FLA MONTHLY STATISTICS

22 August 2005

FLA (Finance & Leasing Association) today released figures for business, consumer and motor finance for June 2005.

Overall

In June 2005:

• New finance provided to businesses to fund capital investment totalled over £2.3 billion in June 2005.  Growth reported by the business car sector slowed dramatically to 0%.
• New finance provided to consumers decreased by 7% compared with June 2004, to stand at £5,434 million.  The direct unsecured loans market recorded a contraction, down 10% on June 2004.
• New finance provided to purchase motorcars decreased by 5% compared with June 2004 to £1,662 million, with finance for new car purchases by consumers down 9% over the same period.

In Detail
FLA Business Finance (extracts)