International

Tesla Registers Financial Leasing Unit in Shanghai

Reuters reported that Tesla registered a financial leasing company in Shanghai as it plans to increase its presence in China. read more

NIB & Srei Equipment Finance Launch Leasing Facility in India

The Nordic Investment Bank and Srei Equipment Finance have agreed on a loan program for financing the acquisition or leasing of industrial equipment. read more

PayNet: Small Business Growth Remains Strong and Steady in Canada

The PayNet Canadian Small Business Lending Index edged up to 123.1 in September. The index is up 6.3% year-over-year, marking its fifth consecutive year-over-year gain after 10 months of decline. read more

UK Asset Finance Market Reports New Business Stable in September

New figures released by the Finance & Leasing Association show that UK asset finance new business in September was at a similar level to the same month in 2017. read more

PE Firm Alta Growth Capital Acquires Equity in Docuformas Leasing Co

Alta Growth Capital and its co-investors, have made an investment to acquire an equity interest in Docuformas, the second-largest independent leasing company in Mexico. read more

ABN AMRO Launches Blockchain Pilot with Samsung SDS, Port of Rotterdam

ABN AMRO launched a new blockchain pilot in partnership with the Port of Rotterdam and Samsung SDS, Samsung’s logistics and IT division. read more

Cat Financial Opens Office in Johannesburg, South Africa

Cat Financial established its newest legal entity to support customers in South Africa by opening a finance office in Johannesburg. read more

Dragon Aviation Leasing Appoints New CEO

Dragon Aviation Leasing appointed Gang Li as chief executive officer. Li was previously with AerCap as chief accounting officer. read more

Orion First CEO Schaefer to Speak at European Leasing Convention

Founder and CEO of Orion First and Mintaka Financial and Chairman of the ELFA, David Schaefer is a panelist at the 2018 European Leasing & Consumer Credit Conventions. read more

IHI to Sell IAT Small Engine Business to Caterpillar

Japan-based IHI executed an agreement to sell the commercial engine-focused small engine business of IHI’s subsidiary IHI Agri-Tech to U.S.-based Caterpillar. read more

Yoma Fleet Partners with MSP CAT to Finance Heavy Equipment in Myanmar

Yoma Strategic Holdings’ Yoma Fleet financing platform entered into an agreement establishing an exclusive partnership with MSP CAT, an authorized Caterpillar heavy equipment dealer in Myanmar. read more

Ritchie Bros., PowerChina Sign Multi-Year Sales Agreement

PowerChina Trade Solution Group, one of the world's largest construction companies, selected Ritchie Bros. as a key partner for its surplus equipment disposition. read more

Former VP of Doosan Infracore Financial Solutions Joins Invigors EMEA

Frans Jansen joined the asset finance consulting and services firm Invigors EMEA, the European arm of The Alta Group, as senior consultant in The Netherlands. read more

Dunkley, Ryley Join Henry Howard Equipment Finance Team

Marie Dunkley and Charlie Ryley joined Henry Howard Finance to help support the company’s continued growth and expand its equipment finance offering. read more

EIB to Provide $117MM Facility to DLL

The European Investment Bank agreed to provide DLL with a €100 million ($116.922 million) credit facility in order to help Dutch and Belgian SME and mid-cap companies benefit from DLL’s Life Cycle Asset Management Program. read more

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Terry Mulreany
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