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- Written by Louise Clavey
The next generation of talented professionals will help to shape the future of the asset finance industry, bringing innovative ideas and creative flair to the table.
As an industry we must encourage, develop and retain this emerging talent.
Work is already being done though initiatives within the UK asset finance market, focusing on networking, innovation, and diversity and inclusion, to help attract, foster, and engage the career-driven young professionals who are the future of the industry.
- {JLinkedShare}
- Written by Louise Clavey
Two years of soaring inflation, the highest interest rates since 2009, soaring energy costs due to conflict in Ukraine and the Middle East, plus a general election on the horizon have reduced the appetite for SMEs to invest. The IMF has downgraded its 2024 forecast for UK growth to 0.6%, the lowest in the G7, and lenders are already facing higher credit risks and rising defaults.
Amid this gloomy outlook, however, the asset finance industry is optimistic (in public at least), according to Asset Finance Connect’s inaugural Asset Finance Outlook report for H2 2023, sponsored by FIS. Historically, when the lending market gets tough, asset finance thrives, supporting SMEs when other lenders withdraw.
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- Written by Louise Clavey
The annual ranking of Europe’s leading asset finance providers today reveals the leasing companies that delivered industry growth during a year in which the asset finance industry continued to face a period of economic uncertainty.
The Asset Finance Europe 50, sponsored by Alfa, is the unique European annual ranking survey of business equipment and fleet lessors that provides an objective overview of all parts of the European leasing market.
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- Written by Louise Clavey
32% of European SMEs plan to fund investment in new business assets through leasing; according to the latest Acquis report “Opportunity in change: A market research report on SME business sentiment.”
SMEs are facing significant socio-economic challenges as the longer-term effects of the pandemic persist. With the aim of gauging the resilience of the market Acquis conducted an international survey across UK, Spain, Germany, France, Poland and BeNeLux.
In the latest research report you will discover:
- Business confidence and market sentiment
- SME growth opportunities and industry innovations
- Buyers growing commitment to a sustainable future
Download now to discover how the equipment finance market can support SMEs in 2023 and beyond.
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- Written by Louise Clavey
The UK’s asset finance industry has demonstrated determination and resilience in a challenging and uncertain economic environment. To maintain a healthy asset finance market, industry players have tackled these economic obstacles head-on, identifying opportunities and focusing on a sustainable asset finance industry.
That’s the message from a unique study of the UK’s asset finance industry which reveals how the sector, even when facing economic adversity and challenging climate change initiatives, remains a valued and vital financing solution for UK SMEs.
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- Written by Louise Clavey
The new Solifi Global Leasing Report 2023 reveals a promising 9.3% increase in new business volumes in 2021, as the global leasing industry emerged from the pandemic and equipment investments rebounded.
The report highlights that the top 50 countries reported new business volume of US$1.463 billion in 2021, up from US$1.338 billion in 2020.
