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Demand rising for bank finance alternatives as credit tightens

Finance Markets / Latest Activity

Australia

Oct 21 2017

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Joe Morello, The Sydney Morning Herald

The first three months of the 2017-18 financial year has seen unprecedented demand from commercial and residential property developers seeking short-term finance.

Much of the demand is coming from developers and purchasers facing onerous loan conditions from the major banks, forcing them to look for alternative finance solutions.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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