Increase in borrowing levels reflect return of confidence

The firm said that a 40 per cent rise in loans it handed out in the first quarter of 2014 compared to the same period in 2013 was a clear signal that Islanders had renewed confidence in the future.

The company has reported increased lending across all business sectors compared to the last few years.

Future Finance director Denny Lane said: ‘Week in, week out I see a great number of local businesses, and it’s refreshing to see such positivity returning. We’re not out of the woods yet, but many lessons have been learned over past years.

‘The fittest have survived and are now ready to look forward.’

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