Upcoming Leasing Events Leasing World & BrokerWorld  Photo Gallery Subscribe Online Charity funds raised by asset finance industry

Spanish sun at Blockers Lunch

The biggest names and best-known faces in block discounting were present and correct at the most recent Blockers' Lunch yesterday (Thursday 7 December). As last year, the venue was Hispania, a restaurant on London's Lombard St. With seventy people filling the venue, things were very civilised over lunch (croquetas, torrijas, Spanish wine); the rugby injury stories and French gin came out later downstairs.


AF-PA serves up generous spirit

The Asset Finance Professionals Association (AF-PA) attracted a full house to its charity networking event on Wednesday at the Sports Bar and Grill in Marylebone. Two charities were nominated to share the proceeds from a raffle and auction: the British Lung Foundation and homelessness charity Off the Fence. Some remarkable treats and experiences were offered in the auction, including dinner for two on No Man's Fort in the Solent and a signed painting of Oasis' Gallagher brothers. Many attendees went home very happy with their prizes and acquisitions, although of course the real story will be the sum of money raised for two excellent charities.



FLA gets warm reception

Last night's Finance and Leasing Association Christmas Drinks Reception saw more than 160 invited guests at the Haberdashers Hall, taking a relaxed look back on a year which delivered a lot of very positive stories. Stephen Sklaroff, Director General at the FLA, shared some highlights from the latest figures prepared by the Association, showing further strong growth in the asset finance sector and in particular some better-than-expected vehicle finance statistics.


Franchise Finance in first place

At last Friday's Best Franchise Awards, Franchise Finance were awarded the prestigious title of ‘Best Service Provider’. A net promoter scoring system is used to decide the winner, for which Franchise Finance scored 100%, meaning all surveyed clients scored the firm 9 or 10 out of a possible 10, a score which Franchise Finance say, "we are immensely proud of."




“You are the good guys!”

Gyles Brandreth kicks off the NACFB AwardsThursday night’s NACFB Gala dinner saw a frankly show-stealing performance from Gyles Brandreth, as well as the usual panoply of awards. £20,138 was raised for charity, and an ambitious after-party saw part of the Park Plaza Westminster Bridge converted into a casino. Among the many award-winners, a special mention goes out to Hitachi Capital, who picked up the Leasing and Asset Provider of the Year trophy. The NACFB has held eleven Gala Dinners in its 25-year history, but two things really made a difference this year...


Hitachi continues European expansion

Hitachi Capital (UK) Plc has announced plans for further European expansion for the business following its Autumn branch opening in Amsterdam. The branch office is the second business Hitachi Capital has established in the Netherlands, following the recent acquisition of Noordlease Holdings B.V in January this year.  Hitachi Capital UK’s Netherlands branch will provide vendor finance solutions to Hitachi and Mitsubishi group companies, whose European head offices are based in the country. Primarily the operation will support the sales of Hitachi Construction Machinery Europe (HCME) whilst providing further assistance to the wider business and key European based vendors.


SMEs are saving less

Scottish SMEs have reduced their business savings by 40% over the past year, according to recent research carried out by Hampshire Trust Bank (HTB). The bank says that the average sum held in savings accounts for SMEs in the east of England is down by 27%, yet this area still has the highest average sum in each business's savings account.


Government boost for construction sector

Today the Business Secretary Greg Clark has announced a flagship deal which may add billions of pounds in value to the UK economy through delivering better homes and infrastructure. A sum of £170 million is to be invested through the Transforming Construction programme with industry committed to match-funding with a £250 million investment. Asset funders have shown increasing flexibility in recent years to work with construction, with at least one lender recently adding scaffolding to its range of fundable assets.



Advisory fuel rates change on Friday

Revised Advisory Fuel Rates (AFRs) come into force on 1 December. They may look famiiar, as they are returning to the levels we saw from June to September. Also familiar is the exclusion of electric vehicles from the rates, in spite of demands from the leasing industry to encourage take-up of the new technology. Hybrids are graded according to the fuel in the tank rather than the battery. You can read the rates for each fuel type and engine capacity below...


Banks pass Brexit stress test

Lloyds Banking Group, HSBC, RBS, Barclays, Standard Chartered, Santander UK, and Nationwide all sailed through a doomsday scenario test conducted by the Bank of England and published alongside the FPC's biannual Financial Stability Report. The 100% pass rate was not necessarily the expected outcome of the examination, given that in every previous stress test since the regime began in 2014, there have always been"fail" grades awarded. The scenario which banks were asked to demonstrate their response to was described politely as a "disorderly" exit from the EU.


What the FLA told the Treasury

In its usual pre-Budget letter to the Chancellor, the FLA gave a range of suggestions to boost growth and support British businesses. The FLA's Head of Asset Finance and Leasing, Simon Goldie, said, "We were therefore pleased to receive an encouraging response from the Economic Secretary to the Treasury regarding some of our proposals on access to finance for small businesses."


First Asset Finance funding

First Asset Finance PLC (FAF),the structured asset finance intermediary and residual value funder, has secured a £ 10 m funding line with Shawbrook Bank. This facility will be used to support the growth of FAF’s business in underwriting asset residual value risk for bank owned and captive lessors.



Asset Finance and the Autumn Budget

George Tonks, Invigors EMEA LLP, gives us his considered reaction to Wednesday's Budget... The contents of any Budget reflect the political and economic situation.  In November 2017 the UK is moving towards leaving the EU in March 2019, with various degrees of uncertainty around the economy both up to and beyond that date.  We are also only a few months on from a general election which saw significant gains for a Labour party campaigning for reduced austerity.   


D&D Leasing promotes Karma Nirvana

Nominated charity announced for Rev Bill Dost's annual Christmas gathering.


2018 Leasing World Awards Dinner date announced

Next year's Leasing World Awards Ceremony and Dinner is being held in London on Tuesday 30th October 2018, WITH SOME GREAT NEW FEATURES PLANNED! 



Cash offer for Aldermore

The Board of Aldermore has recommended a cash offer for the entire business of 313p per share, equivalent to a £1.08 billion purchase price. The offer comes from South Africa’s largest financial institution by market capitalisation, FirstRand Ltd, via FirstRand International Limited, which already owns Cardiff-based MotoNovo . .


Hitachi Capital Hat-Trick at the Leasing World Awards Dinner

The Annual Leasing World Awards Dinner was, once again, a very enjoyable event, featuring 24 awards including six new broker awards to complement the existing coveted 18 categories. Our thanks go to our Head Sponsor, Hitachi Capital Business Finance, who - in a First - won a hat-trick of awards, viz. Lessor of the Year, Broker Champion, and Next Generation awards . .


UPDATED: Leasing World Awards FINAL shortlists announced

We know that many of you have been anxious to hear the final LW Awards shortlists, so here they are at last . . .



Important all day conference on Asset Finance Risk

An important and timely all day conference, with lunch and refreshments, that focuses on the Risks that face the Asset Finance industry in late 2017, [Request a last minute place], including macro big picture risks to UK business (presented by Paul Nash, Partner at PwC LLP), the Regulatory risks of GDPR, and Conduct Risk (examined by legal expert Joanne Davis, Partner Locke Lord LLP), and Credit Risk with two main credit underwriting approaches of Story Credit and Credit Score compared . .


ALDERMORE takes 48% of AFS

Aldermore, the specialist bank, has announced the acquisition of a 48% minority equity stake in AFS Group Holdings Limited (AFS), one of the largest introducers to asset and commercial finance funders in the UK . .


New UK CEO for BNP Paribas Leasing

BNP Paribas Leasing Solutions has has appointed a new CEO for its 450-strong UK operations, Jean-Michel Boyer, who plans to exceed existing already ambitious growth targets in the UK . .


Catch up with Basel 3/4, IFRS16, aircraft, systems

International and EMEA leasing news is available on the Leasing World International APP for iPad, iPhone, and Android devices, and is free to download. For those looking to view on their PC . .

read more... Comments (1)

Implementing IFRS16

Ultimate IFRS16 session . .


Leaseurope launches SME Roundtable

Leaseurope is launching a series of roundtable meetings across Europe to discuss leasing as a key source of finance for SMEs. The aim is to explore the national SME financing landscape and improve the understanding of leasing as a valuable form of investment finance, as well as identifying any potential obstacles hindering its use by local SMEs and how these could be tackled at national and ultimately European levels . .


New International CEO at Bibby

Independent business funder, Bibby Financial Services (“Bibby”), has announced that Steven Box has taken on the role of International Chief Executive Officer. In addition to Bibby’s European businesses, as of 1 January 2016 he is responsible for operations in Canada, USA, India, Hong Kong, Singapore and Malaysia . .


dll sale rumours

It has been widely trailered in the Dutch and international press that Rabobank Group is in preliminary talks with banks, institutional investors and private-equity firms that may bid for its leasing unit, De Lage Landen International BV, in a sale that may fetch as much as €4.5 billion, according to various sources.


Leaseurope appoints Leon Dhaene

Leaseurope, the trade association representing the European leasing and automotive rental industries in Europe, has announced that its Board of Directors has unanimously appointed Leon Dhaene as Director General effective 1 December 2015. Leon Dhaene succeeds Tanguy van de Werve who left Leaseurope to join AFME, the Association for Financial Markets in Europe, to head their Brussels Advocacy Office.


LeasePlan world leader

LeasePlan Corporation N.V has reached a record level of 1.5 million vehicles worldwide, a landmark it considers as confirming its global market leadership . .


A small community, a very big business

How much does it cost to get into a highly paid career in leasing, that has a touch of glamour about it? There is a way, so how might one go about it? 


Don’t try fiddling leases in Vietnam

In Vietnam, the HCM City People's Court has handed down death penalties to two former executives, one a leasing executive, for embezzling the equivalent of approximately $5.2 million and abuse of power while running state leasing companies.


Sword Apak’s 3rd Italian win

Agos Ducato (a subsidiary of Credit Agricole Consumer Finance) has become Sword Apak’s third Italian based client to date. Expanding its wholesale operations in Italy by introducing main dealers into its business portfolio, Agos needed a robust platform to support its expansion plans. Having reviewed the options, it selected Sword Apak to implement its state-of-the-art Wholesale Floorplanning System (WFS) v6. This is the second implementation for Sword Apak under the Credit Agricole umbrella with Netherlands based bank Ribank already a well-established WFS client . .


Car paranoia for legal eagles?

Supposing a firm leases a fleet of cars from a lessor, and overnight all those cars have to be recalled for the same fault. The usual lease agreement says the lessee has to keep paying whether the asset is available to use or not. 

But what if the lease is through the car manufacturer’s leasing captive?


They should have googled it?

Did Google google their new name Alphabet before adopting the new handle? Because within a few hours of receiving the Google Alphabet announcement, our editor’s office received a terse email from Munich saying, “As being reported in the media, Google has founded a holding company called Alphabet. The website www.alphabet.com is owned by BMW Group . .


GE $8.5bn healthcare sale

GE has announced the $8.5 billion sale of GE Capital Healthcare Financial Services to US bank Capital One. This is less than the $10-$11 billion mooted in the press from “people close to the matter” just three or four weeks ago.


Watch out: Uber’s understood leasing

Most people have heard of Uber, and know what it is - it’s a taxi service that’s given traditional taxi companies a lot to think about. But actually, Uber says it’s something different to that, Uber says it’s an App, and the App is now creating its own leasing company . .


Job Board

Associate Consultant - Business Planning & Funding – Financial Services - The Oakland Partnership
Internal Sales Executive – Asset Finance - The Oakland Partnership
Compliance Officer – Financial Services - The Oakland Partnership
Customer Support Executive – Financial Services - The Oakland Partnership
Assistant Customer Services Team Leader – Financial Services - The Oakland Partnership
Sales Support Executive – Asset Finance - The Oakland Partnership
Credit Analyst – Asset Finance - The Oakland Partnership
Credit Risk Analyst – Middle Ticket Asset Finance – Central London – Preferred salary range to £70,000 , more might be available for an exceptional person , plus bonus up to 30% of base salary plus all usual large company benefits. - Robinson Toms Recruitment
Account Manager – Vendor IT Finance – North Germany . Year 1 guaranteed income of €120,000 base €60,000 plus a superb uncapped commission plan that pays commission at 0.5% of the volume you write PLUS 8% commission on margin. All usual large company benef - Robinson Toms Recruitment
Business Development Manager – Asset Finance – Scotland – location flexible Salary range, dependent on hire level up to c£50,000 plus up to 8% of gross profit paid on every deal . Commission is paid monthly & paid on every transaction plus further volume - Robinson Toms Recruitment
Senior Credit Analyst – Midlands – commutable from Birmingham , Coventry , Oxford , Worcester etc – preferred base salary £40,000 plus all large company benefits including bonus to c8% - Robinson Toms Recruitment
Lawyer – Middle Ticket Finance & Leasing - location flexible – salary to £65,000 + car allowance c£7500 + bonus + benefits - Robinson Toms Recruitment
Broker Manager – Midlands located – Salary range up to £60,000 depending on experience plus performance bonus of up to 30% of salary , potentially more for exceptional performance , plus car allowance and all usual large company benefits. - Robinson Toms Recruitment
Business Development Managers – Located within 1 hour of Brussels to sell full Services IT Finance solutions. Salary & guarantee up to €75,000 plus monthly paid commission on both volume and also margin. Realistic year 2 + earnings €150,000 per year with - Robinson Toms Recruitment
Head of Operations - CBC Resourcing Solutions
Accountant - Reporting & Projects - CBC Resourcing Solutions
Accountant - Reporting & Projects - CBC Resourcing Solutions
Head of Portfolio Management - CBC Resourcing Solutions
Credit Underwriter - Soft Asset - CBC Resourcing Solutions
Sales Support Manager - Asset Finance - CBC Resourcing Solutions
Credit Underwriter - Asset Finance - CBC Resourcing Solutions
Internal Sales - IT Vendor Finance - THC Recruitment
Motor Finance BDM - Great New Opportunity - THC Recruitment
Customer Service Co-ordinator - THC Recruitment
Internal Sales Executive - THC Recruitment
Area Sales Manager - Commercial Vehicle Finance - THC Recruitment
Asset Finance - Senior Relationship Manager - THC Recruitment
Business Planning Consultant - THC Recruitment
J2204 - Assistant Operations Team Leader - UK, Gtr London / SE Eng - Asset Finance - New Leaf Search
J2203 - Compliance Officer - UK, Gtr London / SE Eng - Asset Finance - New Leaf Search
J2151 - Asset Valuation Analyst - UK, Thames Valley / SE Eng - Asset Finance - New Leaf Search
J2202 - Customer Support Specialist - UK, Gtr London / SE Eng - Asset Finance - New Leaf Search
J2201 - Sales Manager - Broker & Block Discounting - UK, S Eng - Asset Finance - New Leaf Search
J2199 - Credit Risk Analyst - UK, London - Asset Finance - New Leaf Search
J2194 - Portfolio Relationship Manager - UK, London - Asset Finance - New Leaf Search
Subscribe to Leasing World and BrokerWorld

Subscribe to Leasing World and BrokerWorld

Lessors Network


Leasing World's authoritative leasing publication is published 10 times per annum, and is available on a subscription basis, in hard copy and in digital formats. BrokerWorld magazine is published 12 times per annum, and is available in hard copy only. Twice weekly enewsletter updates are free to register for, the banner and link is on this home page. A specially tailored Leasing World International Edition App is available in iTunes and Android stores.


The Business Centre

The leasing Business Centre is a library of valuable leasing tools at the disposal of LeasingWorld magazine subscribers.

It contains

  • Copernicus lease rental calculator
  • elearning modules
  • lease accounting rules
  • searchable archive
  • indexes of names & addresses

and much more


Sample Magazine

Leasing World is a hard copy magazine, which is mailed monthly to our subscribers. A digital version is available with two or more hard copy subscriptions. The typical edition features UK leasing news, surveys and legal pieces, plus shorter European and International leasing news stories. Special columns include Systems etc (software providers), Top of My Mind (latest legal info), Aspects of Fraud, City Chatter (a City lessor's blog, need we say more), Meanwhile Back in the Office, Recruitment Map, and Moves. There are always special features that examine a particular area of leasing, plus corporate profiles, conference coverage, and a Leasing events calendar.

Click on the image to download a free sample copy.