Lease Financing In Australia – Insights (2015-2020)
Lease financing is one of the mediums for financial institutions to generate the source of finance. This basically means it becomes easier to acquire & lend a loan through business lending. Here are the figures of the lending for lease financing in Australia.
|Sr No.||Year||Figures in Billions (AUD)|
In the year 2015, the business lending figure in Australia was about 9.9 billion Australian dollars. A slight drop is observed in the year 2016 of about 1.0 billion. The years 2017 and 2019 were at a peak beyond 10 billion AUD. 2018’s business lending was remained near-to steady at 9.71. Whereas, in 2020 figured are seen of about 7.9 billion dollars.
Overall in the year 2017, the exponential calculation of 10.14 billion Australian dollars was observed.