All articles by Paul Collett

Paul Collett

Butlers-UniLink tie-up

Butlers-UniLink tie-up Butlers, the treasury management consultancy and part of financial brokerage ICAP, has partnered with leasing advisors UniLink in a recently signed deal.

Austin extends role at Siemens Financial Services

Austin extends role at Siemens Financial Services Peter Austin has been appointed as Siemens Motor Contracts general manager, extending his vendor finance management role with Siemens Financial Services

Mercedes renews Qualitex contract

Mercedes renews Qualitex contract Mercedes-Benz CharterWay has renewed its non-cancellable contract hire deal with bathroom supplier Qualitex over five years with maintenance. The addition of six new Atego 816 Luton Box vehicles to the Kent-based company takes its fleet to 28, and underlines the advantages of contract hire in the current economic climate, according to Rael Winetroube, general manager contract hire at Mercedes-Benz CharterWay.

New money

As the cash-strapped West looks East for funding, Shariah financing is very much in the news UK lessors discuss how they can benefit from these new developments

Lombard in £440K flight simulator deal

Lombard in £440K flight simulator deal Lombard has financed a £440,000 venture to bring S&D Leisure together with JG Services and Smart Solutions to form the largest independent fleet of mobile simulators in Europe. The new business, S&D Simulations, will operate six mobile units, having purchased four new machines in a deal funded by the asset finance arm of RBS.

Inchcape banks five-year Waterways deal

Inchcape banks five-year Waterways deal Inchcape Fleet Solutions has finalised a new five-year deal with British Waterways to supply around 1,000 vehicles. The contract covers outsourced management of a diverse fleet of 450 company cars and 550 commercial vehicles, building on a partnership established in 2004. It also includes the outsourced management of the company car fleet, purchasing and disposal services related to British Waterways outright purchase of all commercial vehicles mainly Ford Transits and Rangers the maintenance management of all vehicles, accident management, fuel card administration and the utilisation of Inchcape Fleet Solutions Premier Service.

IBM captive signs Infor deal

IBM captive signs Infor deal IBM Global Financing (IGF) has announced a new financing relationship with Infor, the enterprise software provider.

Austrian lessors attacked by consumer watchdogs

Austrian lessors attacked by consumer watchdogs Civil action is being taken against 16 Austrian leasing lessors over alleged unfair contractual terms, Leasing Life has learned The claimants are the association for consumer interests, Verein fr Konsumenten Information (VKI), and workers chamber Arbeiterkammer (AK), acting on behalf of consumers tied into automotive contract leases, the terms of which are believed to be discriminatory. Austrias consumer protection regulations stipulate that any contract regulating the relationship between companies and their customers must not include discriminatory elements, and are not enforceable unless the customer has been specifically notified of such terms.

Community care

Community care While the credit crunch is definitely hurting some, the leasing industry is witnessing something akin to seeing the light as lessees open their eyes to the importance of IT equipment asset management and leasing options Although maybe not of biblical proportions, the current global economic climate is not looking good

A win, Winn situation for Motiva Group

A win, Winn situation for Motiva Group Contract hire and fleet management company Motiva Group has appointed Mark Winn as business development manager