Business credit growth steady, with underlying growth in business lending proposals
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Business Credit Demand Index by Equifax (December 2017 Quarter)
- Overall business credit applications rose +0.9% (vs December quarter 2016)
- Growth in business loan applications rose +2.4% (vs December quarter 2016)
- Trade credit applications decreased slightly -1.0% (vs December quarter 2016)
- Growth in asset finance applications was flat +0.7% (vs December quarter 2016)
