Factoring 'becoming mainstream' in NZ
The practice of selling invoices for a cash advance is gaining prominence as banks remain cautious about lending.
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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