All articles by Verdict Staff
Verdict Staff
Broker-to-broker business: banned or back in fashion?
Jeremy Hall of broker WestWon asks if it’s time for brokers to be more collaborative on business
Asset-based finance continues to show its colours
Statistics show continuing support for businesses while net lending has dropped, says Evette Orams, Hilton-Baird Financial Solutions
Fleet Friday: Athlon, VW in China and 2012 UK fleet numbers
This week’s fleet news, including Athlons implementation of the Sofico system, Volkswagen China subsidiarys acquisition of a domestic fleet firm and the latest figures on UK fleet from SMMT, FLA and BCA.
In high demand
Jonnie Keys, general manager of Euro Auctions, comments on the trends in 2012 for new and used machinery and construction equipment. He looks at which world projects are influencing world buying trends, who is buying and who is selling, and where the next ‘hot spots’ will be.
Two-timing preventing double financing of assets
A common fraud affecting the leasing industry is the double financing of assets. Martin Ward finds suppliers, brokers, and introducers may assist in perpetuating the fraud.
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The names not bond
The requirement to provide additional security by way of a bond or guarantee is a common feature of asset finance transactions. It is essential to know when that security can be called upon, says David McKie. In practice this is not always easy to determine because of the terminology in commercial use. A document described as a performance bond may be intended to be what English law would term a guarantee; one described as a payment guarantee might be intended to be an on demand bond.
Basement Talk: A Leasing Carol
This month, in observance of the season, Basement Talk goes all mistletoe-and-holly for its reporton the annual editorial review meeting. Massive apologies to Charles Dickens.
Editor’s letter: Another year together
It hardly seems like 12 months have passed since I sat down to write a reflective ed’s letter at the close of 2011, but time has, as it is prone to doing, marched relentlessly on.
Looking for a personal touch
It is often said that it is better to be single than in the wrong relationship. While this adage wasn’t written for the commercial finance industry, it nevertheless provides food for thought as the debate surrounding traditional banking continues.
More, bigger, better – helping fill the funding gap
At the National Association of Commercial Finance Brokers (NACFB) we have now had some time to speak with some of our members and lenders, about the gap left by ING’s withdrawal from the leasing and asset market.