Veda released on February 23, 2012 the results of the October to December 2011 Business Credit Demand Index, which confirmed a strong recovery in the rate of credit applications by businesses since 2010.  

Business credit enquiries into the Veda bureau across business loans, asset finance and trade credit increased 7.3% year-on-year and 3.6% for the full calendar year in 2011.  Trade credit demand also saw a surge for the December quarter, up 7% versus the same period in 2010, but showing overall flatter growth levels of 0.7% for the full calendar year.

Source: Veda Australia  To read the full story click on the link