Related Featured Franchises
Business Finance through the Financial Service Providers NZ
Financial Service Providers NZ provides assistance to people who need to finance a business or needing money to fund their business requirements. The finance brokers firm provides a list of details required by the bank: type of business that is regarding the business trading history, previous three years statement of financial performance statement along the latest months trading since the balance date.
The banks also require the price of the land and buildings, plant and equipment, fixtures and fittings, vehicles and goodwill. Amount required to be borrowed, details on the cash or equity or security, business acumen (CVs of the client and the directors) and the completed business application also feature as requirements listed by the financial advice provider.
Business finance is a very complex field and brokers need to put in hard work and sometimes do so without any reward. No initial fee is required; however, Financial Service Providers NZ charges one per cent of the amount, only when the loan is taken. The finance brokers provider anticipates adding value in areas such as: business structures and impact of taxation on the clients, their business and their trusts or entities.
Financial Service Providers NZ also identifies the business risks and provides the appropriate advice to protect the business that is through debt insurance. Services such as up gradation of business plans along with the provision of SMART goals, and monitoring of cash flow and comparison with the forecast are provided by the financial advice provider.02.04.2007