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The engine behind UK growth
The Finance & Leasing Association today said its members stand ready to support Government plans to drive economic growth by providing the finance that helps businesses obtain equipment, consumers buy cars and households invest in their homes...
Long Read: Time and Termination
In this Friday’s Long Read, James Griffiths, Trainee Solicitor for Gateley Legal, and Edmund Locock, Senior Associate for Gateley Legal, consider how both comedy and asset finance rely on a good sense of timing...
Paragon accelerates credit decisions
Paragon Bank’s SME Lending division has significantly improved the speed and consistency of its credit decision-making. Deputy Managing Director Phillip Hughes (pictured) explains, “Speed and reliability really matter to SMEs and the brokers who support them..."
UTB and Apollo complete £360k facility
United Trust Bank has completed a £360,000 interest-only asset finance facility to support a long-standing customer in their acquisition of a classic 1930s Bentley. This deal was introduced to UTB Broker Development Manager Kerry Pickering (pictured)...
Booking open for Gold Awards 2026
The Leasing World Going Further Gold Awards Dinner is coming back again for 2026, gathering its exclusively asset finance audience in the usual Hilton Bankside venue. We’re delighted to confirm that for the third year running our headline sponsor is United Trust Bank...
AF new business grows 5pct in February
New figures released on Thursday by the Finance & Leasing Association show that total asset finance new business (primarily leasing and hire purchase) grew by 5pct in February 2026 compared with the same month in 2025...
AF new business fell 6pct in January
New figures released on Monday by the Finance & Leasing Association show that total asset finance new business (primarily leasing and hire purchase) fell by 6pct in January 2025 compared with the same month in 2025...
Charles & Dean collaborates with FXE
Charles & Dean Finance is collaborating with FXE Technologies to license its Funding Xchange Marketplace. Tom Perkins, co-founder of Charles & Dean (pictured), said the deal "is about unlocking better access to funding for small businesses..."
Admiral transitions to EOT
Admiral Leasing & Loans has announced the successful sale by the founding shareholders into an Employee Ownership Trust (“EOT”), giving all 37 colleagues in the Oldham and Witney offices collective ownership of the business...
NACFB broker membership tops 1,400 firms
The National Association of Commercial Finance Brokers (“NACFB”), the UK’s leading trade body for commercial finance brokers, has recorded a fifth consecutive year of membership growth, driven by increases in both broker and lender membership...
Broker Hub makes new investment
The Broker Hub has announced its investment in Creative Funding Solutions, a specialist commercial finance brokerage founded and led by Mike Lowe (pictured), which finds funding solutions for commercial vehicles, leisure assets, and the motorhome sector...
Stance appoints Broker Manager
Stance Asset Finance, the new brand from United Trust Bank, has appointed Cherrice Baffana (pictured) as a Broker Manager ahead of Stance’s launch to its Founders Club members in February. Cherice says, “There’s a real buzz about Stance Asset Finance..."
Haydock wins Customer Service award
Haydock Finance has been awarded the Institute of Customer Service ServiceMark, recognising its outstanding performance in the Business Benchmarking and its position as one of the UK’s leading financial services providers for customer experience...
Asset Advantage runs broker roadshow
Asset Advantage, a leading provider of business finance for UK SMEs, is kicking off the New Year with a series of broker roadshow events across the UK. These interactive sessions will be hosted by Asset Advantage’s credit, sales and payouts team...
Best wishes for 2026...
At BrokerWorld we would like to wish all our subscribers, readers, browsers, supporters and advertisers a suitably busy and ambitious New Year, and we look forward to bringing you all the leasing & asset finance news in 2026...
Optimism high among brokers
Commercial finance brokers are broadly positive about their business prospects for the coming twelve months, with the majority expressing an optimistic or neutral view – according to new survey data from SME funding provider Asset Advantage.
Stance Asset Finance appoints BDM
Stance Asset Finance, a new United Trust Bank brand launching in February 2026, has appointed Alex Fowler to the role of Broker Development Manager. Alex has worked with lenders including Allica Bank, Praetura Asset Finance and Amicus Finance...
Stance launches in February
Stance Asset Finance, a new United Trust Bank brand, is set to launch in February 2026 partnering with asset finance brokers to help them support underserved SME customers across England, Wales and Scotland...
UTB provides £900k facility
United Trust Bank Asset Finance has provided a £900k facility to a plant hire firm so it could expand its scissor lift fleet. Relationship Manager Kerry Pickering and Senior Underwriter Rob Irving worked closely with the broker...
A response to FCA deadline extension
Addressing the decision to extend the motor finance commissions consultation deadline until 12 December, Shanika Amarasekara, CEO of the Finance & Leasing Association (pictured left), said it was "a step in the right direction..."
Simply becomes NACFB Patron
Simply Asset Finance has joined the NACFB as a Patron lender. Mike Randall, CEO of Simply Asset Finance, said, “Joining the NACFB isn’t just about lending our support to brokers in words - it’s about taking action..."
Pressure builds for UK leasing sector
While fleet numbers continue to rise, profitability remains under sustained pressure, as EV depreciation, aggressive manufacturer discounting and government policy uncertainty continue to reshape the market...
Outdated lending rules holding UK back
Modernising consumer credit rules should be one of the new Chancellor's first economic priorities, the Finance & Leasing Association says. Chief Executive Shanika Amarasekara (pictured) wishes John Healey "every success in the role"...
AF new business grew by 2% in May
New figures released this morning by the Finance & Leasing Association show that total asset finance new business (primarily leasing and hire purchase) grew by 2pct in May 2026 compared with the same month last year...
Regional SME data paints bleak picture
Jo Morris, Head of Insight at Novuna Business Finance, said the company's Business Barometer figures were a concern, adding, "This year promised hope of recovery -- [but] the fall to 24pct this quarter is a setback..."
UTB: listening to broker feedback
As part of our ongoing collaboration with United Trust Bank, we're pleased to share the latest update from Astrid Michael, Sales & Marketing Director. Today Astrid (pictured left) explains the importance of investing in meaningful conversations ...
DPC: Key actions for lenders
The legal team at Auxillias writes: The FCA’s new regulatory regime for Deferred Payment Credit (“DPC”) comes into force next Wednesday. Firms that intend to continue offering regulated DPC products should have operational arrangements in place...
Swift steps back from STAR
STAR Asset Finance has appointed Jason Hurwitz as the Group’s new Chief Executive Officer, with Steve Swift stepping back from his role as CEO. Jason (pictured) joins STAR Asset Finance with extensive experience across asset finance...
Haydock strengthens leadership team
Haydock Finance has announced a series of senior leadership moves including the appointment of Andrea O'Brien (pictured) as Sales Director, Alistair Brew as Finance Director, and Alison Perks as IT & Transformation Director...
FLA responds to Mills Review
The Mills Review, led by FCA executive director Sheldon Mills and commissioned by the Board of the Financial Conduct Authority (“FCA”), identifies four major AI‑driven shifts likely to impact retail financial services...
Instant vehicle valuations by Aldermore
Aldermore Bank is now offering brokers instant vehicle valuations through its broker portal, Asset Backer, enhancing its asset finance proposition. Commercial Director Lee Rhodes (pictured) says, “Brokers are at the heart of everything we do..."
BFS appoints new Head of Sales
Bibby Financial Services (“BFS”) has appointed Oliver Batley as Head of Sales for its Asset Finance business, as it continues to grow its support for UK SMEs. Batley (pictured) joins Bibby Asset Finance with nearly fourteen years of experience in the field...
New UK lending reaches £69bn
The Finance & Leasing Association has published its first Impact Report, and Shanika Amarasekara MBE, FLA Chief Executive (pictured), said that the report "demonstrates the scale of the sector's contribution to businesses, and communities ..."
BVRLA reboots governance
The British Vehicle Rental and Leasing Association has confirmed a series of governance changes including the appointment of Ryan Johnson, Senior VP for Enterprise Mobility, as the Association’s new Vice Chair...
AF new business volume soars in April
New figures released this morning by the Finance & Leasing Association show that total asset finance new business (primarily leasing and hire purchase) grew by an impressive 14pct in April 2026 compared with the same month in 2025...
