Frequently Asked Questions
Q. How do we best describe our business and operations?
A.
We provide cash to businesses of all type and size. Our people have the skills and experience to help any business achieve its goals. Companies seeking growth and development are often strapped for cash, we provide solutions to these problems.
Q. What is our product or service?
A. We provide invoice finance via a range of tools including factoring and discounting. We are able to buy invoices from clients paying up to 90% immediately with the balance, less our fees, payable once the debtor makes payment.
Q. What businesses use our services?
A. Our solutions are beneficial for all businesses who provide credit to their customers. Size of business or level of turnover is not a limitation.
Q. What are our fees?
A. Our fees typically run from 2.5% - 9.5% depending on how long it takes for the debtor to pay and the level of service required.
Q. Who is behind the company?
A. We are a family owned business. Terry and Trish Haydon started the business in 1989 and today, supported by a team of 10, provide services to businesses throughout New Zealand.
Q. Who are our competitors?
A. Traditionally the provision of working capital finance has been dominated by the large trading banks who often do not have the flexibility to respond quickly to the needs of a growing business.
Q. What is our competitive advantage?
A. We offer prompt response. The money will be with you within 24 hours. Generally we do not require property as security. Our fees are competitive. No deal is too small or too big for us.