Asset finance sector growth supports economic recovery

Released on 4 April 2014

Figures released today by the Finance & Leasing Association (FLA) show that asset finance new business was up by 12% in February 2014, compared with the same month last year.

Growth was broad-based and evident across a number of key asset sectors, with plant and machinery finance up 36%, business equipment finance up 14% and commercial vehicle finance seeing a rise of 22%.

Commenting, Geraldine Kilkelly, Head of Research Continue reading