Hong Leong Finance (HLF) has seen a surge in COVID-19 approved loan relief applications, reporting that it has approved applications from 500 customers, comprising 300 from local businesses and 200 from retail customers.

HLF expects to see a further increase following the latest announcement by the Monetary Authority of Singapore to ease cash flow concerns of individuals, which includes vehicle and commercial property loans. As a committed financier, HLF is supportive of the second relief package for individuals.

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