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Real impact on lending to SMEs revealed
The National Association of Commercial Finance Brokers (“NACFB”) has released the results of its latest annual survey of its members. Total commercial lending to SMEs via brokers is up by 17 percent year on year BUT overall lending still remains at 39 percent of total at the peak of the market. As SMEs explore all possible avenues, invoice finance benefits for the third year running, and is now double that of 2007.
Chief Executive of the NACFB, Adam Tyler summarised his conclusions, saying, “We have continued to see the SME community struggling to raise funding, and being faced with increased costs. Our latest figures reveal the true position . .
read more...Important seminars announced for London EXPO
LeasingWorld EXPO, the free networking event (Lead sponsor Key Equipment Finance) held in London on the afternoon of Monday September 13th, for all in the leasing and asset finance industry (register now by CLICKING HERE), is known for its excellent seminars and knowledgeable speakers.
FLA hosted seminar - New directions for technology in leasing: The panel, including CHP Consulting, IDS Group, NetSol Technologies, and White Clarke Group, among others, will consider how new systems solutions, including both back-office software and salesforce management tools, can meet these dual challenges of ever lower-cost processing, but also the paramount need to “know the customer.”
Lease Accounting - Out of the Comfort Zone? The panel, including KPMG, The Alta Group’s accounting advisory service, and David Maxwell of Classic Technology present and discuss some of the less comfortable ramifications of the new accounting proposals.
read more...Time to be honest about lending to small businesses? 27th August 2010
Accounting rules provoke protest 26th August 2010
Negligence claims making lawyers' insurance premiums unaffordable 25th August 2010
The Alta Group launches new EMEA service 20th August 2010
BVLRA says members will adapt to new lease accounting 19th August 2010
New rules a “mish-mash” and could hit business recovery 17th August 2010
Leaseurope’s Lessor Rankings
Leaseurope has announced the release of its ninth consecutive Ranking of Top European Leasing Companies. The purpose of the Ranking is to provide a yearly update on new leasing volumes and portfolios of the largest leasing firms in Europe.
Are there any surprises? Well our very own Lombard doesn’t show up in the top 75 names, but the rankings exercise is voluntary, so unless Lombard has unexpectedly become very, very small, it presumably chose not to participate. Lloyds TSB Asset Finance is the only UK lessor to appear in the list, popping up out of the blue into position 11, possibly benefitting from working the HBOS book.
The Top Ten is dominated by France, Germany, Italy and the Netherlands. Swedish lessor Nordea is up at position 12, DnB NOR Finans is at 15, and a Russian lessor appears as high as position 33 (Sberbank), with six more Russian lessors appearing in the top 75, despite the economic problems there.
To download a PDF of the Rankings table CLICK HERE
read more...LeasePlan reports big profits increase
Net profit increased by almost 50 percent to 90 million euros in the first half of 2010, compared to . .
read more...We can be proud, say DLL 31st August 2010
De Lage Landen restructures in Germany 27th August 2010
Disappointment at Leaseurope 17th August 2010
Mobile Productivity in DLL European roll-out 5th August 2010
Q. Will IASB alter leasing Exposure Draft?
Vendor & Captives
Unexciting times at IBM Global Financing 15th August 2010
Siemens plans own bank 9th July 2010
Cisco Capital expands offer 1st July 2010
HPFS offers Omnicom IT leasing across the globe 16th June 2010
Vendors and Captives seeking interoperability 28th May 2010
Deere sees 52 percent sales increase 10th May 2010
Most Read
Gatehouse Bank moves into Asset Finance
Accounting rules provoke protest
Excellent month for Norton Folgate
New rules a “mish-mash” and could hit business recovery
International & General
Tom Wiener joins The Alta Group 1st September 2010
NetSol’s efforts for Pakistan flood victims 31st August 2010
IDS and new ProFinia integration 30th August 2010
Alan Leesmith heads International at IAA-Advisory 26th August 2010
China's doors open to Taiwanese lessors 26th August 2010
CMMI recertification for NetSol 26th August 2010
International Decision Systems Launches New Website 19th August 2010
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| LeasingWorld's authoritative leasing journal is published monthly, and available on a subscription basis. In addition to UK, European and international news, and in-depth analysis of essential issues like lease accounting changes, a LeasingWorld subscription gives exclusive access to our leasing Business Centre, all you need to know about leasing, in one subscription. | The leasing Business Centre is a library of valuable leasing tools at the disposal of LeasingWorld magazine subscribers.
It contains
and much more COMING SOON |
Our Special Global Edition is a hard copy magazine, which is mailed monthly to our subscribers. The typical edition features ten pages of UK leasing news, plus shorter European and International leasing news stories. Special columns include Straight from the Brokers, Captives Corner, City Chatter, Round the Blogs, and Moves. There is always a Special Feature section that examines a particular area of leasing, plus surveys, corporate profiles, and a monthly Lease Training section.
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