Business Credit Demand Reaches Three-Year Peak

Business Credit Demand Reaches Three-Year Peak

Business credit demand in Australia has surged to a three-year high, according to Equifax’s latest Business Market Pulse report for the December quarter. The report indicates a 2.3 per cent year-on-year increase in overall business credit demand, primarily fuelled by larger companies. Some sectors, such as hospitality, experienced growth as high as 20 per cent. Equifax is a global data, analytics, and technology company. It provides insights tha…

Business credit quality soars but recovery remains split by business size

Business credit scores just hit a three-year high, but don't celebrate yet. Equifax's latest data shows a tale of two recoveries across Australian enterprises.