All articles by Sotiris Kanaris

Sotiris Kanaris

Bibby provides £5m invoice finance facility to two UK manufacturers

Bibby Financial Services (BFS) has provided £5m (€6.4m) of invoice financing to help the turnaround of two UK manufacturers which faced administration.

LeasePlan’s profit grows 19% in 2015

International fleet management company LeasePlan saw its net profit rise by 19% (€70.5m) year-on-year to €442.5m in 2015.

Siemens Financial Services UK launches invoice finance service

Siemens Financial Services UK has launched an invoice finance service, aimed at small to medium sized enterprises (SMEs) across most industries.

Škoda UK appoints head of fleet

Škoda UK has appointed Henry Williams as its new head of fleet, following predecessor Patrick McGillycuddy’s appointment as head of group fleet services for Volkswagen Group UK.

Construction finance activity builds up after crash hangover

Sotiris Kanaris talks to industry professionals about the current state of the construction equipment finance industry in Europe

Fleet Logistics becomes part of a ‘one-stop shop’

Rainer Laber, chief executive officer at Fleet Logistics, speaks to Sotiris Kanaris about the company’s full-year results as well as the strategy behind the recent acquisition of two companies.

LeasePlan sale gets green light from ECB

The European Central Bank (ECB) has issued a ‘declaration of no objection’ for the €3.7bn acquisition of LeasePlan by a consortium of long-term investors.

UK leads Europe in asset based finance

Asset based finance supported businesses representing 15.1% of the UK’s economy in the year to 30th of June 2015, ahead of an average of 10.3% across Europe, according to data from EU Federation Factoring and Commercial Finance.

Fleet Alliance reports record fleet size

Glasgow-based Fleet Alliance saw its fleet size rise to 18,400 vehicles, after a fifth successive year of growth.

ELFA: US new business volume falls 5% in December

US new business volume was down 5% year-on-year in December at $12.5bn (€11.5bn), according to the monthly index of the US Equipment Leasing and Finance Association (ELFA).