Tower News & Blog

FLA: 25th Month of Consecutive Asset Finance Growth Asset finance new business increased by 3% in October compared to the same month last year to £2.51bn (€3.47bn), according to the Finance & Leasing Association (FLA). Relevant Blogs

Continued Growth in Asset Finance New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 3% in October, the twenty-fifth consecutive month of growth. Relevant...

UK SMEs Aiming for "Steady Rather than Ambitious" Growth in 2016 Some 25% of UK SMEs, or 1.35 million businesses, are expecting to expand over the next 12 months, while 56% or 3.02 million businesses expecting business performance to stay the same. Relevant...

ABFA: Asset Based Finance Reaches a Record High of £20bn Invoice finance and asset based lending for UK and Irish businesses hit a record high of £20bn (€27.9bn) in Q3 2015. Relevant Blogs

Close Brothers: Nearly a Third of SMEs to Seek Funding in the Next 12 Months 29% of SMEs in the UK are planning to seek funding for business investment in the next 12 months, according to the Close Brothers Business Barometer. The quarterly survey of UK SME owners...

Government Urged to Raise Awareness of Alternative Financing Options for SMEs Lack of awareness amongst SMEs of alternative finance options is creating a potential economic hole of up to £20bn, according to the latest report released today by GLI Finance. Relevant...

Asset Finance Solution to Lack of Funding in High-Value Manufacturing The Finance & Leasing Association (FLA) and the Manufacturing Technologies Association (MTA) are today releasing a joint report calling on the Government to help improve the future financing of...

FLA: Asset Finance Market Records Two Years of Consecutive Growth Asset finance new business increased by 3% in September compared to the same month last year to £2.68bn (€3.78bn), according to the Finance & Leasing Association (FLA). Relevant...

Leaseurope: New Business Volumes and Profit Rise in Q2 2015 New leasing business in Europe grew by 9.4% in the second quarter of 2015 compared to the same period last year, according to Leaseurope's quarterly survey. Relevant Blogs

The Annual Investment Allowance The Annual Investment Allowance (AIA) is set to be changed to £200,000 from January 2016. How will this benefit your business? How does leasing compare to this government incentive? Enjoying 100% tax relief enables businesses to invest...

FLA: 23rd Month of Consecutive Asset Finance Growth Geraldine Kilkelly, head of research and chief economist at the FLA, said: "The revised ONS business investment figures show that the industry's contribution to the funding of investment is much greater than previous...

Asset Finance Industry Funds 32% of UK Business Investment Figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 5% in August compared with the same month last year –...