African Asset Finance Company, a provider of access to equipment in frontier and emerging markets through its Equipment-as-a-Service (EASE) brand, appointed Imraan Soomra an officer of the corporation. read more

JUL 17, 2023 - 6:45 am

EASE, a subsidiary of African Asset Finance Company that provides a pay-per-use program for equipment, launched its healthcare program in Nigeria and signed HTS Diagnostic Centre as its first customer. read more

JUN 12, 2023 - 7:04 am

Cynergy Business Finance, the asset-based lending arm of Cynergy Bank, launched a new block discounting product to enable independent finance providers and own-book lenders to release capital invested in customer finance agreements. read more

MAY 19, 2023 - 7:01 am

Reduced economic and construction activity, and potential recession in some jurisdictions, could weigh on demand for European lessors’ equipment, Fitch Ratings said in its newly published peer report. read more

MAY 19, 2023 - 6:57 am

EASE Ghana, a subsidiary of African Asset Finance Company that provides diagnostic equipment “as-a-service” to healthcare organizations, signed its first customer, agreeing to provide a Siemens CT scanner in the Accra facility of FOCOS Orthopedic Hospital in Pantang, Ghana. read more

MAY 12, 2023 - 7:06 am

SmartEquip, a provider of equipment service and parts procurement solutions, added Kiloutou Germany, a subsidiary of Europe's third-largest generalist equipment rental company, Kiloutou Group, to its global network. read more

MAY 3, 2023 - 6:54 am

AITX, a North American provider of railcar services, launched a European railcar platform to offer European manufacturers, operating lessors and freight shippers access to resources across fleet management, leasing solutions, regulatory management and maintenance operations. read more

MAY 2, 2023 - 7:12 am

CHG-MERIDIAN achieved a year-over-year improvement in lease originations of 29.3% to a company-record figure of €2.23 billion ($2.45 billion) in 2022 compared with a figure of €1.73 billion ($1.9 billion) in 2021. read more

APR 28, 2023 - 7:06 am

IAA, a Ritchie Bros. company, formed a new market alliance with Antonio, SARL in the West African country of Benin, providing authorization for auction centers operated by Antonio, SARL to help local buyers buy, transport and import vehicles from IAA auctions in the United States. read more

APR 24, 2023 - 7:15 am

CNH Industrial announced the divestiture of its business activities in Russia for a total consideration of approximately $60 million. This follows the company’s announcement in March 2022 that it was suspending supplies to the Russian market. read more

APR 20, 2023 - 6:46 am

CSI Leasing continued the expansion of its Asia-Pacific operations by opening a subsidiary in Jakarta, Indonesia. Rio Wicaksono will manage CSI Indonesia. Wicaksono has nearly 20 years of finance experience, most recently from PT Century Tokyo Leasing Indonesia. read more

APR 13, 2023 - 7:13 am

Crédit Agricole Leasing & Factoring finalized the acquisition of a 30% stake in Watèa by Michelin, a provider of green mobility solutions. read more

APR 10, 2023 - 7:07 am

Stellantis launched a new structure for its financing and leasing services in Europe, partnering with BNP Paribas Personal Finance, Crédit Agricole Consumer Finance and Santander Consumer Finance to consolidate under Stellantis Financial Services and Leasys brands. read more

APR 5, 2023 - 7:05 am

J.P. Morgan plans to open a new office in Athens, Greece, to support the organic growth of its businesses in the country. The office will also house a new payments innovation lab for which the firm will be hiring a payments research and development team locally. read more

NOV 14, 2022 - 7:22 am

Inquieto Moving Attitude, a company of the Spanish multinational company GAM that specializes in solutions for the sustainable mobility industry, signed a 20% equity stake investment deal with DLL. read more

JUL 20, 2022 - 7:20 am