All articles by Peter Hunt
Peter Hunt
Green revolution or damp squib?
Last year, a report stated that asset finance take-up of green financing will grow quickly
Peter Hunt analyses market statistics for the year to February 28 2008
On the same month last year, business finance, excluding big ticket, was up 20 per cent, with cars (18 per cent) and commercial equipment (21 per cent) both showing strong gains
Peter Hunt analyses market statistics for the year to January 2008
Overall, business finance figures are down on December (not surprisingly as December is always a big month) but remain well ahead (11 per cent) of the same period in 2007
Coping with crisis
With finance companies facing the consequences of the so-called credit crisis, caused by sub-prime mortgages in the USA, the fact that implementation of Basel II is gathering pace, and a forecast softening of growth across a number of European markets, it is clear effective credit, arrears and portfolio management will be a critical factor in maintaining strong profit levels This survey by Leasing Life, carried out in conjunction with consulting group Invigors LLP, reveals the true scale of changes facing finance companies across Europe, with over 50 per cent indicating that the credit crisis has already impacted their cost of funds
Market statistics analysis for the year to June 30 2008
After Mays shaky numbers that suggested a potential downturn in volumes, the FLA business finance market looked rather stronger with Junes figures Though the monthly volume is down on June 2007, big ticket grew 67 per cent on May and year-to-date growth of 51 per cent continues to look healthy Assisted by a quarter end (albeit June tends to be one of the smaller quarter ends), business finance, excluding big ticket, also jumped 18 per cent on May and was slightly up on June 2007
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Peter Hunt analyses UK market statistics for the year to 31 October 2008
October was not a good month for FLA members, with all but big ticket transactions showing significant yearly and month-on-month declines A 17 percent year-on-year drop in the monthly total for business finance (excluding big ticket transactions) was recorded Cars were down 22 percent, commercial vehicles 18 percent and IT equipment 20 percent. Interestingly, plant and machinery remained firm, up 13 percent (5 percent up YTD).