Lease Financing In Australia – Insights (2015-2020)

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)
1	2015	9.9
2	2016	8.9
3	2017	10.14
4	2018	9.71
5	2019	10.04
6	2020	7.9

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.