All articles by Lorenzo Migliorato
Lorenzo Migliorato
GCP raises £75m to invest in asset-backed finance
Gravis Capital Partners (GCP) Asset Backed, a closed-end fund investing in asset backed loans, said proceedings from the latest share issue exceeded the target of £70m.
Syscap teams up with IT services provider
Hardware and software financier Syscap will provide tailored finance to customers of partner company.
Reward Finance Group appoints commercial director
Alternative finance provider Reward, based in Leeds and Manchester, has appointed a commercial director.
Aldermore: Asset finance “still gaining foothold” with SMEs
68% of SMEs are currently not using any form of alternative finance, according to the latest SME Future Attitudes survey from Aldermore.
Paragon expands senior staff, streamlines brand
Paragon’s asset finance business has been incorporated under the company’s main brand, as well as having its senior ranks expanded.
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MarketInvoice’s “whole ledger” facilities push Q3 up 67%
Company established in 2011 has funded £1.5bn to date.
Grenke sees 20% boost in factoring and leasing businesses
New business originations for Grenke’s leasing and factoring divisions have jumped more than 20% each on a year-to-year basis.
Deutsche Bank, Siemens in German “hard Brexit” task force
Deutsche Bank and the Siemens group are part of a task force set up last June in Germany to prepare for a “hard Brexit” scenario, according to reports.
FLA: Asset finance new business up 3% in August
New business originations for Finance and Leasing Association (FLA) members grew to £2.2bn in August, up 3% year-on-year, latest figures have shown.
CJEU: VAT on lease option to be paid on single instalments
The Court of Justice of the European Union (CJEU) has provided guidance on how “option to purchase” car deals should be classified for VAT purposes.