Business technology supplier CSG Group has maintained a high rate of growth in its finance division, reporting a 24 per cent increase in lease receivables for the year to June. CSG Finance Solutions is well established in New Zealand and has been operating in Australia since 2013.Lease and rental receivables grew from A$210 million in 2014/15 to $260.8 million in the year to June.The company said it converted 95 per cent of customers to a finance product during the year.The return on equity for the finance division was 44 per cent. Bad debts represented 0.5 per cent of the receivables book.Its main customer groups are in education, business services, construction and real estate, manufacturing and community services.The group reported net profit of $18.2 million - an increase of 26.8 per cent over the previous corresponding period.Finance Solutions contributed $8.7 million of pre-tax profit to the group result - up from $7.6 million in 2014/15.