It’s great to see a reminder that readers of Leasing Life are a positive bunch.
If you don’t believe me, check out our online survey taking a look at the likely state of the leasing industry in 2020.
Go deeper with GlobalData
While those who took part, ranging from senior executives at Europe’s top leasing firms to industry consultants and asset finance legal experts, did identify some challenges facing the industry between now and 2020 – and some did anticipate contraction in some areas of the market – most looked to the start of the next decade optimistically and anticipated significant market growth.
That is a sentiment which, given the global economy has spent the last four years lurching from crisis to crisis like melodramatic teenagers in a doomed romance, is somewhat heartening.
It is especially pleasant to see such confidence and positivity at a time when it seems fair to say no one is quite out of the woods yet.
The latest figures from Leaseurope covering the second quarter of this year in which most indexes dropped year-on-year, while not entirely grim reading, serve as a reminder the great financial crisis of 2008, 2009, 2010 and 2011 can add another yet another year to its shadow.
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By GlobalDataThat said, something else has gladdened my heart this last month.
With the privileged insight which comes with having been inundated by nominations for the Leasing Life awards from firms across the spectrum of the European industry, I can safely say while the aggregated figures from Leaseurope may leave a little to be desired, within that total there are individuals firms, from large networks to local brokers, working harder than ever to drive business, increase value and champion the industry.
With the finalists now announced for all the awards the process is now out of the hands of the Leasing Life editorial team and in the capable hands of our panel of judges who will now pick the year’s top performers.
Having had the opportunity to scrutinize all the submissions during the short-listing process, I was delighted with what I saw.
I read of new schemes bringing leasing to business sectors hungry for credit, of truly innovative added-value propositions helping to secure new business in previously untapped areas, as well as securing the loyalty of current lessees, and of technological developments which show leasing to be right there at the forefront of the banking industry.
Having looked at these submissions, I too can look to the future confident that the work being done by Leasing Life‘s readership will help to secure the industry right into the next decade.
Much sooner than that, just one month and one more issue of Leasing Life away in fact, I can look forward to taking part in the opinion-forming and agenda-setting in store at our European Conference, and the evening’s awards during which the deserving winners, and all finalists, can be lauded for their achievements.
I look forward to seeing you there.
Fred Crawley
fred.crawley@vrlfinancialnews.com
