All articles by Peter Johnstone
Peter Johnstone
Fleet Friday: car shares, birthdays and feedback
A weekly round up of European and UK fleet news including a car share scheme, birthday plans, corporate strategy, changing personnel and new dealers. Car rental multinational Avis and fleet-heavy finance managers LeasePlan have collaborated to provide a car sharing fleet programme for PricewaterhouseCoopers (PwC) in Luxembourg.
Bank to sell majority of MPS Leasing & Factoring
Italian bank Banca Monte dei Paschi di Siena (MPS) has reportedly given financial advisory group Rothschild a mandate to sell part of its leasing arm, according to a report in Reuters.
US leasing up 21% in August reports ELFA
The US equipment leasing industry has seen month-on-month growth in business levels and in investment confidence, according to reports released by the Equipment Leasing and Finance Association (ELFA).
SMEs seek alternatives to ‘untrustworthy’ banks for funding
Small businesses have lost trust in banks and struggle to get finance from them, according to a recent study from online funding platform Funding Circle.
Fleet Friday: 100% electric
This weeks roundup of UK fleet news goes all electric with the release of a report into the UK governments transport decarbonisation strategy and study into EV fleet performance by Alphabet.
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Viatelease adopts Linedata software
Leasing software provider Linedata has successfully rolled out its Linedata Ekip package at Viatelease, the French financing arm of telecom group JPB ID.
Asset finance business doubles for NACFB members
Leasing and asset finance business volumes for the last 12 months doubled year-on-year for members of the National Association of Commercial Finance Brokers (NACFB), contributing to an overall rise in lending for members of the UK trade body.
UK leasing business up 4% in July – FLA
The asset finance sector made £1.82bn (2.26bn) in new business in July, according to the Finance and Leasing Association (FLA). The figure represents a 4% rise on the same period last year, but is down 1% on the £1.84bn volume recorded for June. Major areas for the growth year-on-year were plant and machinery and IT equipment, up 20% and 31% respectively, while there was no change in the commercial vehicle sector, and car finance fell by 2%.
CHP among top firms for graduate jobseekers
CHP Consulting has been listed as the 15th best company to work for by users of UK graduate job review site TheJobCrowd.The leasing and asset finance consultancy and software house is the third best consultancy to work for, joining top names such as IBM, Capgemini, KPMG and PwC on the list.
WestWon acquires Capex lease book
The acquisition, WestWons tenth in five years, gives the firm full rights to the Capex brand name, client base and lease agreements and is part of a three-pronged growth plan of organic expansion, investment in its internet arm, and selective acquisitions. Jeremy Hall, WestWon chief executive, said he had always admired the Capex brand and said acquisition of the company, which specialises in IT leasing and has a multi-million pound book funded by the likes of BNP Paribas, Investec, ING Lease, Siemens Financial Services and the Bank of Scotland, was aligned with WestWons current and future business model