White Clarke Group launches global cloud platform

White Clarke Group, the global provider of end-to-end finance software, has launched a new fully cloud-hosted version of its award-winning CALMS software platform. The software offers a complete lifecycle credit processing and administration platform for the automotive, consumer and equipment finance industries.

White Clarke Group launches global cloud platform

Oct 23, 2017

White Clarke Group, the global provider of end-to-end finance software, has launched a new fully cloud-hosted version of its award-winning CALMS software platform. The software offers a complete lifecycle credit processing and administration platform for the automotive, consumer and equipment finance industries.

John Lawrence appointed managing director of CLM

UK-based CLM Fleet Management has appointed John Lawrence as its new managing director. Lawrence has more than 23 years’ experience in the automotive industry, with roles encompassing daily rental, vehicle manufacturing, fleet services and technology.

John Lawrence appointed managing director of CLM

Oct 23, 2017

UK-based CLM Fleet Management has appointed John Lawrence as its new managing director. Lawrence has more than 23 years’ experience in the automotive industry, with roles encompassing daily rental, vehicle manufacturing, fleet services and technology.

Former Ford CEO joins TPG Capital

Former Ford CEO Mark Fields has joined TPG Capital as a senior advisor. TPG Capital is the private equity platform of TPG, a leading global alternative asset firm with more than $73 billion of assets under management and offices throughout the world.

Former Ford CEO joins TPG Capital

Oct 23, 2017

Former Ford CEO Mark Fields has joined TPG Capital as a senior advisor. TPG Capital is the private equity platform of TPG, a leading global alternative asset firm with more than $73 billion of assets under management and offices throughout the world.

20 senior industry leaders explain the latest trends in the US Auto & Equipment Finance market

The latest complimentary report, released by finance technology firm White Clarke Group, shares recent industry statistics from the US Automotive and Equipment Finance market by local trade associations as well as featuring predictions from 20 well-known industry leaders. Discover a detailed outlook for 2017 and how 2018 is shaping up in White Clarke Group’s new United States Auto & Equipment Finance Survey.

20 senior industry leaders explain the latest trends in the US Auto & Equipment Finance market

Oct 03, 2017

The latest complimentary report, released by finance technology firm White Clarke Group, shares recent industry statistics from the US Automotive and Equipment Finance market by local trade associations as well as featuring predictions from 20 well-known industry leaders. Discover a detailed outlook for 2017 and how 2018 is shaping up in White Clarke Group’s new United States Auto & Equipment Finance Survey.

Business leaders in the dark about new data regulations

The UK’s Institute of Directors has raised concerns that a worrying number of companies are not aware of the impact of the new General Data Protection Regulation (GDPR). With only months to go until the new rules come into force next May, the institute says many companies are yet to fully understand the costs, complexities and responsibilities associated with them.

Business leaders in the dark about new data regulations

Oct 20, 2017

The UK’s Institute of Directors has raised concerns that a worrying number of companies are not aware of the impact of the new General Data Protection Regulation (GDPR). With only months to go until the new rules come into force next May, the institute says many companies are yet to fully understand the costs, complexities and responsibilities associated with them.

Boards need battleplan to combat cyber-attacks

More than two-thirds of FTSE 350 boards have never received any training to deal with a cyber-attack and 10% have no plans in place to respond to an incident, UK government research has revealed. Undertaken in the wake of recent high-profile cyber attacks, the survey of the UK’s biggest 350 companies found 68% of boards had not received training despite 54% saying it was a top risk to their business.

Boards need battleplan to combat cyber-attacks

Oct 20, 2017

More than two-thirds of FTSE 350 boards have never received any training to deal with a cyber-attack and 10% have no plans in place to respond to an incident, UK government research has revealed. Undertaken in the wake of recent high-profile cyber attacks, the survey of the UK’s biggest 350 companies found 68% of boards had not received training despite 54% saying it was a top risk to their business.

IDS to power Iberiabank’s new equipment finance business

Equipment finance software provider International Decision Systems (IDS) has been chosen to support the launch of Iberiabank’s new equipment finance and leasing business. Iberia Corporate Asset Finance will use IDS’s InfoLease 10 to manage its leases and loans, secured primarily by capital equipment, as well as loan and tax equity investments in renewable energy projects.

IDS to power Iberiabank’s new equipment finance business

Oct 23, 2017

Equipment finance software provider International Decision Systems (IDS) has been chosen to support the launch of Iberiabank’s new equipment finance and leasing business. Iberia Corporate Asset Finance will use IDS’s InfoLease 10 to manage its leases and loans, secured primarily by capital equipment, as well as loan and tax equity investments in renewable energy projects.

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Toolspec uses asset finance to drive growth

Toolspec Manufacturing has agreed a combined invoice discounting and asset finance facility to fund future growth. The £1.6m funding package from Bibby Financial Services will support business development at the UK-based specialist welding and fabricating business.

Toolspec uses asset finance to drive growth

Oct 20, 2017

Toolspec Manufacturing has agreed a combined invoice discounting and asset finance facility to fund future growth. The £1.6m funding package from Bibby Financial Services will support business development at the UK-based specialist welding and fabricating business.

New business development director for Rivers Leasing

Rivers Finance Group, the parent company of Rivers Leasing, has promoted Tim Shand to business development director. Shand, formerly broker manager, has been an instrumental part of a successful year at Rivers Leasing, which was listed in the FT1000 2017 summary of Europe’s fastest growing companies this year.

New business development director for Rivers Leasing

Oct 20, 2017

Rivers Finance Group, the parent company of Rivers Leasing, has promoted Tim Shand to business development director. Shand, formerly broker manager, has been an instrumental part of a successful year at Rivers Leasing, which was listed in the FT1000 2017 summary of Europe’s fastest growing companies this year.

Watch LeasePlan’s future vision for mobility

Global vehicle leasing firm LeasePlan has teamed up with Richard Hammond, The Grand Tour and former Top Gear presenter, to launch its vision of the future of mobility as part of a new company strategy. It is aiming to deliver ‘any car, anytime, anywhere’, with an expansion from new into used vehicle leasing and the launch of a ‘digital power of one LeasePlan’ strategy.

Watch LeasePlan’s future vision for mobility

Oct 17, 2017

Global vehicle leasing firm LeasePlan has teamed up with Richard Hammond, The Grand Tour and former Top Gear presenter, to launch its vision of the future of mobility as part of a new company strategy. It is aiming to deliver ‘any car, anytime, anywhere’, with an expansion from new into used vehicle leasing and the launch of a ‘digital power of one LeasePlan’ strategy.

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Growth forecasts increased for leasing and finance

The Equipment Leasing and Finance Foundation has upped its forecast for future growth in investment in equipment and software this year, predicting it will now expand 4.3% in 2017, surpassing its earlier estimate of a 3.6% rise. The Q4 update to the Foundation’s 2017 US Economic Outlook report says the revised investment growth estimate is driven by the combination of continued elevated business confidence, a recovering oil sector, and the release of pent-up demand following lackluster investment growth in 2016.

Growth forecasts increased for leasing and finance

Oct 17, 2017

The Equipment Leasing and Finance Foundation has upped its forecast for future growth in investment in equipment and software this year, predicting it will now expand 4.3% in 2017, surpassing its earlier estimate of a 3.6% rise. The Q4 update to the Foundation’s 2017 US Economic Outlook report says the revised investment growth estimate is driven by the combination of continued elevated business confidence, a recovering oil sector, and the release of pent-up demand following lackluster investment growth in 2016.

Bibby Financial Services strengthens exec team

Bibby Financial Services (BFS) has announced new appointments to its US team as the company seeks to grow its asset-based lending, factoring and transportation finance offerings to serve small and medium-sized enterprises across industries. Todd Ferrara has been appointed chief administrative officer for North America and Melissa Smith has accepted the role of head of operations for the US.

Bibby Financial Services strengthens exec team

Oct 17, 2017

Bibby Financial Services (BFS) has announced new appointments to its US team as the company seeks to grow its asset-based lending, factoring and transportation finance offerings to serve small and medium-sized enterprises across industries. Todd Ferrara has been appointed chief administrative officer for North America and Melissa Smith has accepted the role of head of operations for the US.

Hurricane-hit businesses offered leasing help

Boston-based LeaseQ has launched a new disaster recovery program (DRP) designed to connect businesses with instant equipment financing to rebuild after natural disasters, in the wake of the recent hurricanes. LeaseQ is offering equipment financing with no payments for 90 days for business owners needing to quickly replace equipment lost in the devastation. Multiple lenders are partnering with the company to offer the payment deferral program, including Fidelity Capital, American Capital and Financial Pacific.

Hurricane-hit businesses offered leasing help

Oct 17, 2017

Boston-based LeaseQ has launched a new disaster recovery program (DRP) designed to connect businesses with instant equipment financing to rebuild after natural disasters, in the wake of the recent hurricanes. LeaseQ is offering equipment financing with no payments for 90 days for business owners needing to quickly replace equipment lost in the devastation. Multiple lenders are partnering with the company to offer the payment deferral program, including Fidelity Capital, American Capital and Financial Pacific.

LeasePlan USA adds to leadership

LeasePlan USA has named Anthony Fina as the new vice-president of business development in the Northeast region, succeeding LeasePlan sales veteran, Gerry Tellier, who is promoted to senior vice-president of business development – east.

LeasePlan USA adds to leadership

Oct 17, 2017

LeasePlan USA has named Anthony Fina as the new vice-president of business development in the Northeast region, succeeding LeasePlan sales veteran, Gerry Tellier, who is promoted to senior vice-president of business development – east.

Demand for aviation leasing set to grow

There is likely to be a significant increase in the number of business aircraft acquired on operating leases over the coming year as rates prove increasingly attractive, according to a study by Global Jet Capital. Its research, with a panel of around 150 business aviation professionals, revealed that almost half (46%) of those surveyed expect to see growing demand for operating leases in corporate aircraft transactions over the next 12 months, while 8% say they are expecting this increase to be “dramatic”.

Demand for aviation leasing set to grow

Oct 17, 2017

There is likely to be a significant increase in the number of business aircraft acquired on operating leases over the coming year as rates prove increasingly attractive, according to a study by Global Jet Capital. Its research, with a panel of around 150 business aviation professionals, revealed that almost half (46%) of those surveyed expect to see growing demand for operating leases in corporate aircraft transactions over the next 12 months, while 8% say they are expecting this increase to be “dramatic”.

Porsche launches vehicle subscription service

Porsche Cars North America (PCNA) is piloting a new sports car and SUV subscription program, which provides members flexible access to Porsche vehicles via a mobile app. The month-to-month subscription program, called Porsche Passport, offers frequent vehicle exchanges, unrestricted mileage, and on-demand access for up to 22 different Porsche models.

Porsche launches vehicle subscription service

Oct 17, 2017

Porsche Cars North America (PCNA) is piloting a new sports car and SUV subscription program, which provides members flexible access to Porsche vehicles via a mobile app. The month-to-month subscription program, called Porsche Passport, offers frequent vehicle exchanges, unrestricted mileage, and on-demand access for up to 22 different Porsche models.

Westlake rolls out nationwide e-contracting

Westlake Financial Services has announced the nationwide rollout of its e-contracting automotive loan origination solution in 50 US states through DealerCenter. The e-contracting solution allows both independent and franchised dealers to sign contracts electronically, upload supporting documentation, and instantaneously push all information to Westlake as soon as the loan package is complete.

Westlake rolls out nationwide e-contracting

Oct 13, 2017

Westlake Financial Services has announced the nationwide rollout of its e-contracting automotive loan origination solution in 50 US states through DealerCenter. The e-contracting solution allows both independent and franchised dealers to sign contracts electronically, upload supporting documentation, and instantaneously push all information to Westlake as soon as the loan package is complete.

Diesel uncertainty prompts change on dealer forecourts

Nearly nine out of 10 UK car dealers plan to review their fuel profiles in 2018 in response to consumer uncertainties around diesel, a recent survey conducted by Cox Automotive has revealed. Just over half of those surveyed altered stock profiles in 2017 (54%), but 87% plan to make a change in 2018.

Diesel uncertainty prompts change on dealer forecourts

Oct 16, 2017

Nearly nine out of 10 UK car dealers plan to review their fuel profiles in 2018 in response to consumer uncertainties around diesel, a recent survey conducted by Cox Automotive has revealed. Just over half of those surveyed altered stock profiles in 2017 (54%), but 87% plan to make a change in 2018.

Addleshaw Goddard expands rail and asset finance team

Addleshaw Goddard has appointed rail and asset finance specialist Clive Smith as a partner in its ...

Modix announces new appointments

Digital marketing business Modix has announced a series of key appointments. Julian McClung has b...

Former M&S chairman joins Zenith

Zenith, one of the UK’s largest vehicle leasing companies, has appointed Lord Rose as its chairman...

PSA pushes into US mobility market

European car manufacturer Groupe PSA has taken its first step into the US market with Free2Move, a...