Harmoney secures more funding to grow flat NZ book
While its Australian business is booming, tighter consumer credit rules have affected local lending.
Harmoney's new customer originations are up more than 200% in Australia.
Finance company Harmoney has secured another $215 million in bank funding, which it said would allow it to further grow its New Zealand loan book.
The Auckland-based consumer financier announced in April that its total lending had grown to $627m, up 29% on the same time last year.
However, while its
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