Figures from the Finance & Leasing Association (FLA) show that FLA members across the asset finance, consumer finance and motor finance markets provided £80.3 billion of new lending in the first half of 2025, 4% higher than in the same period 2024. Of this total:
- £20.2 billion was provided to businesses for investment in machinery, equipment, and vehicles, including £12.0 billion to SMEs.
- £60.1 billion was provided to households, including £21.0 billion for new and used car purchases.
- £31.8 billion was provided by non-bank lenders.
Stephen Haddrill, Director General at the FLA, said: “During my time as Director General of the FLA, our markets have faced many challenges; firstly, the Covid pandemic, then subsequent supply shortages, a cost-of-living crisis, tariff uncertainty, and indeed regulatory uncertainty.
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“However, our members and their markets are resilient – annual new business levels increased from around £140 billion a year in 2019 to almost £160 billion in our latest statistics.
“This is heart-of-the-economy funding – whether it’s supporting small or micro business investment, high street purchases or helping to buy the family car. It matters because it makes a difference to people in their day-to-day lives.
“Motor finance lenders are currently weathering a tough period, but they will prevail because they have good products and loyal customers.”
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