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ALD Automotive UK opens development centre 27 May, 2016
ALD Automotive UK has opened a new development centre in Bristol to accelerate its development in new digital applications and products across the entire ALD Automotive group.
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Brokers prepare for minimum set of standards from UK funders
Friday, May 27, 2016 Brokers are set to receive a minimum set of standards expected from a raft of UK funders at the National Association of Commercial Finance Brokers (NACFB) commercial finance exposition in Birmingham on the 15th June.
Henry Howard Finance agrees £51m facility with British Business Bank
Thursday, May 26, 2016 Independent lender Henry Howard Finance has agreed a £51m (€67.07m) asset finance facility under the British Business Bank's 'Enable Funding' programme.
Société Générale tops European leasing table for 4th year running
Thursday, May 26, 2016 Société Générale Leasing Solutions, including its fleet arm ALD Automotive, was the largest leasing organisation in Europe in 2015, with total new business (within Europe) of €15.9bn according to the latest Leaseurope Ranking of European Leasing Companies.
FCA: UK banks ditching SMEs and fintech firms to slash compliance costs
Thursday, May 26, 2016 British banks are increasingly dumping the accounts of financial technology firms, charities, small businesses, and foreign nationals to reduce the cost of complying with tougher capital and regulatory requirements, according to a study commissioned by the Financial Conduct Authority (FCA).
BBB: 58% increase in UK SME equity investment in 2015
Thursday, May 26, 2016 The British Business Bank (BBB) has said there was £3.5bn of investment into UK smaller businesses by private equity sources in 2015, as global investors sought a home for cash liquidity, including the UK’s leasing and asset finance businesses.
ELFA: US new business volume falls 12% in April
Wednesday, May 25, 2016 US new business volume was down 12% year-on-year in April at $7.3bn (€6.5bn), according to the monthly index of the US Equipment Leasing and Finance Association (ELFA).
Polish leasing market grows by 23% in Q1
Wednesday, May 25, 2016 The total value of new leasing volumes provided by the Polish leasing sector increased by 23% year-on-year in Q1 2016, reaching PLN 13bn (€2.9bn), according to Zwiazek Polskiego Leasingu (ZPL).
Deloitte: alternative lenders could reach £6bn of SME business lending
Tuesday, May 24, 2016 Non-traditional lenders are unlikely to challenge the dominance of traditional banks over the next decade, but could reach £6bn of SME business lending by 2026 under certain conditions, according to a report by Deloitte.
UK brokers split on Brexit
Monday, May 23, 2016 The UK broker community is split almost 50/50 over membership of the European Union (EU), according to a ‘Brexit’ poll of over 150 UK commercial finance brokers operating in the bridging, development finance, asset finance and mortgage markets.
Lloyds in £30m partnership with British Business Bank
Monday, May 23, 2016 The British Business Bank has launched the initial phase of ‘Help to Grow’, which is expected to support around £200m (€258m) of growth loans in its first two years.

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