All articles by Sotiris Kanaris
Sotiris Kanaris
Fleet lessors react to UK Autumn Statement
Fleet lessors welcome news from UK chancellor of the Exchequer George Osborne that the government will invest in the ultra-low emission vehicles sector and road infrastructure, but criticise increases for diesel surcharges.
Equiniti Pancredit launches Broker Client
Financial technology software provider Equiniti Pancredit has launched Broker Client, an automated secured loan sourcing product for large brokers.
62% of young urban professionals would consider driverless car
More than three in five (62%) young professionals living in UK cities would consider using a self-driving vehicle, according to research by Transport Systems Catapult (TSC).
BLME appoints head of commercial vehicles funding business
UK bank and asset finance provider Bank of London and the Middle East (BLME) has added James Harrowsmith as a director to its leasing team.
Carfinance247 expands with new offices and 60 more employees
Online broker Carfinance247 has acquired an additional 10,500 sq ft. of office space at Albion Mill in Ancoats, Manchester, to house the companys rapidly growing workforce.
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Santander provides £1.17m funding to Elite Motorhomes Group
Santander Corporate & Commercial has provided a £1.17m funding facility to motor home retailer Elite Motorhomes Group.
Sofico sees fleet and retail leasing market convergence
The boundaries between pure fleet and pure retail sales in the European automotive leasing market are blurring as the two markets increasingly converge, global fleet and leasing software provider Sofico has said.
Moneyway increases loans-to-value
Moneyway, the motor finance arm of Secure Trust Bank, has increased the loan-to-value (LTV) ratio of its near prime product from 110% to 120%. The increased LTV applies to used cars up to 72 months old financed by the company.
BCA: Average used car values rise in October
The average value of a used cars sold at British Car Auctions (BCA) stood at £7,992 in October, a 3.1% (£244) rise compared to the same month in 2014, according to the July BCA Pulse report.
Close Brothers and UK Fuels launch fuel card for fleet services
Close Brothers Asset Finance has launched a new fuel card in partnership with fuel card management company UK Fuels.