The commercial vehicle finance sector saw new business leap by 140% in April compared with the same month in 2020, according to the FLA. This compares with a rise of 58% and 43% respectively in the plant and machinery and business equipment finance sectors and an overall growth of 80% in the asset finance market in the same period. In contrast, the IT equipment finance sector saw new business fall by 13% in April, compared to the same month in […]
Turnover at Tilbury and Daventry-based business Arcese UK fell by almost 8% last year, although it said a more focused commercial approach started to bear fruit in the latter part of 2019.
Just three months into his new job as vice president and MD of Enterprise Flex-E-Rent and Burnt Tree, MT meets Danny Glynn (pictured) at Enterprise Car Rentals’ swanky nearly-new European headquarters in Egham, Surrey. “Don’t touch the walls, the paint might still be wet,” he jokes.
Operators working for Mars UK have hit out at a change in their payment terms, which have increased from 90 to 120 days, claiming the situation will damage cashflow so much that they may not re-tender for the business.