A rebound in the level of business lending may extend into the new year, in light of warm measures on recent and projected demand from the ABS and Veda yesterday.The Australian Bureau of Statistics yesterday said the value of commercial finance commitments increased 14.8 per cent, on a seasonally adjusted basis, over the month of November, to A$48.5 billion. Business lending was in the doldrums in mid 2016, on the ABS measure, but lending has picked up each month since June and the November monthly flow is a record.Another monitor yesterday reported signs this trend may continue. Veda, in its quarterly Business Credit Demand Index, put "growth in business loan applications at 5.7 per cent more than in the December 2015 quarter.Neil Shilbury, Veda's general manager for commercial and property products, said a surge in investment and housing loans across 2016 was a potent factor."That's the real key driver to business activity," he said, though some domestic overflow of the Trump buzz from US markets in November may also be a factor.