Leasing of plant or machinery is big business. In recent
years the Finance and Leasing Association (FLA) has reported that
their members financed about 25% of fixed capital investment by
businesses in the UK (excluding real property).
The FLA’s members provide business with lease finance
for over £20bn of plant or machinery each year. Around half
involves hire purchase, the other half involves finance or
operating leases (in variable proportions) without a purchase
option.
