Watch White Clarke Group’s latest video on the development of the US asset and auto finance industry 2015, and gain an exclusive insight into industry trends and market regulations.
Alternatively, download the corresponding USA Asset and Auto Finance Country Survey 2015 for free.
New White Clarke Group research on the auto and asset finance industry of America shows that new business volumes in the US equipment leasing market grew by 6.7% to $118 billion in 2014.
In 2015 to date, equipment leasing NBV has continued to increase, with the first eight months showing growth of 6% on the same period a year earlier. However, the pace is slowing. Assets under management grew 8.6% in 2014, return on assets remained at 1.7% for the third year running, and net income increased 15% compared to the year before.
Business confidence is relatively high, and the forecast is for investment in equipment and software to grow around 5% in 2015, down slightly on the previous year. The auto sector is in robust health, fleet share of the market is growing, and leasing as a method of auto finance continues to show a good rate of growth.
White Clarke Group is a world leader in software solutions to the asset and automotive finance sector. We have a 23 year track record in finance technology leadership and innovation. The company’s CALMS platform supports the complete life cycle of auto and asset finance, leasing and loan origination from point-of-sale through credit approval, contact management and customer support.
To learn more about White Clarke Group and access additional video presentations, click here.
