Invoice Finance

With Invoice Finance, any day could be like the 20th.

  • Online access to funds from the moment you invoice3
  • Confidential – you maintain control of your debtor relationships
  • Your invoices form the security, your property is not required
  • Grow your business when you want to without worrying about your cash flow

See how Invoice Finance can help your business

See how it works

Invoice Finance

What our customers say

International Payments customers say

More detail

Funding equivalent to 80% of your unpaid invoices

Invoice Finance1 lets you access up to 80% of the face value of your BNZ approved invoices, immediately through Internet Banking for Business2.

Access funds anywhere, anytime3

Available online through Internet Banking for Business, means you can access funds immediately and from anywhere in the world so you don’t have to be in the office.

Increase cash flow by eliminating prompt-payment discounts

Because Invoice Finance ensures you’ll have the funds you need to buy stock or pay suppliers, there’s less need to offer prompt-payment discounts to your customers. Your bottom line will feel the benefit.

Confidential

Although Invoice Finance effectively means that BNZ is buying your unpaid invoices, your customers don’t need to know. Your facility is confidential so you’ll maintain control of the debtor relationship at all times.

Your invoices form the security

Because we use your invoices as the security for your facility, there’s no need to rely on traditional forms of security such as the family home.

Make the most of discounts from suppliers

By accessing funds through Invoice Finance you’ll have cash available immediately to take advantage of bulk-buy discounts or negotiate early settlement discounts from your suppliers.

Fund acquisition or management buy-out

Leverage your unpaid invoices to provide a lump sum of cash – great to fund acquisition, expansion or effect a management buy-in or buy-out.

Trans Tasman – NZ dollar export sales

In addition to domestic sales, we can even fund invoices for goods sold into Australia – all in one facility. Goods must be sold in New Zealand dollars.

Minimum requirements

To use Invoice Finance, your annual credit sales need to be in excess of $2,000,000 p.a. The minimum finance amount is $200,000.

Don’t quite meet our criteria?

If proof of delivery is difficult or your business doesn’t quite reach $2,000,000 credit sales annually, we have another facility that could be right for you. Try Disclosed Invoice Finance1. It’s similar to Invoice Finance and you only need annual credit sales of $1,000,000 p.a.4

Your debtor relationships remain in your control and BNZ only need to contact your customers to verify invoices as part of our security against the funds. This makes Disclosed Invoice Finance an excellent alternative to full-service factoring.

Need some help?

Enquire onlineFind a business specialist 0800 227 429

Legals

  1. Subject to the terms and conditions of the Facility Agreement. Lending criteria, establishment and purchasing fees apply.
  2. Internet Banking for Business terms and conditions apply.
  3. Maintenance is required from time to time.
  4. Minimum Disclosed Invoice Finance facility amount is $100,000.

The information and recommendations on bnz.co.nz are provided for general information purposes only. To the extent that any such information or recommendations constitute financial advice, they do not take into account any person’s particular financial situation or goals. We recommend that you seek advice specific to your circumstances from your financial adviser.