Financial Leasing Market Is Likely to Experience a Tremendous Growth in Near Future
The Financial Leasing industry provides businesses, government bodies and households with the ability to lease assets, such as vehicles and various other equipment. Industry revenue is estimated to increase at a compound annual rate of XX% over the five years through 2017-18. Revenue expansion was sluggish in the base year of the period as relatively weak consumer and business confidence levels restricted demand for financial leasing. Strict lending criteria also made it harder to obtain a financial lease.
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