All articles by Lorenzo Migliorato
Lorenzo Migliorato
Siemens FS selects Cassiopae as software provider
Siemens Financial Services’ commercial finance division has adopted Sopra’s Cassiopae as its management software.
Leaseurope warns against expanding IFRS 16 rules to smaller firms
Leaseurope has warned national accounting boards against saddling smaller firms with regional rules modelled on those contained in IFRS 16.
IGF grows H1 loanbook to £53m
Independent Growth Finance (IGF) has lent £53m (€59m) to SMEs in the first half of 2017, a 180% like-for-like increase.
FLA: Asset finance business down 6% in September
New business for asset finance in the UK was down 6% year-on-year in September, to £2.7bn, figures from the FLA have shown.
EBRD loans $10m to Uzbekistan juice producer
The European Bank of Reconstruction and Development has provided an Uzbekistan juice producer with a loan of $10 million (£7.6m, €8.6m).
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Addleshaw Goddard manages facility extension for tool hire firm
Addleshaw Goddard (AG) have advised equipment and tool rental provider Speedy Hire on the repackaging of a £180m (€203m) asset-based lending facility.
SQN income fund lessee goes into administration
Snoozebox, a lessee of SQN Asset Finance Income Fund, has gone into administration after talks over the repayment of a credit line provided by SQN fell out.
EIB provides credit lines for Romanian and Croatian SMEs
The European Investment Bank (EIB) has signed two agreements to provide credit to SMEs in Romania and Croatia.
Metro Bank appoints heads of inward investment and cash management
Metro Bank has hired heads for its inward investment and cash management teams.
Leaseurope: Leasing business in Europe up 10% in H1 2017
The European leasing market for equipment and vehicles grew over 10% year-on-year in the first half of 2017, figures from Leaseurope have shown.