New Zealand Factoring Company Ltd was successfully launched during the last couple of weeks at the NZ Collision Repair Association’s Roadshows.
After initial visits to New Zealand during 2018 by Rael Ross, fellow director Walter Rapoport presented to over 200 repairers at the Roadshows in Auckland, Wellington, Christchurch, and Hamilton.
New Zealand’s smash repair industry had not had the benefit of single invoice factoring that Australian shops have been used to for many years. The extremely competitive sector in New Zealand will allow those innovative shops the scope for further growth with the new option of a reliable and dependant cash flow offered by NZFC.
Furthermore, New Zealand Factoring Company will also be offering factoring of commercial invoices – an extremely strong growth area for the stable of panel shops already factoring with Australian Factoring Company.