July 16, 2025 - 04:37
Total asset finance new business, which primarily includes leasing and hire purchase agreements, showed stability in May 2025, reflecting levels comparable to the same month in 2024. According to recent figures, the performance of the asset finance sector has proven resilient, with new business in the first five months of 2025 registering a modest increase of 1% compared to the same period in the previous year.
This steady performance in asset finance can be attributed to various factors, including consistent demand from businesses seeking to invest in equipment and technology. As companies continue to navigate economic uncertainties, asset finance remains an attractive option for facilitating growth and maintaining operational efficiency.
Industry experts suggest that the stability in new business levels could indicate a cautious optimism among firms, as they weigh their investment decisions amid fluctuating market conditions. The ongoing trends in asset finance will be closely monitored as businesses adapt to the evolving economic landscape.
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