Clients of CHP Consulting, a leading global supplier of asset and automotive finance software and consultancy services, dominate some important new research on the UK’s top 50 asset finance providers published today by Asset Finance International and Asset Finance Policy.
Asset Finance 50 is a new ranking survey of UK business equipment and fleet lessors, based on data from their latest audited company accounts. CHP Consulting’s ALFA Systems software platform serves five of the top ten in the AF50, and 11 of the top 25.
Andrew Denton, CHP’s Chief Operating Officer, said: “By filling a key informational gap, Asset Finance 50 also celebrates the importance of our industry to the UK economy. We are all keen to promote asset finance, and by setting out who the key players are, the AF50 helps everyone do just that.
“While the big four banks–three of which are CHP clients–remain by some margin the largest lessors, the research shows the market is highly dynamic and that there is rapid growth amongst independents and fleet lessors. The fact that so many of those are also our clients is a persuasive demonstration of ALFA’s ability to help asset finance businesses develop and flourish.”
As well as the all-important rankings and some revealing analysis from the publishers, further insight and context is provided by various industry figures, such as Gavin Wraith-Carter, Lindsay Town and John Bennett. The survey also tackles the important distinction of ‘non-legacy’ bank business leasing by looking at bank subsidiary operations.