Press Release

FLA MONTHLY STATISTICS

28 November 2005

FLA (Finance & Leasing Association) today released figures for business, consumer and motor finance for September 2005.

Overall
In September 2005:

• New finance provided to businesses to fund capital investment increased by 7% on September 2004 to a total of £1,838 million in September 2005.  Growth reported by the business car sector showed an overall increase of 4%.
  
• New finance provided to consumers remained static compared with September 2004, to stand at £5,616 million.  The direct unsecured loans market also showed a healthy increase, up 6% on September 2004.
  
• New finance to purchase cars was also up, by 2% compared with September 2004, to stand at £1,936 million, with finance for new car purchases by consumers up by 3% for the same period.

In Detail
FLA Business Finance (extracts)

New business	September 2005 £m	% change on same month last year
BUSINESS FINANCE	1,838	7%
Finance for …   Commercial equipment   New cars   Used cars	1,201    578   59	9%    4%    -2%

• Note: Growth rates reported for the business finance sector and, in particular, the commercial equipment sector, have been enhanced by the introduction of new members from May 2005.

FLA Consumer Finance (extracts)

New business	September 2005 £m	% change on same month last year
CONSUMER FINANCE	5,616	0%
Direct unsecured loans   Direct secured loans   Retail store credit   Finance for new cars   Finance for used cars	1,371   233   399   779   520	6%   -30%   -26%   3%     0%

• Note: not all consumer finance categories are included within this table.

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