In this issue

Welcome to Leasing Life’s quarterly e-magazine for asset finance and leasing professionals in the UK and beyond.  

This edition will focus on what’s in store for 2023. In ‘What can equipment finance lessors expect from 2023?’ Hickman Shearer’s MD Tim Chapman offers his perspective on distressed clients as repossessions rise, as well as the evolving picture for funding green assets.  

Meanwhile, our feature ‘ABL technology trends in 2023’, includes a Q&A with experts from Lendscape, Solifi, ABLSoft and CODIX, who discuss trends in asset-based lending, including real-time data sharing, artificial intelligence and software-as-a-service solutions. 

We also look at that exciting hotbed of new developments which is the Romanian fintech sector. In ‘Romania’s fintech revolution’ Chris Farnell talks to Radu Cirstea, CEO of business and product development of Lease Blocks, which develops fintech products for the leasing industry.  

Four years since IFRS 16 became common currency in lease accounting, Stefan Iggo, CFO of Australasian-based sustainable equipment financer Quadrent, offers his view on when (and when not) to take advantage of low-value and short-term exemptions.  

In ‘Clock is ticking on reform of the CCA,’ we offer a reminder that the HM Treasury’s consultation on reforming the Consumer Credit Act (1974) will soon expire.  

Also around the corner is a change to UK taxation that will see corporation tax rate to 25% in April (from 19% currently). Philip Alton, Partner at Gateley Legal, looks at why lessors may want to brush up on how and when to trigger tax variation clauses, given the current tax configurations. See, ‘Increase in corporation tax: What lessors need to know’ 

All the best for 2023,