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Byline: John Huetter Electric vehicle shoppers who receive lower monthly payments for agreeing to send the lender a delayed down payment -- such as money received from an EV tax [...]

Byline: Carly Schaffner In April 2020, amid a worldwide shutdown that halted auto manufacturing across the globe, Mazda Motor Corp. was evaluating whether it would be able to open its [...]

Purpose--The purpose of this paper is to analyse the creation of shareholder value (SHV) created by non-depository financial institutions and, especially, by leasing and factoring (L&F) companies. Design/methodology/approach--The cost of capital of both L&F companies is estimated using an accounting procedure and, next, the economic value added (EVA) created by Italian L&F companies over the period 2002-2004 is estimated. Findings--L&F companies display high profitability and EVA levels over the period analysed: a very large part of leasing and factoring companies achieved a positive EVA and the lowest median level of EVA created is at least 11 per cent of capital invested in the company, while at least 50 per cent of leasing companies achieved a positive EVA and the lowest median level of EVA created is almost 2 per cent of capital invested in the company. Research limitations/implications Future research may try to investigate other markets. The paper's focus on Italy for data collection for L&F is problematic and data are collected from a unique data base. Practical implications SHV--creation is the main strategic objective of L&F companies so the paper is of interest to both academics and practitioners. Originality/value--This is the first study focusing on SHV creation by non-depository financial institutions and, especially, L&F companies. Keywords Cost of capital, Economic value added, Assets, Italy, Leasing, Factoring Paper type Research paper

Byline: Bryan Yurcan Commercial clients represent billions of dollars in assets, but they often have a harder time opening a bank account than the average retail client. For example, commercial [...]

Lendified has entered into an agreement with ClearFlow Commercial Finance to increase its lending capacity. According to a media release, through the agreement, ClearFlow is providing Lendified with a $60 [...]

Byline: Brian Collins WASHINGTON -- The Comptroller of the Currency is proposing to nearly double the appraisal threshold for commercial real estate transactions to $400,000. Currently, national banks have to [...]

Firms providing capital and services are showcased on the following pages. They are listed in alphabetical order. A profile appears for each firm. The profile offers insight into each firm's [...]

The financing market--particularly those lenders to the security industry--has undergone significant change in the past year. Security dealers who have tried to obtain working capital or make an acquisition, or [...]

The availability of money for hotel loans appears to have dried up like a desert ravine under the summer sun. The scorching heat of dropping occupancies, a tighter economy and [...]

Wealth management has traditionally been seen as the preserve of blue bloods and the seriously rich, but the sector has recently enjoyed an injection of democracy. A host of new [...]

The new tax year is upon us, and if you feel you could be making more with your money, then look no further than this month's guide to ISA and […]

The practice of merging wholesale and retail lending operations in the recreational vehicle industry is becoming popular as seen from the experiences of firms such as CIT Group, Bombardier Capital Inc and Deutsche Financial Services. These merger and diversification trends may be attributed to the financing companies' objective of increasing their market share. Lender profits have been affected by personal bankruptcy filings and credit delinquencies., The market is flat, the dealer body is stable but not growing, and price competition among lenders is fierce, so 'one-stop shopping' has become the favored approach among the financial [...]

Financial services firms reported their factoring volume and profits generated by their business with textile and apparel companies for the period ended June 30, 1996. Financial companies kept their credit losses under control and bad debts did not exceed acceptable levels during the first six months of 1996. Factoring firms expect to generate stronger profits in the second half of 1996., NEW YORK (FNS) -- The elusive light at the end of the tunnel is beginning to shine more brightly for the factors and the industries they service. After about three [...]

We stock the products they want' has replaced 'take it or leave it' as a policy for doing business in all departments of profit-minded new-car dealerships -- especially finance and [...]

In this article, the authors describe trends, economic factors, demographics, and credit analysis techniques for the bridal shop industry. While the shops are small and usually family owned and operated, the outlook for the industry is good. The number of marriages in the U.S. is expected to continue to climb with accompanying increases in spending for wedding-related items. A sidebar showing the strengths and weaknesses of the industry and including some recommendations for lenders is included. (Reprinted by permission of the publisher.), About 90% of adults marry at least once during their lives. And of the $32 billion spent on weddings in 1991, an estimated $6-$7 billion is spent in bridal shops. [...]

The RTC has created a new program to give smaller investors a better shot at buying some of the assets taken over from failed thrifts. Small individual buildings will be [...]

Byline: Jacob Passy Wells Fargo in San Francisco and a unit of Blackstone Group have agreed to buy commercial real estate loans held by GE Capital in transactions valued at [...]

Byline: Jim Henry General Motors' move to steer all subvented leases for Cadillac and Buick-GMC through GM Financial as part of the captive's ongoing buildup was welcome news for dealers, [...]

The majority of apparel manufacturers are turning to factors for the benefits of financial protection, better cash flow efficiency and cost savings. EDUCATED GUESSES are that two-thirds of the apparel [...]

For many businesses, working capital financing is the primary and most logical means of obtaining funds for operating needs and for growth. Especially during uncertain economic times, working capital loans [...]

When American Bancshares Inc. bought three branches and $17 million in deposits of RHNB National Bank of North Carolina in March it needed a little capital to tide it over. [...]

Factoring companies typically provide short-term financing to companies by assuming their trade debts and accepting both the credit risk and the responsibility for debt collection. Factoring companies usually provide cash of up to 80% of the invoices held with the balance of the credit, less the service charge, being paid once the factor receives payment from the client. Clients are typically growing small businesses that are caught with temporary cash flow problems. Factoring has evolved into a mature financing industry which now has a turnover of around 11 billion pounds sterling.

A Reversionary Update In our issue of September 1989 Professor Baxter of the London School of Economics recalled a trading name from his Edinburgh past (1) and outlined something of [...]

Selecting the right financing is just as important as choosing the right equipment to run your warehouse or DC. As Toyota's captive financing arm, Toyota Industries Commercial Finance (TICF) provides [...]

Some funds are opting for more concentrated portfolios by avoiding high investment when there are several other index funds available at much reasonable terms. The portfolios of some of the concentrated investors who run these funds like Fairholme Fund, MCI, Leucadia National, First Eagle Fund of America, and many others are discussed.

A property that sat empty for a decade in one of New York City's hottest neighborhoods will now become housing. Kennedy Funding Financial closed a $2 million loan to LZBC [...]

Ozinga Brothers has received financing from GE Capital to help it purchase and utilize GE's CNG in a Box system. Mokena, IL-based Ozinga provides ready-mix concrete, decorative concrete supplies and [...]

VW Credit wants its dealers to start using e-contracting, in which signatures on a tablet can take the place of paperwork. It could help the captive lender -- Review contracts [...]

Nonbank specialty finance companies, along with depository financial institutions and nondepository financial service companies, belong to the sector of the financial securities industry which benefited the most with the growth of asset-backed securities (ABS) market in the 1990s. Analyzing these companies financial statements revealed that their ABS spread income can be understood similarly with portfolio lenders' net interest income., One of the dominant trends in the financial services industry during the 1990s is the explosive growth in the array of asset-backed securities, or ABSs. This business, of course, began [...]

Financial issues affecting luxury car leasing by small businesses are analyzed. Corporate motor vehicle lease financing related to budget changes is also discussed.

INTERNET BUSINESS NEWS-(C)1995-2012 M2 COMMUNICATIONS Helping to lead the way in the growing use of electronic lien and title processing across the country, DealerTrack (NASDAQ: TRAK) announced its ELT Direct [...]

MESA, Ariz. - GE Capital, Corporate Finance recently said it is administrative agent on a $75 million asset-based credit facility for Acme Lift Co. LLC, a leading wholesale rental company [...]

Capital Financial Services Inc. 3443 N. Central Ave., Ste. 1002 Phoenix AZ 85012 (602) 248-0864 Type of Financing Direct: Factoring Type of company: Factoring Top Arizona officer: William J. Saulson, [...]

INTERNET BUSINESS NEWS-(C)1995-2011 M2 COMMUNICATIONS 20 September 2011 - Indian credit rating agency ICRA said on Thursday it had withdrawn the LBBB- rating on the INR135m (USD 2.8m/EUR2.1m) long-term fund [...]

Credit corporations are assuming the role of savings and loan associations, banks and insurance companies in providing funds for commercial real estate. The collapse of thrifts and the unwillingness of banks and insurance companies to provide capital for the industry have opened up new opportunities in the lending sector. Credit corporations, therefore, have more chances of picking out highly profitable transactions. They are also financing redevelopment, remodeling and expansions, thereby creating value, which will in turn attract traditional lenders. Some examples of how credit corporations help borrowers by enhancing property values are presented.