subcontractors, according to Bibby Financial Services (BFS).

ELFF: Confidence down as over 80% don’t believe US economy will improve

Confidence in the equipment finance industry in the US has fallen since October amidst increasing pessimism about the economy, according to the Equipment & Leasing Finance Foundation.

Bullwell extends contract hire deal with UK Mail by 3 years

Bullwell Trailer Solutions has extended its trailer repair and maintenance contract with UK Mail by an additional three years.