Working Capital Solutions For Often Overlooked Smaller Businesses

March 27, 2013 - PRLog -- Working Capital Solutions is a locally owned business financier based in Auckland, New Zealand. They are a specialist invoice financier offering the full suite of invoice finance products from the purchase of single invoices to large undisclosed invoice fiancé facilities. Their management team have had considerable experience in this area and are dedicated to the continual supply of their professional and dynamic invoice finance products in the support of New Zealand companies. They have developed cutting edge invoice finance software and platforms which are currently unmatched in New Zealand and their systems allow them to effectively manage their clients’ needs, creating transparency through their electronic reporting regime and online client interface.

As Joanna Wilson of The Ultimate Recruitment Company says, “The relationship with Working Capital makes my life easier – it is as simple as that! They are always quick to respond to my needs and give me a high level of confidence that Ultimate’s business is in good hands. Edward and his team genuinely care about their clients and I have appreciated their willingness to tailor their approach to accommodate the specific needs of our business”.

This testimonial is backed up by Kimberley Hill from Kimberley Hill Management, “Working Capital Solutions have become a key partner to Kimberley Hill Management. We operate in an industry with little financial certainty and prolonged payment terms sometimes exceeding 90+ days. Factoring with Working Capital Solutions has provided cash flow liquidity which has enabled us to pay our valued Models and Talent in faster succession than most others. Edward and the team have been a pleasure to work with and I would gladly recommend their services”

It is a little known fact that 90% of New Zealand businesses turn over less than one million dollars and employ fewer than five people. These businesses are generally overlooked by traditional finance companies and banks. Working Capital Solutions specialises in small businesses, have realistic expectations and make the finance process a simple one for the small business. Although invoice finance has only recently become popular in New Zealand, it is the oldest and most prevalent form of business funding used throughout the world. With invoice finance, debtors on a company’s balance sheet are converted to cash and paid to the company in the form of a flexible overdraft. The overdraft is repaid by the debtors of the company and new funds are re-drawn as new invoices are produced.

For more information on Working Capital Solutions, visit their website at http://www.workingcapital.co.nz