All articles by Peter Hunt
Peter Hunt
The changing world of big ticket
Peter Hunt discovers that life is not easy for big ticket lessors as demand drops, terms keep growing and the infamous tax-based leasing has all but vanished. April and Mays FLA big ticket volumes were the worst for over two years
Mid ticket to nowhere
Despite the depression in the mid-ticket sector, some lessors claim they have the key to survival even though they have not altered their pricing and risk models Customer behaviours in the mid-ticket market have changed
Peter Hunt analyses market statistics for the year to 30 April 2009
Aprils FLA business finance statistics show another month in which volumes are substantially below last year Excluding big-ticket transactions, the business finance market was 35 percent down on last year Having peaked at almost £25 billion in early 2008, April saw the 12-month total for business finance, excluding big ticket, drop below the £20 billion (23.5 billion) landmark.
Databank UK
Marchs FLA business finance statistics (excluding big ticket) showed an increase of over 30 percent on Februarys total but convincingly was still over 30 percent down on March 2008
Peter Hunt analyses market statistics for the year to 28 February 2009
February was another poor month for finance providers, with FLA new business volumes for business finance (excluding big ticket) down 39 percent on the previous year Consumer and motor finance continue to show weakness, though the consumer element to a lesser extent than with business customers (splitting out motor finance, business motor was down 47 percent on 2008 while consumer motor was down 24 percent).
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No longer in denial
Leasing Lifes second Business Confidence survey shows lessors are, for the first time, now openly worried about their futures
Peter Hunt analyses market statistics for the year to April 30 2008
Peter Hunt analyses market statistics for the year to April 30 2008 Amongst all the doom and gloom, in April (historically a relatively weak month) the Finance and Leasing Association (FLA) posted the highest new business total since March 2006
Market statistics analysis
November saw FLA volumes take a material turn for the worse. Business finance (excluding big ticket), motor finance and consumer all fell heavily on both a month-on-month and year-on-year basis.
Peter Hunt analyses market statistics for the year to March 31 2008
Business finance volumes (excluding big ticket) for March 2008 are well down on the same month last year (9.1 per cent) but still higher than any of the intervening months