Societe Generale Equipment Finance Selects 42 for Asset Finance

16th September 2005: Northern Arch is delighted to announce the signing of SG Equipment Finance to its growing list of 42™ clients. 42TM is Northern Arch’s end-to-end lease management and asset finance system. The implementation will commence immediately with a view to covering the entire lifecycle of SG Equipment Finance’s various transactional workflows. 42™ will support SG Equipment Finance’s loan portfolio, Asset Finance and Leasing transactions, Purchase Receivable transactions and provide motor vehicle fleet capabilities.

Lester Singleton, CEO, Northern Arch said "This opportunity is a major success for Northern Arch and we are looking forward to working with Robert Gallen and his colleagues to achieve SG Equipment Finance’s project objectives and to be able to establish and maintain a very strong and effective relationship long into the future. We are very proud to be adding SG Equipment Finance to our increasingly impressive client base using 42™ in a variety of markets."

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