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Commercial Credit News
|Asset finance up by 6% in May|
|Thursday, 09 July 2015|
New figures released today by the Finance & Leasing Association (FLA) show 6% growth in asset finance new business (primarily leasing and hire purchase) in May, compared with the same month last year.
IT equipment finance saw growth of 39% in May, while in the same period, plant and machinery finance and car finance grew by 6% and 21% respectively.
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