All articles by Verdict Staff

Bibby steps up vendor finance for freezers

A growing vendor finance arrangement between Bibby Leasing and leading UK refrigeration supplier Total Refrigeration is to be the latest example in a recent trend of SME-focused initiatives to lease equipment usually acquired by capital purchase.

Lombard to reduce broker offering

Lombard will be the next blue chip funder to reduce broker business in the UK, confirming that it intends to make cuts to the list of brokers with which it will do business. Andy Hart, managing director of Lombards Commercial and Indirect Business division, said that Lombard had reviewed its extensive introducer network in the UK, and will continue to support a substantial network of high quality introducers.

Market statistics analysis

Following similar heavy falls in November, FLA new business volumes in December showed a material decline from 2007 figures. Business finance, big ticket, motor finance and consumer all fell heavily on a year-on-year basis.

From the rumour mill

British leasing brokers are more under the cosh than at any time before.

Fraikin completes major deal with Kerry Foods

ING Lease optimistic despite drop in net profits in Q2

Structured finance contributes to hard times for Babcock & Brown

Hanza Lizings continues to shine despite leasing downturn

The ever changing face

LeasePlan-Northgate deal