CCR Magazine

FICO webinar
You are here  :Home arrow News arrow Asset finance up 27% in March
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Asset finance up 27% in March PDF Print E-mail
Friday, 08 May 2015

Figures released today by the Finance & Leasing Association (FLA) show growth of 27% in asset finance new business in March 2015, compared with the same month a year earlier, and 19% growth in Q1 2015 overall.

In March, IT equipment finance grew by 35%, and plant and machinery finance and commercial vehicle finance by 27% and 21% respectively, compared with March 2014.

First quarter results show IT equipment finance up by 53% compared with Q1 2014, while plant and machinery finance and commercial vehicle finance each grew by 13% in Q1 2015.

Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said:

“The asset finance market, through the provision of leasing and hire purchase, has made an excellent start to 2015.  March new business of £3.1 billion was the highest monthly total since September 2008, with record levels of new business reported by some asset finance sectors.”

(Source - FLA News Release)  

 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

CSA

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197