US EditionNew data reveals why Kiwi SMEs are borrowing
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New data reveals why Kiwi SMEs are borrowing
New data shows that New Zealand’s small businesses are increasingly turning to lending to manage cashflow and fund expansion, with Auckland, Canterbury, and Waikato leading the demand for finance. Figures released today by Prospa New Zealand reveal that Auckland topped the regions with 3,077 funding applications, followed by Canterbury with 787 and Waikato with 680. The industries most actively seeking finance were Building and Trade, Profession…
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