All articles by Brian Cantwell
Brian Cantwell
Breaking through
Small ticket lenders could follow the example set by other entrants and move in unorthodox ways to help fill the lending gap. Brian Cantwell reports
US trade association: leasing volume up $8.9bn in March
Overall new business volume for March was $8.9 billion, up 25% from new business volume in March 2014.
P2P lender receives $150m in equity funding
Funding Circle has raised $150m in equity capital from Baillie Gifford, a fund managed by private equity giants BlackRock, Sands Capital Ventures and Singapore sovereign wealth fund Temasek.
Hampshire Trust Bank makes £5m deals in March
UK challenger Hampshire Trust Bank (HTB) has completed £5m (6.95m) worth of asset finance transactions in March.
Leaseplan owner GMH terminates sales talks
Dutch fleet management firm Leaseplan will not be sold to a group of unnamed investors, Leaseplan parent and 100% shareholder Global Mobility Holdings (GMH) has announced.
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Iain Cornish tipped as chair of Shawbrook bank
UK asset finance lender Shawbrook will appoint Iain Cornish to post of chairman, news reports have indicated.
GE to sell majority of leasing arm in $90bn sale
General Electric (GE) has announced that it will sell its banking and finance arm GE Capital, including its asset finance and leasing unit, as part of a radical shakeup of the way the American giant is organised.
NIIB & Northridge profits hit £26m
NIIB and Northridge Finance (Northridge), the asset finance brands of Bank of Ireland UK, have seen 14% increase in new business lending and profits rise 10% to £26m, according to a press release.
Cowie appointed as head of Lombard and RBS Invoice Finance
The UK asset finance arm of Lombard has announced that Ian Cowie has been appointed managing director of Lombard Asset Finance and RBS Invoice Finance.
Close Brothers warns on interest rates rise preparation
Business survey predicts Bank of England interest rate increase by the end of 2016