May 30, 2018
We are all familiar with the start of equipment finance in a particular country and seen it’s gradual growth, development, market penetration and maturity. We can look at Australia in the early 1990’s when equipment finance was only starting, take it as a given that vehicle finance is where all lenders start as they feel most comfortable about residual value risk. We can look at the emerging markets of Indonesia, for equipment finance in the mining market and infrastructure and the Philippines for solar farms and green energy projects.
May 31, 2018
Axis Auto Finance, the non-prime lender servicing the Canadian used vehicle market, has appointed Paul Stoyan as chairman. Stoyan is the chairman of Canadian business law firm Gardiner Roberts, and practices law with an emphasis on mergers and acquisitions, corporate finance and corporate governance. He also works with several companies in the technology sector and has assisted in a range of cross-border transactions, public listings and establishing corporate governance regimes.
Mar 21, 2017
Currently the lion’s share of communications from auto financiers, in concert with their brand partners and franchised retailer networks, is delivered by conventional methods. Very often this communication is one way and doesn't promote interaction ‘in the moment’. For example, traditional posted mail and outbound telephone calls from retailers or contact centres are very much alive and kicking. Whilst these efforts are laudable, the old conventional methods are fast running out of road and they are not in sync with the habits of the 21st century consumer.