All articles by Lorenzo Migliorato

Lorenzo Migliorato

Arval UK extends corporate leasing to used fleet cars

Arval UK has opened up used vehicles for leasing to fleet customers, the latest lessor to tap the used segment amid lukewarm new car registrations and resilient second-hand values.

British Business Bank pumps £25m equity into Secure Trust Bank

British Business Investments, the investment arm of wholesale funder British Business Bank has injected £25m (€28m) of equity capital into Secure Trust Bank (STB).

Handelsbanken Edgbaston backs Mechatronic for warehouse robot leasing

Handelsbanken UK has enter a vendor finance agreement with Birmingham-based Mechatronic to offer leasing on warehouse robots.

ALD issues €500m green bond to finance electrified fleet

Societe Generale’s fleet arm ALD Automotive has issued a €500m (£569m) to finance the acquisition of low-emission vehicles across all its markets.

PCF Bank to acquire media lessor Azule for £5.6m

PCF Bank has agreed to acquire media equipment lessor Azule Finance for £5.6m (€6.3m), which will give it access to a previously untapped asset class and a post-Brexit foothold in Europe.

LeasePlan pushes ahead with IPO “in coming weeks”

LeasePlan will push ahead with an initial public offering (IPO) on the continental Euronext exchange, six months after its chief executive said the company was taking its time to build the strongest investor pitch possible.

Hitachi Capital UK appoints chief operating officer

Hitachi Capital UK has appointed a chief operating officer, seconding chief executive Robert Gordon, to lead digital investment in its British and European lending business.

SocGen Norway leasing unit gets €180m EIB funding line

SG Finans, the Norwegian leasing unit of Societe Generale, has received NOK 1.73bn (€180m) from the EIB to support green investment by SMEs in the country.

British Business Bank doubles Simply facility with extra £60m

The British Business Bank (BBB) has doubled the wholesale facility available to Simply Asset Finance, doubling the lessor’s funding line to £120m (€135m).

BNP Paribas appoints UK head for commercial vehicle leasing

BNP Paribas Leasing Solutions has appointed the UK head for Rental Solutions, the lessor’s unit for commercial vehicle leasing.