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Back on its pre-pandemic path, WA’s economic trajectory is leading the way across the nation as SMEs in this State look to invest and grow.

Despite this optimism, many SMEs in WA remain unable to secure the funding they need for growth. Of all states across Australia, WA has the lowest rate of successful lending applications, yet is the most bullish on future borrowing intentions, with almost two in three businesses seeking new lending or refinancing.

ADENCO was one of the businesses caught in this cycle. A dynamic and growing company in the Water Management & Civil Engineering Industry in Western Australia, ADENCO provide dewater services, piping and infrastructure construction for key assets to WA mining companies across various commodities.

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