SGEF UK - Covid-19 situation
20 Mar 2020
Dear Customer Societe Generale Equipment Finance UK is a long-term player in the UK equipment finance market and has successfully negotiated a number of market downturns in the last 20 years. During this period we have consistently supported the UK market place, our customers and partners. As we move through these uncertain times of COVID-19, it’s more important than ever that we demonstrate our commitment to our markets and continue to support you through this difficult and changing situation. We have acted to safeguard the full continuity of our UK business operations by allocating our resources between office and homeworking. We will continue to monitor the situation and follow direction given by the government and will take whatever action is necessary to ensure we provide the support you might need. If you are experiencing payment difficulties or are worried about your ability to make future repayments please, in the first instance contact our Customer Service Team on 0208 973 2089 or email firstname.lastname@example.org and they’ll do their very best to help and will reply to all enquiries. If you have a specific request on an agreement, please send it in by email and attach any relevant information. Please be assured we remain open for business and we will do our best to support you during this period of uncertainty.
19 Mar 2020
As we move through uncertain times of COVID-19, SGEF is mobilized to ensure the safety of its teams and its clients following instructions from SG Group, the World Health Organization (WHO) and local authorities. In all our locations, we have put in place measures to ensure business continuity. Our priority is to protect our staff, to demonstrate our commitment to our markets and to continue to support our customers and partners. Our ability to execute transactions remains in place at this current point. It is in times like these that the depth and strength of “partnerships” and “long-term relationship” show their true value. If you have any concern or question, please liaise with your local SGEF contact.
Agreement with EIB
21 Aug 2019
In July 2019, SGEF Poland has signed an EUR 100 million agreement with the European Investment Bank (EIB) to finance SMEs, and this week, SGEF Scandinavia (SG Finans) renewed its collaboration making available additional EUR 150 million credit line in Denmark and Sweden.
Clear sky for the shift to cloud?
03 Jun 2019
“Shift to cloud” is the new mantra. Technology manufacturers and IT service providers are closely monitoring the proportion of cloud business in their revenue mix. It is a serious trend consistent with new consumption models. How will equipment finance address these new features?