Leasing helps SME’s invest in growth

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Leasing helping UK

Leasing can help SME’s invest in their business, whether that’s an office refit and refurbishment or new equipment, furniture and IT. It’s becoming an increasingly popular choice as businesses look for smarter ways to finance growth.

Figures just released by the Finance & Leasing Association (FLA) show 12% growth in asset finance new business in November 2014, compared with the same month the previous year. Business equipment finance grew by 25% in November and IT equipment finance grew by a staggering 40%. Click here to read the full article.

Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said:

“November was another month of solid growth for the asset finance industry, with good performances in key sectors. Asset finance, primarily leasing and hire purchase, is particularly popular with SMEs because the success rate on application for micro, small and medium sized businesses is the highest of all the major finance options.

If you are planning a project, either for yourself or for your customers, and would like to find out how leasing could help without putting pressure on your working capital, please call us on 01494 783 773 or email [email protected]