FLA Members provided £80bn of new lending in H1

New figures released by 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. Whilst £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.

“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.”

	Q2 2025	% change on prev. year	H1 2025	% change on prev. year	12 months to Jun 2025	% change on prev. year
Total FLA new business (£m)	40,150	2	80,319	4	158,824	4
By customer:
Business (asset) finance (£m)	10,110	-3	20,230	1	39,898	1
Consumer finance (£m)	30,039	4	60,089	5	118,926	4
Within the above:
Motor finance (£m)