The industry is expected to grow at a compound annual rate of 2.5% over the five years through 2015-16. However, although the industry is forecast to expand, revenue is expected to remain below pre-crisis levels. The low interest rate environment and the severe difficulties associated with securing funding from conventional lenders, such as banks, had a positive influence and enabled the industry to expand. Nevertheless, players struggled to secure funding, which curtailed their ability to grant loans. Demand conditions also differed considerably due to the broad range of lenders being classified to this industry.
This industry includes companies that lend money or otherwise grant credit. These organisations do not fund their lending through deposits as a bank or building society would. Instead, they sell bonds and shares and sell loans on to other companies. Participants range from non-depository mortgage finance companies to pawnshops.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.