CCR Magazine

You are here  :Home arrow News arrow Strong growth in asset finance in August
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Strong growth in asset finance in August PDF Print E-mail
Tuesday, 11 October 2016
New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 18% in August, compared with the same month last year.  

New business reported by the commercial vehicle finance and business equipment finance sectors grew in August by 28% and 24% respectively, while plant and machinery finance new business was up by 20% over the same period.

Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said: “August saw the asset finance market record its strongest rate of new business growth so far this year, with double-digit growth across most of the main asset sectors. The strong performance of the plant and machinery finance sector was driven by higher levels of new finance for manufacturing, construction and agricultural equipment.”

 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


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

Registered in England No: 05483197