Broker Kennet Equipment Leasing, itself recently bought by an investment fund backer, has acquired AH Corporate Finance (AH) in a move that will see the lessor expand its portfolio, particularly in the low carbon finance markets.
Europe’s largest asset finance company De Lage Landen (DLL) has increased net profits by 8.2% in the half year to the end of September, taking its net profits to 225m, according to the company’s half year report.
Mazda Contract Hire, the business finance offering of the Japanese car maker, has almost doubled registrations in the first three months of its financial year according to a statement from Mazda Motors UK
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Daimler Financial Services, the finance arm of vehicle manufacturer Daimler, has increased its earnings before indemnities and taxation by 16% in the first half of 2014 compared to the same period in 2013
The UK asset finance industry developed 9% more business in January 2014, with key asset sectors such as machinery finance reporting double digit growth year-on-year, according to figures from the Finance & Leasing Association (FLA).