Facts & Figures

The Finance and Leasing Association is the leading trade association for the asset, consumer and motor finance sectors in the UK.

Our members include banks, building societies, finance houses, credit and store card providers, motor finance companies and asset finance and leasing companies.

The Association has 112 Full Members, including 95 asset finance members, 63 consumer finance members, and 68motor finance members. (Some companies are membersof more than one division.)

In addition, 92 associate members provide services to our full members

The facilities they provide - including finance leasing, operating leasing, hire purchase, conditional sale, personal contract purchase plans, personal lease plans, secured and unsecured personal loans, credit cards and store card facilities - account for a third of the UK’s unsecured lending and half of all car purchases.

Business

In 2008 FLA members financed £89 billion of new business. Almost £30 billion was provided to the business sector and UK public services, representing almost 28% of all fixed capital investment in the UK last year (excluding real property and own-account software). Asset finance is now the third most common source of loan finance, after bank overdrafts and term loans.

Almost one fifth of UK SMEs used leasing to fund capital equipment.

Consumer

In 2008 FLA members provided £60 billion to the consumer finance sector, representing almost 30% of all unsecured lending in the UK in 2008. 

Motor

In 2008 FLA members financed £89 billion of new business. FLA members provided £18 billion of motor finance in 2008 and financed more than 50% of all new car registrations in the UK.

For further information contact statistics@fla.org.uk