Octopus charges up EV leasing business with £550m funding
Octopus Energy's electric car-leasing business has secured an additional £550m in funding, the firm announced today.
Source: cityam.com
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Octopus EV silently speeds past £1 billion electric car funding
Octopus Electric Vehicles (Octopus EV) has agreed a £550 million debt securitisation facility from Lloyds Bank to fund electric vehicles, accelerating total EV funding to £1.2 billion.
Source: bmmagazine.co.uk
Octopus Electric Vehicles secures £550m facility with Lloyds Bank
Additional funds will play a pivotal role in financing Octopus’ EV salary sacrifice programme.
Source: fleetnews.co.uk
Sonovate Increases Securitisation to £240M, Bolstering its Lending Capabilities and International Reach
Sonovate, the leading provider of finance and payment solutions for the contingent workforce, has announced a significant increase in its securitisation to £240 million from the £165 million announced last year. This latest development comes with the strategic addition of Lloyds Bank to its group of finance providers. In joining Sonovate's finance providers, Lloyds Bank has
Source: financialit.net
Sonovate increases securitisation to £240 million
Sonovate, the leading provider of finance and payment solutions for the contingent workforce, has announced a significant increase in its securitisation to £240 million from the £165 million announced last year.
United Kingdom Renaud Chalmet Miray Muminoglu Richard Prime Sonovate Co Head Of Securitised Products Group
Source: finextra.com