All articles by Sotiris Kanaris

Sotiris Kanaris

SEAT appoints two new members to UK fleet division

Steven Colborne-Baber and Lerato Barrett have joined SEAT UK’s fleet department.

Austrian leasing market surges by 9.7% in H1

The Austrian leasing market recorded new business volumes of €2.9bn (£2.07bn) in the first half of 2015, an increase of 9.7% compared to the same period in 2014, according to Verband Österreichischer Leasing- Gesellschaften (VÖL).

Société Générale and CNH Industrial to offer retail financing in 4 European countries

Société Générale has agreed to offer finance and leasing services to CNH Industrial customers in Switzerland, Liechtenstein, Romania and Bulgaria.

Immigon agrees to sell Austrian VB Leasing arm

Immigon portfolioabbau ag (immigon) has agreed to sell VB Leasing Austrian arm – VB Leasing Finanzierungsgesellschaft (VBLF) – to BAWAG PSK Leasing.

Kennet Leasing in £50m deal with Commerzbank and EIF

UK broker and lender Kennet Equipment Leasing – part of the STAR Asset Finance Group- entered into a £50m (€70.1m) committed financing facility with Commerzbank and European Investment Fund (EIF).

Romania’s leasing market grows 16% in H1

The Romanian financial leasing market recorded new business volumes of €769m (£544m) in the first half of 2015, an increase of 16% compared to the same period in 2014, according to the country’s financial companies association ALB.

VLS provides due diligence for £12m lease company acquisition

Risk management and business process outsourcing firm VLS provided due diligence to 1pm’s acquisition of MH Holdings (UK).

Haydock Finance secures £5m block discounting funding from Hampshire Trust Bank

UK asset finance provider Haydock Finance has secured a £5m (€7.16m) block discounting funding from challenger bank Hampshire Trust Bank.

Syscap provides £150k funding facility to software reseller

UK leasing and asset finance firm Syscap has provided a £150,000 credit line to reseller of Sage CRM software Qmulus.

New leasing program for 3D Printers in US

3D printing company Becoming 3D has partnered with US equipment finance providers GreatAmerica Financial Services Corp and Ascentium Capital, to offer leasing options for 3D printing equipment to businesses and individuals.