New Zealand is known for its innovation and originality in business, and it is also well known that 90% of New Zealand businesses turn over less than one million dollars and employ fewer than five people. Unfortunately, what is not so well known is that these small businesses are generally overlooked by traditional finance companies and banks. The good news is that there is a company specialising in small businesses and debtor finance. Working Capital Solutions is a locally owned business financier based in Auckland. They are a specialist invoice financier offering the full suite of invoice finance products from the purchase of single invoices to large undisclosed invoice finance facilities.
The management team at Working Capital Solutions believe in New Zealand companies and have had considerable experience in the area of debtor finance. They are dedicated to the continual supply of their professional and dynamic invoice finance products in the support of New Zealand companies. They have developed cutting edge invoice finance software and platforms which are currently unmatched in New Zealand. Their systems allow them to effectively manage their clients’ needs, creating transparency through their electronic reporting regime and online client interface.
The team at Working Capital Solutions have realistic expectations and realise they need to keep the finance process a simple one for small businesses. They focus on invoices and stress that a company does not need to own property for them to be able to access finance. If all information is available, Working Capital Solutions can usually provide funding within 48 hours of receiving the application and as they are privately owned and managed they can provide realistic solutions without the usual red tape.
At Working Capital Solutions they are justifiably proud of the service they provide and their core business is assisting small enterprise with its funding requirements. Kimberley Hill Management is a good example of the type of client they are assisting. As Kimberley says, “Working Capital Solutions have become a key partner to Kimberley Hill Management. We operate in an industry with little financial certainty and prolonged payment terms sometimes exceeding 90 plus days. Factoring with Working Capital Solutions has provided cash flow liquidity which has enabled us to pay our valued Models and Talent in faster succession than most others. Edward and the team have been a pleasure to work with and I would gladly recommend their services.”
For more information on Working Capital Solutions and the services they offer, please go to their website at http://www.workingcapitalsolutions.co.nz.