International

Legal & General Provides $260MM to Support UK Transport Infrastructure

Legal & General provide £200 million ($260 million) in long-term debt financing to support the purchase of new rolling stock for the Wales & Borders franchise by Equitix and SMBC. read more

Boeing Capital Musing Partnerships with Middle Eastern, African Banks

According to The National, Boeing Capital is looking into partnerships with Middle Eastern and African financial institutions to create shariah-compliant aircraft funding for its customers in the region. read more

BVRLA Membership Fleets Top 5MM Vehicles While Industry Braces for Change

The combined fleet of British Vehicle Rental and Leasing Association members has risen to more than five million vehicles for the first time. read more

Henry Howard Supports Fentrade Machinery Investment

Henry Howard Finance supported start-up window manufacturer Fentrade’s investment in cutting-edge machinery to expand its burgeoning business. read more

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

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Terry Mulreany
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