The third edition of the annual Asset Finance Europe 50 (AFE50) ranking survey has revealed strong growth for leading companies in the region.
The unique European annual ranking survey, sponsored by Alfa, shows total business equipment and vehicle lease receivables in 2018 were €299 billion, up 5.4% compared to 2017. The previous year showed an increase of around 2.8%.
Asset finance providers are becoming increasingly aware of the potential for artificial intelligence to streamline processes, accelerate decision-making and deliver increased business volumes.
AI can unearth hidden value in data archives, process new streams of data inexpensively, detect suspicious behaviour automatically, or help companies respond to market trends more quickly than competitors.
The current leaders of the UK’s dynamic asset finance market have been revealed in the exclusive 2019 Asset Finance 50.
The annual AF50 is the UK’s most influential survey of business and equipment lessors, which tracks the health of the market and identifies the key trends that are set to have an impact on the sector.