Jan 11, 2018
The UK asset finance market has maintained a full-year growth rate of 4% as latest figures show the market held steady during November 2017. New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) in November was £2.5 billion, a similar level to the same month in 2016.
Jan 19, 2018
Hitachi Business Finance has reported a record year in 2017, providing $139 million in working capital financing to companies of all sizes across the US. The largest area of growth during the year came from the company’s asset-based lines of credit and new syndication lending solution. As a non-bank, commercial finance company, Hitachi Business Finance offers syndicated credit hold positions ranging from $5 million to $25 million.
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.