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General Finance experiencing good growth

General Finance is seeing growth in its business as investors chase good yields.

Thursday, July 2nd, 2:56PM

“The year to March 2015 was a good year for General Finance”, director James Lockie said. The company was issued with a Non-bank Deposit Takers licence by the Reserve Bank in February 2015. Its deposit base grew by 20%, over the last year, and its lending business has expanded.

"Profitability also strengthened on the back of increased lending.”

General Finance reported the following audited result:

  •  Pre-tax profit from operating activities increased to $432,586, up 52% from $284,211...MORE»

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