All articles by Sotiris Kanaris

Sotiris Kanaris

Bibby Financial Services appoints Lowrey UK risk director

Bibby Financial Services has appointed Ray Lowrey as UK risk director.

UK SME deals: Aldermore and Ultimate Finance

UK challenger bank Aldermore has provided a £2.5m (€3.28m) invoice finance facility to housekeeping support service Central Facilities Group, while Ultimate Finance has provided a £300,000 asset finance facility to compression stockings manufacturer Pretty Legs Hosiery.

Fittler: Low growth of equipment investment in Germany “worrying”

Despite a positive start to the year in terms of new leasing volumes in Germany, Bundesverband Deutscher Leasing-Unternehmen (BDL) chief executive Horst Fittler has identified the projected low growth of equipment investment in Germany as a source for worry.

ALD Automotive UK opens development centre

ALD Automotive UK has opened a new development centre in Bristol to accelerate its development in new digital applications and products across the entire ALD Automotive group.

Société Générale tops European leasing table for 4th year running

Société Générale Equipment Finance, including its fleet arm ALD Automotive, was the largest leasing organisation in Europe in 2015, with total new business (within Europe) of €15.9bn according to the latest Leaseurope Ranking of European Leasing Companies.

ELFA: US new business volume falls 12% in April

US new business volume was down 12% year-on-year in April at $7.3bn (€6.5bn), according to the monthly index of the US Equipment Leasing and Finance Association (ELFA).

Polish leasing market grows by 23% in Q1

The total value of new leasing volumes provided by the Polish leasing sector increased by 23% year-on-year in Q1 2016, reaching PLN 13bn (€2.9bn), according to Zwiazek Polskiego Leasingu (ZPL).

Lloyds in £30m partnership with British Business Bank

The British Business Bank has launched the initial phase of ‘Help to Grow’, which is expected to support around £200m (€258m) of growth loans in its first two years.

Truck market driving competition

As competition in the truck finance market rises, market players are looking at ways to differentiate themselves and attract customers. Sotiris Kanaris reports.

Leasing Life Power 50 voting opens

Leasing Life has opened the voting for its annual Power 50 listing.