Asset Finance & Leasing Driving Business Growth
The statistics which are for the period November 2011 show a large increase ( fourteen percentage points) in plant and machinery with the highest increase coming in the information technology sector which enjoyed a twenty nine percent rise in finance. The only sector saw a decrease in funding was for Aircraft, Ships and Rolling Stock which declined by seventeen percent.
In 2011 Finance & Leasing Association members provided £72.7 billion of new finance to UK businesses and households. £20.9 billion of finance was provided to businesses and the public sector, representing around 27.5% of all fixed capital investment (excluding real property and own-account software) in the UK last year. To find out more about the FLA Click here
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