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Lender reports 400% growth in SME applications

Lender reports 400% growth in SME applications

A lender that specialises in asset and equipment finance has attributed its massive growth in SME loan applications to the federal government’s recently introduced tax relief incentive.
NLG Leasing’s recent analysis of its loan portfolio revealed a 400 per cent increase in loan applications to SMEs for the 12 months to October 2015.