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Asset Finance Market grew by 80% in April 2021




New figures released recently by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew by 80% in April 2021 compared with the same month in 2020.


The commercial vehicle finance sector reported new business up by 140% in April compared with the same month in 2020.


The plant and machinery and business equipment finance sectors reported new business up by 58% and 43% respectively, over the same period.


Asset Finance is an effective and hugely beneficial way to access equipment that your business needs to flourish.


Business owners are usually surprised by the wide variety of equipment which can be obtainable on Asset Finance. For example, catering equipment in restaurants and hotels is often financed this way, as well as assets like high-specification plant machinery.


To find out more about the Benefits of Asset Finance, click on the link to download the full PDF: https://lnkd.in/gpX8MuD


 

For more information please call one of our Account Managers on 01908 429888 or email us at info@approved-finance.co.uk

 
 
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Copyright © 2025 Approved Business Finance Ltd. All rights reserved.

 

Approved Business Finance Ltd is an independent asset finance brokerage and not a lender, as such we can introduce you to a wide range of finance providers depending on your requirements and circumstances. We are not independent finance advisors and so are unable to provide you with independent finance advice. Approved Business Finance Ltd will receive payment(s) or other benefit from the finance provider if you decide to enter into an agreement with them. We will receive commission from our lenders. Approved Business Finance Ltd aims to provide our customers with the highest standards of service. If our service fails to meet your requirements, we will endeavour to find a resolution. 

 

Approved Business Finance Ltd is an Appointed Representative of AFS Compliance Ltd, which is Authorised and Regulated by the Financial Conduct Authority, firm number 625035. Approved Business Finance Ltd is a Franchisee of Asset Finance Solutions (UK) Ltd. Approved Business Finance Ltd is incorporated in England and Wales (company number: 11914104) with its office at Seebeck House, Seebeck Pl, Milton Keynes MK9 8FR

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