Business Services Industry
Going with the (cash) flow.
Australasian Business Intelligence, August, 2005
Byline: Mark Peart
Aug 25, 2005 (NZBusiness - ABIX via COMTEX) -- New Zealand small and medium-sized businesses are slowly beginning to embrace the idea of debt factoring. This is according to Dave Cooper, the New Zealand manager of Scottish Pacific, one of the main providers of debt factoring services in New Zealand. Debt
factoring is seen as ideal for small businesses that provide trade credit and which are struggling with tight cashflows.
Cooper has been with Scottish Pacific for 12 years, during which time its staff numbers have increased from five to 28. He says it adopts a conservative approach to taking on
new clients, as it is always alert...
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