Key wins for Alfa customers at Leasing Life Awards
Alfa customers attain impressive recognition at the 20th anniversary of the Leasing Life Awards in Budapest, which honored excellence in equipment leasing, asset finance, sustainable finance, and ESG investing.
United Trust Bank (UTB), picked up the evening’s SME Champion of the Year Award, with the judges recognizing its customized funding solutions and strong relationships with broker partners. Established in 1955, it transformed into an independent specialist bank in 2004 through a management buyout. Since then, it has significantly expanded and diversified its operations, achieving a loan book exceeding £2.4 billion in December 2022, marking a remarkable evolution from £10 million in 2004.
PEAC Solutions secured Management Champion of the Year. Its ability to properly engage, integrate, and support a distribution channel being a key success factor in asset finance, particularly within OEM programs where sales are largely done through indirect channels.
The winner of the Captive Lessor of the Year 2023 was PACCAR Financial. This award acknowledges the captive's dedication to supporting its parent company and its ability to devise innovative and adaptable solutions for its clients.
Finally, with over three decades of asset finance experience, as both a broker and lender, and renowned for advancing inclusivity in the industry, the Lifetime Achievement award was picked up by Managing Director of New Opportunities at Close Brothers, Neil Davies.
The Awards ceremony rounded off a successful Leasing Life Conference, which also saw Andrew Flegg, Alfa’s Chief Technology Officer, offering insights on the potential of AI and robotics in transforming the leasing industry. He showcased real-world application examples, including tackling compliance challenges and enhancing risk management with technological advancement. Richard Dewire, Alfa’s Chief Revenue Officer, closed the conference with a panel session looking at where the industry will be in 2028, discussing the disruptors and future trends in leasing.