All articles by Richard Irvine-Brown

Richard Irvine-Brown

Funding Circle’s asset broker commission bonus

Online lending marketplace Funding Circle has announced an increased commission for intermediaries until the end of January.

Positive finance industry forecast – Nostrum

An overwhelming majority of lending professionals have predicted stability in the UK finance industry over the next two years, with more than half expecting growth, according to a recent survey by IT provider Nostrum.

Fleet Friday: Jobs, money and sales

A weekly roundup of UK fleet news including appointments at Ford and Audi, Vauxhall’s leasing rates, Thrifty finance, LCV auction prices, and October’s figures from the SMMT and FLA.

Q3 profit up, down year-to-date at BMW FS

BMW Financial Services “performed well” during the third-quarter with revenues up 14.97% year-on-year to €4.92bn (£3.94bn), according to a report for BMW Group.

BCA wins de-fleet contract with Toyota

Vehicle auction firm British Car Auctions and partner Ambrosetti UK have won the contract to remarket the fleet of Toyota in the UK following a competitive tender process.

PCFG’s £10m issue, Barclays renews

Private vehicle and business asset finance provider Private & Commercial Finance Group is looking to raise up to £10m to invest in business growth through an issue placing and open offer of 6% convertible loan notes.

Cooke and WCG ‘challenging’ view of fleet market

The latest quarterly analysis of the automotive market by captive software specialists White Clarke Group and Professor Peter Cooke has warned of “reduced cash flows and challenged profits”.

BMW FS €1.3m loss in Ireland, 2011

Turnover at BMW Automotive Ireland was up 30% year-on-year to €105.9m (£85.3m) in 2011 despite its finance arm returning a loss of €1.3m for the year.

Investec and McLaren launch finance partnership

Seven months after announcing plans to offer finance for prestige cars, Investec Asset Finance is set to provide sales finance for McLaren Automotive.

Fleet Friday: Arval, Volvo and guidance

Weekly round up of fleet stories from the UK and Europe including appointments at Arval Italy and Volvos business team, guidance from the BVRLA and Brake and a pair of corporate deals from Alfa Romeo.