“The Finance and Leasing Association’s May statistics highlight the progress that has been made across the board in the asset finance market over the past year. The industry saw new business growth of 6% in May, just shy of its pre-crisis peak. This reflects increased confidence on the part of both businesses and lenders.
“With the recent changes to the Annual Investment Allowance announced in the Summer Budget I’m confident that we have a stable and positive environment for further growth in the SME market. At Aldermore we are seeing a real appetite for asset finance funding from SMEs and it’s great that the asset finance industry is in robust shape to support these businesses as they invest and grow, and play a key role in supporting the UK economic recovery.”
See the Finance and Leasing Association’s May statistics here.
For further enquiries, journalists can contact:
Christina Bridge, Cicero Group
Phone: 020 7947 5317
Mobile: 0790 0242 823
For further information about Aldermore, our financial backers and our PR contacts, please review our Notes to Editors page.