Competitive Motor Trade Factors Limited
Competitive Factors is a trusted New Zealand owned business that has grown by helping New Zealand business improve their cash flow needed for growth without the need to for business owners to pledge their personal assets as security
Competitive Factors is customer-focused providing factoring services:
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Assignment of a specific invoice or outright sale of accounts receivable; |
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Accounts Receivable management information reporting and delivery; |
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Complete back-office Accounts Receivable support. |
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Customer account status and aging |
Competitive Factors links Factoring Invoices intrinsic to profitability.
Competitive Factors performs administration functions that are essential to the business owners operation, but they are not the basic areas from which the business creates profit.
For competitive a business the growth and profitability are determined primarily by the effectiveness of generating new business sales.
By placing single debtor, selected invoices or overdue accounts from customers accounts receivable in the hands of the factor the business owner functions which are not intrinsic to profitability can be undertaken with greater skill and efficiency by the factor, the business owner is free to concentrate business talents on the task of strengthening the areas where profits are earned.
While historically factors companies are primarily focused in the traditional factoring industries like garment, apparel, furniture, carpet, textiles; the demand for factoring has now expanded into the service industries like staffing, transportation, food processing, motor vehicle repair panel and paint.
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