All articles by Saad Ahmed

Saad Ahmed

BoE: 1 in 3 firms fear Brexit fallout

A third of firms expect negative impacts on their investment decisions in the year following Brexit, the Bank of England (BoE) claims.

Chinese leasing businesses look to expand internationally

Chinese financial leasing firms are increasingly looking abroad to expand their business, according to reports.

Hampshire Trust Bank appoints two business development managers

Hampshire Trust Bank has appointed two business development managers to its asset finance team.

ELFF: Equipment leasing and finance industry confidence steady

Equipment leasing and finance industry confidence has remained steady in July, according to ‘Monthly Confidence Index for the Equipment Finance Industry’ (MCI-EFI).

Aldermore provides £1m invoice finance for Central Courier Solutions

UK challenger bank Aldermore has agreed to provide a £1m (€1.19m) invoice finance facility for Central Courier Solutions.

British Business Bank Investments provides £16.5m line to Kingsway

The commercial arm of the British Business Bank has provided a £16.5m (€19.76m) revolving credit facility to asset finance provider Kingsway.

ALD Automotive announces personnel changes

ALD Automotive has announced that three of its existing staff will be moved to new positions within the company. The vehicle lessor will implement the personnel changes on 1 September of this year.

Close Brothers warns on TTIP implications

Close Brothers Invoice Finance is advising its SME clients to be aware of the impact of the Transatlantic Trade and Investment Partnership (TTIP) on their businesses.

HMRC: lease accounting tax changes designed to be revenue neutral

The changes to UK tax brought about by changes to lease accounting rules will not be an attempt to raise net tax revenue from lessors, according to a representative of UK tax authority Her Majesty’s Revenue and Customs (HMRC).

Ultimate Finance provides £70k invoice finance for Cliveland Spinning

UK SME lender Ultimate Finance has provided a £70,000 invoice finance facility for aluminium spinning company Cliveland Spinning.