Cash flow solutions
Innovative ways to finance your cash flow needs.
Cash is the life blood of any business. It’s the money you depend on to bridge the gap between paying suppliers and receiving payments from your customers.
Our cash flow solutions include simple overdrafts to cover brief cash flow shortages and a pre-approved line of credit for ongoing borrowing. We have innovative facilities that can help you release cash that’s tied up in credit sales invoices and inventory.
Overdrafts
A revolving credit facility attached to your transaction or cheque account for extra financial flexibility.
- Only pay interest on the debit balance
- Make lump sum repayments anytime without penalty
- No fixed term
Business Advantage Line of Credit
A convenient addition to your business transaction account providing flexibility as it allows you to determine when and where you want to access or repay funds.
- No minimum deposit or withdrawal amount
- No penatly fee with lump sum repayments
- Access your Line of Credit account any time
Committed Cash Advance Facility
Cash flow management is easy with this flexible facility that let’s you draw down term loans, up to your agreed limit, whenever it suits your business cash flow. It’s business lending finance that puts you in control.
- Take out loans for fixed periods
- A flexible facility that lets you draw down each loan at a fixed interest rate
- Interest payments every 90 days for each loan
Stock Finance
Combined with debtor finance, stock finance provided revolving credit that’s always on hand to top up your cash flow.
- Fund up to 70% of the cost-price of stock on hand
- The stock itself is used as security
- An excellent alternative to financing stock on an overdraft
Invoice Finance
A source of funding that maximises your cash flow by funding up to 80% of the value of your credit sales invoices.
- Fund up to 80% of the value of your BNZ approved invoices
- Can negate the need for a client to offer costly prompt-payment discounts to its customers
- Invoice Finance is confidential cash flow solution
Things to be considered?
To manage your cash you need to forecast how much will flow in and out of your business, and when. A cash flow forecast document is essential if you want to approach lenders for loan.
