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Octopus charges up EV leasing business with £550m funding - Vimarsana News

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
Octopus EV silently speeds past £1 billion electric car funding - Vimarsana News

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.

Octopus Electric Vehicles secures £550m facility with Lloyds Bank - Vimarsana News

Octopus Electric Vehicles secures £550m facility with Lloyds Bank

Additional funds will play a pivotal role in financing Octopus’ EV salary sacrifice programme.

Sonovate Increases Securitisation to £240M, Bolstering its Lending Capabilities and International Reach - Vimarsana News

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

Sonovate increases securitisation to £240 million - Vimarsana News

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.