Industry Analysis & Industry Trends
The Financial Leasing industry provides financial leasing of vehicles, furniture, equipment and machinery to government, business and households. Giving businesses and individuals the option to lease rather than purchase is a crucial component of any developed economy. Leasing reduces out-of-pocket expenses, transferring them into more timely and manageable payments. The critical nature of leasing as an alternative to buying is the reason the industry has been able to keep out of the decline stage of its life cycle.
Over the past five years, industry performance was highly volatile. In the beginning of the period, the financial crisis was in full swing causing heavy declines, and this continued into 2009-10... purchase to read more
Industry Report - Industry Investment Chapter
Leasing companies use technology extensively, as they perform their daily activities delivering products and services to customers. This necessitates investment in technological infrastructure as well as equipment to enable its use. Furthermore, financial leasing companies have to invest in research and development of that technology so as to improve efficiency, while rapid technological changes mean that they constantly have to upgrade equipment.
The depreciation costs involved with mean the industry spends 2.3% of its revenue on such expenses (excluding depreciation of leased assets). Furthermore, the need to be located in proximity to their target markets promotes a large number of establishments throughout the United Kingdom... purchase to read more