A Thousand Leases Every Day
Mar 10, 2011
Over a thousand small businesses a day are obtaining new asset finance, according to the Finance & Leasing Association's (“FLA”), latest industry figures today. With 750,000 SMEs using equipment on leasing or hire purchase, asset finance represents the majority of debt-financed business investment. There are around 250,000 new agreements each year, and one in every three small businesses with any external borrowing uses asset finance.