News

Recent research carried out by Kiwibank estimated that New Zealand's small businesses are owed $2.5 billion in unpaid invoices. There are over 450,000 businesses that fall into this category.

The delay in collecting unpaid invoices places many of these businesses under cash flow pressures, making it tough to stay in business.

The continued success of the small business sector is crucial to the NZ Economy, because it employs 30% of the NZ workforce and is 40% of the overall NZ economy.

If any of your clients are experiencing cash flow problems and unable to obtain additional financing from the traditional sources (i.e. their bank) then Interface may be able to help them. Interface can turn one or several of the unpaid invoices into immediate cash by purchasing them from your client. This enables the client to receive cash upfront for goods and services sold on credit terms that would normally take between 30 to 45 days for them to receive payment and to make those important creditor payments on time.