Mar 28, 2018
Aldermore, the specialist bank, has become an accredited provider under the British Business Bank’s Enterprise Finance Guarantee (EFG) programme. The accreditation will enable Aldermore to increase its supply of asset finance to the small business sector. The new offering will initially be offered through select introducers, before being rolled out across Aldermore’s broker network in the coming months. Aldermore will offer the asset finance element of the programme in the first instance, but it has plans to join other variants of the scheme in the near future.
Apr 20, 2018
Three-quarters of the US companies with the biggest leasing commitments have reported a material impact on their corporate balance sheet caused by changes to lease accounting standards. The claims are contained in analysis by software specialist LeaseAccelerator of regulatory disclosures made to the Securities and Exchange Commission (SEC).
Jan 10, 2018
Standard Chartered Bank has announced a commitment to support the Chinese-led ‘Belt & Road’ initiative by facilitating financing of at least $20 billion by 2020. Standard Chartered argues it is one of only a few truly global banks that can facilitate trade, capital and investment flows across Belt & Road markets. It already makes around 85% of its income from Asia, Africa and the Middle East.