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New figures released by the Finance & Leasing Association (FLA) show growth in asset finance new business (primarily leasing and hire purchase) of 12% in 2015 – the market’s second consecutive year of double-digit growth. The value of new business in December 2015 was up by 18% compared with the same month in 2014. New...
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In a piece in CityA.M. in the Entrepreneurs Section, Mike Francis, head of Asset Finance at Investec is dismayed that the High Street banks don’t have the confidence to lend SMEs the money they need, so business owners end up trying to fund their companies’ growth on overdrafts and credit cards, storing up trouble for...
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