UK leasing recorded a 10% growth in finance deals below £20m in 2011, according to figures released by the FLA (Finance & Leasing Association).

The largest growth market was commercial vehicle finance which increased by 22% to £4.4bn. Business equipment finance was up by 15%, plant and machinery 12%, IT finance 8%, and car finance 4%.

During the period finance provided by brokers grew by 16% highlighting the fact that the Broker channel has established itself as the preferred source to funding in the market.