In Reference Appointments & Updates
Alphera Financial Services has announced its partners have raised £2,500 for Macmillan Cancer Support. An incentive scheme, which runs until December 2017, is
designed to support Alphera’s dealer partners in developing a deeper understanding of the customer journey, as well as gauging more accurately the consumer experience and point-of-sale techniques. At the heart of the scheme is a survey sent to every
customer who buys a vehicle. Director, Spencer Halil, said: “We are delighted that we have already managed to raise a significant sum for such a worthwhile charity.”
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Jamie Waller, the lead investor on the deal said: “Arum has a great
reputation in the industry and is known for its expertise, quality of service, transparency and ability to deliver. We plan to expand that good reputation through significant investment in people, processes and services.”
The number of county court judgments (CCJ) registered against businesses in England and Wales rose during the third quarter of 2017, compared with the same period a year ago, according to figures released by Registry Trust. During the third quarter of 2017, there
were 24,698 CCJs against businesses in England and Wales, 27% more than the equivalent quarter a year prior. This broke the trend of the past eight years during which figures had decreased year on year. The total value of business CCJs rose by
13% to £80,506,210; the first time since 2011 that a relative increase occurred.
New figures released by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) fell by 6% in September, compared with the same month last year. Geraldine Kilkelly, head of research and
chief economist, said: “September was a quieter month for the business car and plant
Spencer Halil
Tinubu Square has been awarded the 2017 Trophées de l’International du Numérique (International Digital Company Award 2017) by the IE-Club and Business France. Jerome Pezé, CEO & founder of Tinubu
Square, said: “We are proud to once again be recognised by this award, that highlights our contribution to the promotion of the excellence of French technology abroad.”
Smart Money has relocated its Glasgow operations to larger premises. Paul Crewe, managing director, said:
and machinery finance sectors. Nevertheless, the asset finance market has returned a strong performance so far in 2017, with new business overall 6% higher than in the previous year. Over the same period, UK business investment is forecast to have grown by only 2.3%.”
Company Watch has become a corporate partner of the CICM. Chief executive officer, Jo Kettner, said:
“We have the opportunity to talk to many prospective users of credit information so that we are always able to respond to the changing needs of our potential clients and really understand the nature of the problems they face.”
“We have long recognised the importance of the Scottish marketplace and how local knowledge can add real value to a variety of specialist offerings. Suffice to say that 100% of our Scottish business is dealt with by local experts who understand the differences in lending practices and quirks in property law. “We fully expect this area of the business
to continue on this growth projection in 2018 and we will work hard to ensure that Scottish intermediaries have access to an extensive range of second-charge offerings.”
November marked the 15th anniversary of CoCredo. The business was established as part of Wyse Leasing and became a stand-
Cabot Credit Management has announced that it will not be proceeding with an initial public offering on the London Stock Exchange. Its board believes that proceeding with the transaction would not be in the best interest of the company or its shareholders, given the current IPO and broader market conditions. Cabot said that it would continue to deliver on its growth
strategy and would re-consider an initial public offering at such time as market conditions became more supportive. Chief executive, Ken Stannard, said: “The high level of
Ken Stannard
engagement and interest that we received from a wide array of investors was very encouraging, but the timing has been unfortunate with respect to IPO market conditions.”
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www.geniusppt.com 48
www.CCRMagazine.co.uk December 2017
Ofcom: Are You Ready for the Changes? No Capex Required
Flexible On Demand Commercials
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