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Alphabet launches leasing services in China 18 January, 2017
Alphabet International has launched in the Chinese market offering services focused on financial leasing and fleet provision.
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Fleet Alliance acquires Neva Consultants, hints at further purchases
Wednesday, January 18, 2017 Glasgow-based vehicle funder and fleet manager Fleet Alliance has acquired a controlling interest in Neva Consultants for an undisclosed seven-figure sum, expanding its presence further south.
FCA takes first criminal action against £1m bridging lender
Tuesday, January 17, 2017 Dharam Prakash Gopee appeared at Westminster Magistrates Court today charged with offences under the Consumer Credit Act 1974 and the Financial Services and Markets Act 2000.
Aldermore provides asset finance facility to M&R Haulage
Tuesday, January 17, 2017 Aldermore Bank has provided an asset finance facility to M&R Haulage, a company which provides services to tarmac companies involved in road and motorway maintenance.
Secure Trust exits unsecured consumer lending due to ‘aggressive’ pricing
Tuesday, January 17, 2017 Secure Trust Bank has ceased offering unsecured consumer lending in concerns over ‘aggressive’ pricing by banks.
First Asset Finance targets residual value funding with £50m investment
Monday, January 16, 2017 UK hybrid funder First Asset Finance (“FAF”) has expanded its residual value funding business with a £50m investment.
FleetEurope appoints Allamby fleet operations manager
Monday, January 16, 2017 FleetEurope has appointed Jon Allamby as fleet operations manager.
Bibby research finds SMEs fear rising costs after Brexit referendum
Friday, January 13, 2017 Over a fifth (22%) of UK SMEs signalled rising costs as their biggest concern going into 2017, research from Bibby Financial Services (BFS) found.
Asset finance grew 13% year-on-year in November 2016
Friday, January 13, 2017 Total asset finance new business grew to £2.5bn (€2.9bn) in November 2016, representing a 13% year-on-year increase, according to the Finance and Leasing Association (FLA).
Praetura lending book reached £100m in December 2016
Friday, January 13, 2017 Praetura Asset Finance’s lending book reached £100m (€114.8m) in December 2016, after a 38% year-on-year increase.
Siemens Financial Services: Leasing needed for up-to-date healthcare technology
Friday, January 13, 2017 Smart finance, such as leasing, is needed to fund equipment to overcome challenges in the healthcare sector, according to a report by Siemens Financial Services (SFS).

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