Current Table

BUSINESS RECEIVABLES OUTSTANDING AT FINANCE COMPANIES, 2007-2011

($ billions, end of year)

            Percent of total
  2007 2008 2009 2010 2011 2007 2008 2009 2010 2011
Total $602.2 $608.3 $495.6 $474.3 $466.6 100.0% 100.0% 100.0% 100.0% 100.0%
Motor vehicles 105.7 95.1 63.4 68.1 66.8 17.6 15.6 12.8 14.4 14.3
     Retail loans 16.4 12.8 10.1 9.3 10.8 2.7 2.1 2.0 2.0 2.3
     Wholesale loans (1) 56.9 51.3 37.0 43.3 41.3 9.4 8.4 7.5 9.1 8.9
     Leases 32.4 31.0 16.3 15.4 14.6 5.4 5.1 3.3 3.2 3.1
Equipment 328.2 347.0 296.9 307.1 300.2 54.5 57.0 59.9 64.7 64.3
     Loans 111.4 115.9 92.2 113.1 112.9 18.5 19.1 18.6 23.8 24.2
     Leases 216.9 231.1 204.7 194.0 187.3 36.0 38.0 41.3 40.9 40.1
Other business receivables (2) 89.0 97.8 88.6 65.9 66.9 14.8 16.1 17.9 13.9 14.3
Securitized assets (3) 79.3 68.4 46.8 33.2 32.8 13.2 11.2 9.4 7.0 7.0
     Motor vehicles 33.6 27.4 12.4 5.9 5.9 5.6 4.5 2.5 1.2 1.3
          Retail loans 2.6 2.4 3.0 2.1 2.1 0.4 0.4 0.6 0.4 0.5
          Wholesale loans 30.9 25.0 9.4 3.8 3.7 5.1 4.1 1.9 0.8 0.8
          Leases 0.1 0.0 0.0 0.0 0.0 (4) (4) (4) (4) (4)
     Equipment 13.3 10.7 6.8 4.0 3.9 2.2 1.8 1.4 0.8 0.8
          Loans 9.4 7.1 3.4 1.1 1.1 1.6 1.2 0.7 0.2 0.2
          Leases 3.9 3.6 3.4 2.9 2.8 0.6 0.6 0.7 0.6 0.6
     Other business receivables (2)  32.4 30.3 27.6 23.3 23.0 5.4 5.0 5.6 4.9 4.9

(1) Credit arising from transactions between manufacturers and dealers, also known as floor plan financing.
(2) Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used primarily for business or farm purposes; and wholesale and lease paper for mobile homes, recreation vehicles and travel trailers.
(3) Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator.
(4) Less than 0.1 percent.

Source: Board of Governors of the Federal Reserve System.

 
BUSINESS RECEIVABLES OUTSTANDING AT FINANCE COMPANIES, 2004-2008

($ billions, end of year)

            Percent of total
  2004 2005 2006 2007 2008 2004 2005 2006 2007 2008
Total $550.2 $564.5 $585.2 $602.2 $608.3 100.0% 100.0% 100.0% 100.0% 100.0%
Motor vehicles 84.8 105.5 105.1 105.7 95.1 15.4 18.7 18.0 17.6 15.6
     Retail loans 15.1 15.2 17.1 16.4 12.8 2.7 2.7 2.9 2.7 2.1
     Wholesale loans (1) 44.9 61.2 55.7 56.9 51.3 8.2 10.8 9.5 9.4 8.4
     Leases 24.8 29.0 32.3 32.4 31.0 4.5 5.1 5.5 5.4 5.1
Equipment 273.4 281.9 299.5 328.2 347.0 49.7 49.9 51.2 54.5 57.0
     Loans 87.8 93.6 102.4 111.4 115.9 16.0 16.6 17.5 18.5 19.1
     Leases 185.6 188.3 197.1 216.9 231.1 33.7 33.4 33.7 36.0 38.0
Other business receivables (2) 93.3 91.8 93.5 89.0 97.8 17.0 16.3 16.0 14.8 16.1
Securitized assets (3) 98.6 85.4 87.2 79.3 68.4 17.9 15.1 14.9 13.2 11.2
     Motor vehicles 44.8 28.8 38.0 33.6 27.4 8.1 5.1 6.5 5.6 4.5
          Retail loans 2.2 2.7 3.0 2.6 2.4 0.4 0.5 0.5 0.4 0.4
          Wholesale loans 40.6 26.0 34.9 30.9 25.0 7.4 4.6 6.0 5.1 4.1
          Leases 2.0 0.1 0.1 0.1 0.0 0.4 (4) (4) (4) (4)
     Equipment 23.6 24.4 15.4 13.3 10.7 4.3 4.3 2.6 2.2 1.8
          Loans 11.5 11.6 9.9 9.4 7.1 2.1 2.1 1.7 1.6 1.2
          Leases 12.1 12.8 5.5 3.9 3.6 2.2 2.3 0.9 0.6 0.6
     Other business receivables (2) 30.2 32.2 33.8 32.4 30.3 5.5 5.7 5.8 5.4 5.0

(1) Credit arising from transactions between manufacturers and dealers, also known as floor plan financing.          
(2) Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used primarily for business or farm purposes; and wholesale and lease paper for mobile homes, recreation vehicles and travel trailers. 
(3) Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator.          
(4) Less than 0.1 percent.           
          
Source: Board of Governors of the Federal Reserve System.

 
BUSINESS RECEIVABLES OUTSTANDING AT FINANCE COMPANIES, 2005-2009

($ billions, end of year)

            Percent of total
  2005 2006 2007 2008 2009 2005 2006 2007 2008 2009
Total $564.5 $585.2 $602.2 $608.3 $495.6 100.0% 100.0% 100.0% 100.0% 100.0%
Motor vehicles 105.5 105.1 105.7 95.1 63.4 18.7 18.0 17.6 15.6 12.8
     Retail loans 15.2 17.1 16.4 12.8 10.1 2.7 2.9 2.7 2.1 2.0
     Wholesale loans (1) 61.2 55.7 56.9 51.3 37.0 10.8 9.5 9.4 8.4 7.5
     Leases 29.0 32.3 32.4 31.0 16.3 5.1 5.5 5.4 5.1 3.3
Equipment 281.9 299.5 328.2 347.0 296.9 49.9 51.2 54.5 57.0 59.9
     Loans 93.6 102.4 111.4 115.9 92.2 16.6 17.5 18.5 19.1 18.6
     Leases 188.3 197.1 216.9 231.1 204.7 33.4 33.7 36.0 38.0 41.3
Other business receivables (2) 91.8 93.5 89.0 97.8 88.6 16.3 16.0 14.8 16.1 17.9
Securitized assets (3) 85.4 87.2 79.3 68.4 46.8 15.1 14.9 13.2 11.2 9.4
     Motor vehicles 28.8 38.0 33.6 27.4 12.4 5.1 6.5 5.6 4.5 2.5
          Retail loans 2.7 3.0 2.6 2.4 3.0 0.5 0.5 0.4 0.4 0.6
          Wholesale loans 26.0 34.9 30.9 25.0 9.4 4.6 6.0 5.1 4.1 1.9
          Leases 0.1 0.1 0.1 0.0 0.0 (4) (4) (4) (4) (4)
     Equipment 24.4 15.4 13.3 10.7 6.8 4.3 2.6 2.2 1.8 1.4
          Loans 11.6 9.9 9.4 7.1 3.4 2.1 1.7 1.6 1.2 0.7
          Leases 12.8 5.5 3.9 3.6 3.4 2.3 0.9 0.6 0.6 0.7
     Other business receivables (2) 32.2 33.8 32.4 30.3 27.6 5.7 5.8 5.4 5.0 5.6

(1) Credit arising from transactions between manufacturers and dealers, also known as floor plan financing.
(2) Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used primarily for business or farm purposes; and wholesale and lease paper for mobile homes, recreation vehicles and travel trailers.
(3) Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator.
(4) Less than 0.1 percent.

Source: Board of Governors of the Federal Reserve System.

 
BUSINESS RECEIVABLES OUTSTANDING AT FINANCE COMPANIES, 2006-2010

($ billions, end of year)

            Percent of total
  2006 2007 2008 2009 2010 2006 2007 2008 2009 2010
Total $585.2 $602.2 $608.3 $495.6 $474.3 100.0% 100.0% 100.0% 100.0% 100.0%
Motor vehicles 105.1 105.7 95.1 63.4 68.1 18.0 17.6 15.6 12.8 14.4
     Retail loans 17.1 16.4 12.8 10.1 9.3 2.9 2.7 2.1 2.0 2.0
     Wholesale loans (1) 55.7 56.9 51.3 37.0 43.3 9.5 9.4 8.4 7.5 9.1
     Leases 32.3 32.4 31.0 16.3 15.4 5.5 5.4 5.1 3.3 3.2
Equipment 299.5 328.2 347.0 296.9 307.1 51.2 54.5 57.0 59.9 64.7
     Loans 102.4 111.4 115.9 92.2 113.1 17.5 18.5 19.1 18.6 23.8
     Leases 197.1 216.9 231.1 204.7 194.0 33.7 36.0 38.0 41.3 40.9
Other business receivables (2) 93.5 89.0 97.8 88.6 65.9 16.0 14.8 16.1 17.9 13.9
Securitized assets (3) 87.2 79.3 68.4 46.8 33.2 14.9 13.2 11.2 9.4 7.0
     Motor vehicles 38.0 33.6 27.4 12.4 5.9 6.5 5.6 4.5 2.5 1.2
          Retail loans 3.0 2.6 2.4 3.0 2.1 0.5 0.4 0.4 0.6 0.4
          Wholesale loans 34.9 30.9 25.0 9.4 3.8 6.0 5.1 4.1 1.9 0.8
          Leases 0.1 0.1 0.0 0.0 0.0 (4) (4) (4) (4) (4)
     Equipment 15.4 13.3 10.7 6.8 4.0 2.6 2.2 1.8 1.4 0.8
          Loans 9.9 9.4 7.1 3.4 1.1 1.7 1.6 1.2 0.7 0.2
          Leases 5.5 3.9 3.6 3.4 2.9 0.9 0.6 0.6 0.7 0.6
     Other business receivables (2) 33.8 32.4 30.3 27.6 23.3 5.8 5.4 5.0 5.6 4.9

(1) Credit arising from transactions between manufacturers and dealers, also known as floor plan financing.
(2) Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used primarily for business or farm purposes; and wholesale and lease paper for mobile homes, recreation vehicles and travel trailers.
(3) Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator.
(4) Less than 0.1 percent.

Source: Board of Governors of the Federal Reserve System.