News in Numbers

The amount generated by Hampshire Trust Bank’s asset finance division in net leasing for 2021/2022, now closed to new business, impacting vehicle stocking, as the bank reassess its priorities.

The rise in bad debt among small businesses reported by Bibby Financial Services, with SMEs now writing off an average of £40,000 annually in unpaid invoices, up from £17,500.

The loan size provided by the European Investment Bank to Pekao Leasing to support the growth of SMEs in Poland, enabling approximately €420m in investments.

New asset finance business in August 2024 fell by 7% compared to August 2023, yet the cumulative total for the first eight months of 2024 remains 4% higher than the same period last year, the FLA said.

The size of the decline in the value of new equipment finance deals in the UK during the first half of 2024 compared to the same period in 2023, according to the Acquis Index.