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Lock Finance has decided to focus on its core business of factoring and transactional funding and has sold certain loans forming part of its non-core assets to Pacific Dawn Limited, a New Zealand subsidiary of Nomura, a financial services group...
New Zealand's business-to-business payment times fell to a 10-year low in the September quarter of 2012, according to credit checking…
The New Zealand Export Credit Office (NZECO) is set to make changes to widen the scope and accessibility of its…
Finance brokers are failing to capitalise on recent growth in the receivables finance market, according to the Institute of Factors…
#bank#financial services#interest rates
Bibby Financial Services has officially expanded into New Zealand this week, opening its first office in Auckland. (more…)
#bank#financial services#invoice
Simon Thompson, CEO of Lock Finance, provides an overview of the New Zealand factoring market, covering industry environment, market performance, supply and future trends,…
#bank#invoice#purchase order
Commercial Factors Finance establishes factoring divisions in all branches of its parent company - Commercial Leasing Company Ltd. (more…)
Bank of New Zealand introduces a home-built banking solution that accelerates business cash flow has been introduced to New Zealand.…
#bank#cash-flow#invoice
Insolvency experts predict an increase in SMEs going bankrupt in April-May as a result of the September 4, 2010 earthquake…
HSBC has continued its shake up of Asia Pacific staff with the appointment of Gary Cross to head of trade…
The latest figures released by the Institute of Factors and Discounters (IFD) reveal total factoring and discounting turnover for the…
Husband and wife fraudsters Ross and Wendy Davidson were jailed for a combined total of eight years four months for…
Bank of Queensland (BOQ) has announced that it has completed the purchase of CIT Group Australia Limited and CIT Group…
#ANZ#bank#CIT