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BBB: lending product awareness improves while provider awareness lags 23 February, 2017
SMEs are becoming more aware of specific lending products but provider awareness is lagging behind, according to a report from the British Business Bank (BBB).
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Secure Trust Bank provides £2m facility to door business
Thursday, February 23, 2017 Secure Trust Bank Commercial Finance has provided a £2m asset-based lending and invoice finance facility to UK timber door manufacturer Todd Doors.
Metro Bank: Lending up 66% to £5.9bn
Thursday, February 23, 2017 Metro Bank’s lending rose 66% year on year in 2016 to reach £5.9bn (€6.9bn), increasing its loan to deposit ratio to 74%, according to its provisional full year results for 2016.
Lex Autolease fleet passes 350,000
Wednesday, February 22, 2017 Lex Autolease, the fleet arm of Lloyds Bank, increased its fleet to over 353,000 vehicles, a year-on-year rise of 36,000 vehicles.
Aldermore appoints Elliot business development manager for invoice finance
Wednesday, February 22, 2017 Aldermore Bank has appointed Graeme Elliot as business development manager, in the latest push to increase their presence in the South of the UK.
Arval grew fleet by 8.4% to over a million cars in 2016
Wednesday, February 22, 2017 Fleet lessor Arval increased its fleet by 8.4% year on year in December 2016, to reach 1,028,142 vehicles leased, which the company attributes to its mergers and deals.
ABN Amro appoints de Keijzer and Lefevre as managing directors
Wednesday, February 22, 2017 ABN Amro has appointed Richard de Keijzer as managing director for ABN Amro Commercial Finance in the UK and Simon Lefevre as managing director for ABN Amro Lease UK, effective 1st March 2017.
BFS agrees £2.4m ABL package with construction manufacturer
Wednesday, February 22, 2017 Bibby Financial Services (BFS) has agreed a £2.4m (€2.8m) asset-based lending package with Fixing Centre, a Surrey-based construction manufacturer.
Toshiba to sell medical leasing wing to Canon for €262m
Tuesday, February 21, 2017 Toshiba Corporation is selling its stake in Toshiba Medical Finance, a medical equipment leasing company, to Canon for 31.4bn Yen (€262m).
Millington joins CAS as head of operations and risk
Tuesday, February 21, 2017 Corporate Asset Solutions, the asset finance provider based in Chilworth (UK) has appointed Ian Millington as head of operations and risk.
Hevey rejoins Alfa
Tuesday, February 21, 2017 Asset finance software provider Alfa has reappointed Ciarán Hevey as a director.

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