Modern
Solutions
Pre-approved credit lines are useful if you are a business that regularly
purchases items of plant and equipment or motor vehicles. They take away the
need for a credit application each time you buy something. One limit is approved
which covers your estimated needs for the next year, and this is renewed each
year and increased as the business grows.
Often, the lender will agree to pre-approved parameters for deposit and terms
for the various types of assets you might intend buying – that way you
know where you stand throughout the year. It effectively turns you into a
cash buyer.
CrediFlex will arrange approval and ongoing maintenance of the facility with
one or more lenders as appropriate, ensuring you are always prepared for that
next purchase.
Email us at talktocrediflex@crediflex.co.nz
or call us on 09 445 0002 to find out more.
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