The Arthur D. Little report estimates that the number of leasing providers in Europe will decrease by up to 30% in the next five years due to slowing investment, reduced liquidity, cost of funds issues, and a turbulent market environment. However, the degree to which leasing providers have penetrated the European market has risen steadily, with leasing representing over 20% of European asset investment by 2007. Despite the impact of the credit crunch on the leasing industry, overall leasing remains an attractive way of financing.