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DLL completes Terberg port tractor contract for Stena Line
DLL has financed the replacement of a fleet of 76 ferry port terminal tractors in 6 ports in the Netherlands and the UK for ferry operator Stena Line.
Taking the sparkle out of contracts
Marcos Toffanello, professional support lawyer at Birketts, explains that courts will enforce the wording of contracts should a lease contract end earlier than agreed.
The rule against penalties: a new era?
On 4 November the Supreme Court of the United Kingdom handed down long-awaited decisions in Cavendish Square Holding BV v Talal El Makdessi and ParkingEye Ltd v Beavis [2015] UKSC 67.These decisions represent the first significant changes to the rule against penalties at the highest level in over 100 years.
The asset finance year in stories
Weve been keeping an eye on what stories really got the market clicking and sharing this past year. Without a doubt the news that GE Capital was fundamentally changing as a business got a lot of attention, as did a lot of the UK acquisition stories. There were a couple of scandalous fraud stories, some senior moves, and some Leaseurope lists that drew our attention. Heres to more scoops in 2016! Merry Christmas and a happy new year from Leasing Life.
LeasePlans Dyer: 2015 - an eventful year
Advances in automotive technology have been an important feature of 2015, according to managing director of LeasePlan UK Matt Dyer.
FCA policy statement on recent credit broking rules
On 28 September, the FCA published its policy statement (Consumer credit feedback on CP 15/6 and final rules and guidance). This was in response to its consultation in February 2015 on proposed changes to its rules and guidance on consumer credit in relation to credit broking, lending, financial promotions and debt.
The year that was 2015: Leasing leaders share their thoughts
Andrew Denton, chief operating officer, CHP Consulting I’m full of positivity for the year we’re seeing out. One of the…
Bibby Financial Services to launch foreign exchange service for SMEs
SME funder Bibby Financial Services (BFS) will launch a new foreign exchange division in 2016, having gained regulatory approval from the Financial Conduct Authority (FCA).
Leaseurope: defences need to be raised in the fight against fraud
Asset finance fraud has been on the rise, costing European lessors millions of euros every year. Using views expressed at Leaseuropes conference, Sotiris Kanaris analyses the markets response to it.
Talking industry strategy with Bill Stephenson
Leasing Life editor Brian Cantwell caught up with DLL CEO Bill Stephenson after his speech at the conference for more insight into the steps the industry must take to raise its profile and to keep ahead of the curve.
Sustainability is the key to business strategy
In a keynote speech at this years Leasing Life conference, DLL chief executive and chairman of the executive board Bill Stephenson addressed the audience on the challenges that manufacturers face with the depletion of raw materials, and how leasing businesses need to embrace sustainability as a key strategy to future-proof their businesses. Original speech by Bill Stephenson: script by Brian Cantwell.
Leasing Life conference 2015: CEOs talk future industry strategies
At the Leasing Life conference this year, our panel event, chaired by CHP Consultings chief operating officer Andrew Denton and involving 3 Step IT chief executive Carmen Ene, Max & Tite International chief executive Patrick Gouin, DLL chairman and chief executive officer Bill Stephenson and Close Brothers Asset Finance chief executive Mike Randall, considered future challenges to the leasing market and where the market is heading in the next five years.
An industry poised for change
The Leasing Life conference this year saw a group of senior industry figures avow their faith in the resilience of the asset finance industry and the opportunities that lie ahead. Brian Cantwell reports
ELFA: US new business volume drops 12% in November
US new business volume was down 12% year-on-year in November at $6.1bn (5.61bn), according to the monthly index of the US Equipment Leasing and Finance Association (ELFA).
Alphabet increases extended rental fleet by 25% ahead of Christmas getaway
Fleet lessor Alphabet has expanded its extended rental fleet AlphaRent by 25% to over 1,100 vehicles, ahead of the traditional Christmas getaway.
Fleet Logistics appoints new CCO
Independent fleet management provider Fleet Logistics has appointed Gianni Granata as chief commercial officer, replacing Vinzenz Pflanz who is leaving the company to take up a new role as chief sales officer for Sixt Leasing in Germany.
Leaseplan: telematics acceptance gaining traction
Globally, half of all fleet drivers would feel comfortable having a telematics device installed in their car, according to LeasePlans 2015 MobilityMonitor.
1pm and Academy Leasing portfolio grows to £57m.
1pm and Academy Leasing reported that their combined asset finance and business loans portfolio stood at £57m (78.5m), as of 30th of November 2015.
Hitachi: confidence is lacking for UK SMEs
Despite growth ambitions, Britain's SMEs continue to be held back by a combination of external macro-economic factors and internal influences, according to Hitachi's research.
Nostrum to integrate Hello Soda products into services
Technology company Nostrum Group is to integrate credit and data analytics company Hello Sodas Profile software into its offerings.
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