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Telecoms financing company Lease Telecom says the increase in demand for SIM Only plans in the business market is having a positive impact on finance sales. 30 day rolling contracts and 2GB tariffs starting from £12 p/month are proving popular as businesses follow consumer patterns. Combining a £18 p/month iPhone lease makes for a very...
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Consumers used to buying their new smart phones from phone service providers are finding new options are now available as companies in Europe break with traditional purchasing methods in a bid to increase profits. The popular subsidy plan – where a buyer gets a heavily subsidised handset after an upfront payment that is later topped...
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New figures released by the Finance & Leasing Association (FLA) show growth in asset finance new business (primarily leasing and hire purchase) of 12% in 2015 – the market’s second consecutive year of double-digit growth. The value of new business in December 2015 was up by 18% compared with the same month in 2014. New...
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In a piece in CityA.M. in the Entrepreneurs Section, Mike Francis, head of Asset Finance at Investec is dismayed that the High Street banks don’t have the confidence to lend SMEs the money they need, so business owners end up trying to fund their companies’ growth on overdrafts and credit cards, storing up trouble for...
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