The Media Clearing House
As a start up business we found traditional finance avenues difficult, the banks wanted everything yet could provide very little. Cashfactor offered a funding solution that would grow as we did and they weren’t interested in my personal assets. The service is quick and professional and most of all flexible, we are able to focus on sales knowing the cash is flowing. Happy to recommend.
Tony Clark
Managing Director
ERP group Limited (Recyclers)
We have used Cashfactor and the Fifo process every month over a 12 month period for single invoice discounting. We chose to do this as we were a new company and wanted to fund our growth via cash flow rather than tying up shareholders funds. We found the process simple and flexible and we could choose when we sold invoices and how many each month. We are now in a position where we will only need to sell invoices occasionally and Cashfactor have give us that flexibility and enabled us to get to this point.
Michael Corcoran
General Manger
Piefection Foods Limited
We decided to use factoring to give us the cash flow to allow us to focus more time on growing sales rather than chasing payments. The nature of my business is that we manufacture products and although some of our customers buy from us daily, they only pay us monthly. Now we get payments each week so we can get on with the next orders. We find the system flexible and can rely on the money being in our account each week.
Managing Director
Ollie Hazan
CTL Refrigerated Limited
My transport business experienced rapid growth and we needed funds to take on more plant to meet demand for our service. We sold invoices to Cashfactor (Fifo) each month over a 2 year period. We were able to choose the timing of the sales and it was great to receive conformation texts from Geoff to let us know the funds were transferred. The cash flow benefit to the company was substantial and we expanded further taking on more work across the South Island. We ultimately built the business up to a point where we sold it at a price reflecting the growth we had achieved through having good cash flow.
Grant Collins
Former Director/Owner
Flight Experience/Pacific Simulators
I just wanted to say how much we appreciate the help of both the Export Credit Office and Cashfactor in getting us through a very challenging time here at Flight Experience/Pacific Simulators.
Many of our team worked right through last night. Our two simulators were loaded by around 7:30am and are now on their way to Flight Sim Engineering in the US.
We very much appreciate your help and hope this deal will lead to many more.
Best regards
Bill
