Asset Finance

Construction firms top Insolvency list in Q1

The construction sector saw the highest number of company insolvencies in the first quarter of the year, despite numbers falling year-on-year, latest data from the Insolvency Service has shown. In total 672 construction firms went bust in England and Wales between January and March, outstripping other sectors such as the ‘wholesale and retail trade; repair…

United Trust Bank appoints new Chair

United Trust Bank has appointed Richard Murley as its new Chairman  

IGF appoints two new Directors

IGF has appointed Richard Spielbichler as ABL Director for the North West whilst Jeff Greenfield joins as ABL Director for North London and the Home Counties.

Billions written off by UK businesses each year

http://www.cityam.com/248074/small-businesses-lost-6bn-last-year-not-chasing-bad-debts

Company Insolvencies decrease: The Insolvency Service

The latest results Insolvency statistics from The Insolvency Service for Quarter 2 (April to June 2016) reveal that Company Insolvency numbers have gone down. The main findings of the report were: Total company insolvencies were lower than the previous quarter and also decreased on the year This decrease was mainly driven by a decrease in compulsory…

Leasing Foundation appoints Carl D’Ammassa of Aldermore to its board

Other new appointments to the board include Mike Randall, Jo Davis (Locke Lord), Fran Watson (Siemens Financial Services), Gavin Wraith-Carter (Hitachi Capital Business Finance), Gabriele D’Uva (GE Capital) and John Chadwick (Acquis Insurance Management).

HPD Software launches Aquarius Construction Finance for lenders