Decline in Asset Finance New Business Recorded in April 2025
June 18, 2025 - 05:33
Recent statistics indicate a notable decline in total asset finance new business, which includes leasing and hire purchase, experiencing a 7% drop in April 2025 compared to April 2024. This downturn marks a significant shift in the sector, raising concerns among industry experts about the underlying factors contributing to this decrease.
Despite the April figures, the overall performance for the first four months of 2025 shows a slight improvement, with new business volumes rising by 2% compared to the same period in the previous year. This mixed performance suggests that while April faced challenges, the early months of the year have managed to maintain some level of growth.
Analysts are closely monitoring these trends, as the asset finance market plays a crucial role in supporting businesses across various sectors. The reasons behind the April decline may warrant further investigation to understand its implications for future financing activities.
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