All articles by Sotiris Kanaris

Sotiris Kanaris

Funders react to ‘positive’ Budget for small businesses

Funders had an overall positive reaction to the Budget announced by UK Chancellor of the Exchequer George Osborne, which included some policies affecting small businesses.

Leasing companies drive uptake of ultra-low vehicles

The leasing sector is a leading adopter of cleaner and more fuel-efficient vehicles, according to the latest quarterly survey by the British Vehicle Rental and Leasing Association (BVRLA).

Grenke Leasing plans name change

Grenke Leasing plans to drop the ‘Leasing’ in its company name to become Grenke in order to reflect the expansion in its product lines, said the business.

Davenham Asset Finance adds staff from Aldermore and Metro Asset Finance

Manchester based Davenham Asset Finance has appointed Oliver Cole as business development manager for Midlands and Joanne O’Connor as business development manager for North West.

Bibby European business funding up 23%

UK business financier Bibby Financial Services (BFS) has increased its funding to European SMEs by 23% year-on-year in the year ended January 2016.

UK invoice finance up 25% for larger businesses in 2015

The number of larger businesses using invoice finance jumped by 25% year-on-year, from 713 in 2014 to 893 in 2015, says the Asset Based Finance Association (ABFA), the body representing the asset based finance industry in the UK and the Republic of Ireland.

Leaseurope: new leasing volumes up 10.8% in 2015

New leasing business in Europe grew by 10.8% in 2015 compared to the previous year, according to Leaseurope’s quarterly survey. The survey tracks key performance indicators of a sample of 23 European lessors.

Alphabet UK launches ‘Virtual Handover’

After a successful trial, fleet lessor Alphabet has launched its ‘Virtual Handover’ service to all customers receiving new vehicles via its preferred dealership network.

Athlon enters ‘underdeveloped’ Swiss market

Fleet lessor Athlon International has expanded its European reach with the establishment of Athlon Switzerland. Following the expansion, Athlon is represented in 22 countries globally.

DLL reports 15.6% jump in profit

DLL recorded a net profit of €525m for the full year 2015, up 15.6% year-on-year.