THE LAST QUARTER IN NUMBERS
19th September 2013, Page 17
19th September 2013
Page 17
Page 17, 19th September 2013
— THE LAST QUARTER IN NUMBERS
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June was by far the strongest month for the commercial vehicle asset finance market, with E463m struck in finance deals, figures from the FLA reveal. May also saw a 7% increase in finance to £386m compared with May 2012, while April saw the strongest performance in five years at £372m, an increase of 6% on the same period the previous year.
Julian Rose, head of asset finance at the FLA, said: "There is absolutely no question that this kind of funding can help support the economy. The Department for Business Innovation and Skills reported last week that growing businesses, particularly high-growth businesses, are more likely to use leasing or hire purchase than other SMEs."