All articles by Antonio Fabrizio
Antonio Fabrizio
DLL enhances CNH deal in Poland
De Lage Landen (DLL) Leasing Polska and construction and agricultural equipment manufacturer CNH have strengthened their vendor finance cooperation in Poland. The enhanced programme operates under the CNH Capital brand name and follows a similar cooperation agreement between the two groups in Russia since March this year.
Daimler does German logistics deal
The worlds largest truckmaker signed a general agreement with Duisburg-headquartered LEHNKERING at the end of July for the delivery of 220 Mercedes-Benz Actros trucks over the next four years, ending in 2013
GE Capital provides funding to Baird Group
GE Capital has provided UK menswear business Baird Group with £17m of facilities comprising invoice discounting and revolving stock loan to support the companys future growth plans. The funding to be used by Baird Groups subsidiaries BMB Clothing Ltd and Worth Valley Menswear Ltd is expected to provide up to £113m a year of working capital to the company, in volume terms, over the first year, GE Capital said.
GE’s new dream team
New role: Regional director for Greater London and home counties, providing debt and working capital asset-based lending facilities to the mid-market segment, through the provision of invoice discounting facilities supported by raising finance against inventory, plant and machinery. Past experience: Joined GE Capital in 2001 as national business development manager for its auto finance business He became regional manager at Davenham Group plc and rejoined GE Capital in 2007 as national account manager for the UK mortgage business
Hitachi’s vehicle arm shows excellent promise
Life is good for Hitachi Capital Vehicle Solutions commercial vehicle arm Profits are up and its impressive list of recent deal wins include an A1 specialist vehicle fleet management contract with Connaught
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Client sensitivity drives greater transparency
Partnerships between banks and fleet management companies are to become more open as customers begin to demand greater transparency.
TransLinc wins council business
The local authority fleet provider will supply 49 Mitsubishi Canter box vans and tippers and four Mercedes-Benz Axor tippers in a contract hire and maintenance agreement with Lincolnshire Councils highway division
Syscap adds Allbrook to further strengthen top team
Lessor appoints executive chairman with a view to making the most of the economic recovery. IT financier Syscap has moved to strengthen its senior team with the appointment of John Allbrook as executive chairman. Allbrook was previously CEO at AIM-listed GoIndustry DoveBid, the online provider of asset sales and services
GE Capital backs solar schools
GE Capital has teamed up with solar company Solarcentury to provide financing to UK schools and local authorities via the Solar4Schools scheme. The lessor will fund the cost of installing the solar technology with the school typically making a small deposit and paying back the equipment cost over 15 years
On the move: August 2010
Frances leasing, factoring and consumer credit association, Association Franaise des Socits Financires (ASF), has elected Bruno Salmon as its new chairman. Salmon, chairman of BNP Paribas Personal Finance since 2008, replaces Franois Lemasson, who becomes honorary president.