Factoring 'becoming mainstream' in NZ
The practice of selling invoices for a cash advance is gaining prominence as banks remain cautious about lending.
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More New Zealand businesses are using factoring services to free up cash flow as banks remain cautious about lending.
Australia's factoring sector has just posted a record turnover for the March quarter of $A1.26 billion - 31.4% more than the March 2011 quarter.
Factoring services allow
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Caleb Allison
Tue, 05 Jun 2012
Tue, 05 Jun 2012
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Factoring 'becoming mainstream' in NZ
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