Asset finance estimates for the North West, built from published national totals and population figures.
£4,660m
Asset finance, 12 months
An estimated £4,660 million of new asset finance business was written by reporting lenders in the North West in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association asset finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £41,934 million of new asset finance business was written by reporting lenders in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in the North West: 6,355,015 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£975m
Plant and machinery finance
An estimated £975 million of new plant and machinery finance business was written by reporting lenders in the North West in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association asset finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £8,772 million of new plant and machinery finance business was written by reporting lenders in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in the North West: 6,355,015 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£1,250m
Commercial vehicle finance
An estimated £1,250 million of new commercial vehicle finance business was written by reporting lenders in the North West in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association asset finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £11,263 million of new commercial vehicle finance business was written by reporting lenders in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in the North West: 6,355,015 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£2,420m
Lease and hire purchase
An estimated £2,420 million of new lease and hire purchase business was written by reporting lenders in the North West in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association asset finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £21,789 million of new lease and hire purchase business was written by reporting lenders in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in the North West: 6,355,015 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£1,130m
Operating leasing
An estimated £1,130 million of new operating leasing business was written by reporting lenders in the North West in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association asset finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £10,120 million of new operating leasing business was written by reporting lenders in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in the North West: 6,355,015 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£2,040m
Direct asset finance
An estimated £2,040 million of new direct asset finance business was written by reporting lenders in the North West in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association asset finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £18,334 million of new direct asset finance business was written by reporting lenders in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in the North West: 6,355,015 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
£989m
Broker-introduced finance
An estimated £989 million of new broker-introduced asset finance business was written by reporting lenders in the North West in the 12 months to August 2026.
Source: Estimate from Finance and Leasing Association asset finance figures and ONS mid-2025 population estimates, Borrowing Data, 12 months to August 2026
Estimate: £8,895 million of new broker-introduced asset finance business was written by reporting lenders in the United Kingdom in the 12 months to August 2026 (Finance and Leasing Association) apportioned by the share of residents aged 16 and over living in the North West: 6,355,015 of 57,153,485 in the United Kingdom (ONS mid-2025 population estimates).
6,355,015
Residents aged 16 and over
The estimated population aged 16 and over in the North West was 6,355,015 at mid-2025.
Source: Population estimates - local authority based by single year of age (Nomis NM_2002_1), mid-year estimates, Office for National Statistics, 30 June 2025
ONS mid-year population estimates as returned by the Nomis 'Aged 16+' category, rebased to Census 2021 and 2022 where applicable. Usual residents.