All articles by Verdict Staff

Verdict Staff

Aldermore adds to Midlands sales team

Jon Myerscough left Lloyds business development team and joined Aldermore as regional sales manager for Birmingham.

Editor’s Letter – Rise of the Machines

The rise of automation is challenging employment, but how might that affect the leasing market?

Turkish trade association joins Leaseurope

The Turkish Association of Financial Institutions (AFI) has joined Leaseurope as its latest full member with immediate effect.

Spare parts leasing: avoiding some of the pitfalls

Leasing spare parts can be a practical solution for operators who depend on them to keep their primary assets in service but want to avoid the expense of purchasing high value spare parts “just in case”.

SMEs on the up?

This month we’ve been talking to SME decision makers to identify some of the key issues that they are facing today, writes Carl D’Ammassa.

FLA: 22nd month of consecutive asset finance growth

Finance & Leasing Association (FLA) members sold £2,448m worth of asset finance in July 2015, up 2% compared to the same month in 2014.

Rising margins could see banks resume SME lending

Over the past five years the level of recruitment in leasing and other forms of SME finance has been weak. Recruitment among challenger banks and alternative finance providers has not made up for the cost-cutting and restructuring in these areas among the big banks or the exit of major leasing market players like ING.

Early detection allows prompt action and recovery of fraudulent invoice finance

The invoice finance sector is no stranger to client perpetrated fraud. The nature of the lending and the fact that invoices are easier to manipulate than a tangible asset means that whatever the due diligence lenders do when taking on new clients, they are always susceptible to fraud and must be alive to warning signs which arise during the client relationship.

The wisdom of retaining the plate glass window

At a book launch with one of the NACFB’s newer patrons last month, we got talking with some of our members about the legacy issues facing high street banks and the experiences some members had had with a high-profile, long-established bank that isn’t an NACFB patron.