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Secure Trust Bank £250k invoice finance facility for UK crane hire company 07 October, 2015 | By Brian Cantwell
Lift It Crane Hire, a supplier of cranes and specialist transport vehicles, has obtained a £250,000 invoice finance facility from Secure Trust Bank Commercial Finance.
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British Business Bank supplies Hitachi Capital UK with £100m credit line
Wednesday, October 07, 2015 by Brian Cantwell The British Business Bank has agreed to provide a £100m (€136.05m) facility to Hitachi Capital UK to fund a portfolio of newly originated small business asset finance receivables, with eyes on a securitisation further down the line
Societe Generale adds to transport industrial & construction division
Tuesday, October 06, 2015 Societe Generale Equipment Finance has appointed Simon Warbey as head of its transport industrial & construction division, while Andrew Wright has been named as business development manager within the same division.
Paragon bank acquires Five Arrows Leasing
Friday, October 02, 2015 by Brian Cantwell Paragon Bank has agreed the acquisition of Five Arrows Leasing Group for a figure in the region of £117m (€157.73m), according to a statement from Paragon and sources close to the deal.
Dine and Bannayi to leave Close Brothers' print team
Friday, October 02, 2015 by Brian Cantwell The two founding members of Close Brothers print team, director David Dine and managing director Basil Bannayi, will depart the business at the end of this month.
New business up 17% at GRENKE Leasing
Friday, October 02, 2015 by Sotiris Kanaris German independent lessor GRENKE Leasing has reported a 17% year-on-year growth in new business volumes, which amounted to €961.1m (£709m) in the first nine months of 2015.
Shawbrook group appoint Pateman chief executive
Friday, October 02, 2015 by Brian Cantwell Shawbrook Group has appointed ex-Santander UK executive director and head of UK banking Steve Pateman as its chief executive officer.
EU Commission adopts securitisation regulation improvements
Friday, October 02, 2015 by Brian Cantwell The EU Commission has adopted securitisation regulation aimed at restarting the ‘stalled’ European securitisation market.
Secure Trust Bank provides £1.5m finance facility to recruiter
Thursday, October 01, 2015 by Sotiris Kanaris Secure Trust Bank Commercial Finance has provided an invoice finance facility of £1.5m (€2.03m) to Corr Recruitment, a UK recruiter specializing on the transport and industrial sectors.
GE sells remainder of rail business to Mormon Holdings, Wells Fargo
Thursday, October 01, 2015 by Brian Cantwell GE will sell its tank car fleet assets and railcar repair facilities to Marmon Holdings and its remaining railcar leasing business, General Electric Railcar Services, to Wells Fargo for an undisclosed amount.
Aldermore PE backers AnaCap buy Polish FM Bank
Wednesday, September 30, 2015 by Brian Cantwell British private equity firm AnaCap Financial Partners has agreed to acquire FM Bank, a Poland-based retail and SME bank.

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