Author Archives: Lee Boddington

The New Zealand economy is beginning to see a glimmer of hope as inflation and interest rates ease. The Reserve Bank of New Zealand (RBNZ) recently cut the Official Cash Rate (OCR) by 25 basis points to 5.25%, marking the first reduction since March 2020. This move signals a shift in monetary policy, with further […]

“Survive until 25” is a phrase being used more and more as we navigate the tough trading conditions of 2024. But what does it mean and what concrete steps can you take to give you and your business the best chance of surviving – and thriving – in tough economic conditions. The answer is liquidity […]

Financial flexibility is essential in today’s fast-paced business environment. Whether you’re looking to stabilise your cash flow, invest in new opportunities, or manage seasonal fluctuations, having the right financial tools at your disposal can make all the difference. At Crediflex, we offer a range of financing options designed to meet the diverse needs of New […]

Running a successful business requires more than just a great product or service; it demands a keen understanding of your financial health. Just like personal fitness, financial fitness for your business involves regular monitoring and assessment of key metrics to ensure sustained growth and stability. Here are five essential financial metrics every business owner should […]

In the bustling world of business, every decision carries weight. From strategic investments to client interactions, each action shapes the trajectory of your enterprise. But amidst the myriad of considerations, there’s one aspect that often flies under the radar: your credit history. At CrediFlex, we understand the pivotal role that credit plays in the success […]

Securing financing is a pivotal step for business growth and success. At CrediFlex, we prioritise a smooth application process, and proper documentation is key to ensure this. This month, we’re guiding you through the essential documentation required for your application: 1. Financial Statements: Most recent annual financial statements (income statements and balance sheets), along with […]

Navigating the world of asset finance can be a daunting task, filled with technical jargon. To simplify this journey, team up with CrediFlex, a leader in providing bespoke financing solutions, to bring you answers to the frequently asked questions about asset finance. 1. What Is Asset Finance? Asset finance is a financing solution that allows […]

In the dynamic world of business, the ability to strategically acquire essential assets can be the key differentiator between growth and stagnation, success and mere survival. At CrediFlex, we are acutely aware of the critical role asset finance plays in this context. Understanding the nuances of asset finance can be daunting, and that’s precisely why […]

Is your business equipped to thrive in 2024? As the new year approaches, strategic planning becomes paramount. CrediFlex, your trusted business partner, ensures you are ready for success. Assessing Your Business Needs: The new year and new government bring the promise of new opportunities along with potential new challenges. One key aspect to consider is […]

In the world of financial management, the decision to restructure or refinance can be a pivotal moment for many businesses. This decision can provide a much-needed capital injection for working capital or align financial commitments with future business cash flow. At CrediFlex, we understand the significance of this choice, especially when it comes to existing […]

In the world of finance, we often hear about the importance of securing low interest rates. And while it’s true that lower rates can save you money in the long run, there’s a critical aspect that often takes a back seat in these discussions – the structure of your financing.  Here at CrediFlex, we believe […]

In the ever-evolving landscape of business, the pursuit of success is an ongoing journey. As entrepreneurs, we navigate challenges and opportunities with strategic planning and action, striving for success and growth. One powerful tool that often remains underutilised in this journey is the business performance review. In this blog, we will explore the significance of […]

Kia ora! At CrediFlex, we know that understanding the nuances of business ownership and economic shifts in Aotearoa is pivotal to your business journey. Our purpose is to offer guidance amidst fluctuating economic conditions, leveraging our knowledge of market trends and tailored financial solutions. This month, we’re examining the current economic slowdown and how your […]

When it comes to financing your business or securing funds for personal needs, it’s essential to explore all available options. In New Zealand, there are two primary types of lenders: non-bank lenders and bank lenders. In this blog post, we’ll dive into the definitions of each and shed light on their unique characteristics, empowering you […]

As a business owner, navigating the world of finance can be a daunting task. Whether you’re looking to manage cash flow, secure funding, or finance a new asset, having a trusted advisor by your side can make all the difference. At CrediFlex, we understand the challenges and aspirations that come with running a business. Our […]

Applying for finance can be stressful, even at the best of times. If the loan is to help get you through a difficult trading period, the stress can be even greater! But there’s a lot you can do to make the process not only easier for you, but also more likely to achieve your desired […]

Having a good credit history is key to more than just accessing finance like mortgages, car loans or credit cards. It’s what many providers consider when they supply goods or services with deferred payment. Even renting a home or getting a job can be out of reach for those with black marks on their credit […]

When Cyclone Gabrielle rained havoc in New Zealand from the 12th to the 14th of February this year most of us were unprepared. We heard the MetService warnings, and we made provisions for possible disruption. But the reality of that event proved to be far more destructive than most of us had perceived possible. Now […]

Efficiency vs expense – how does your equipment stack up? When costs are starting to outweigh benefits, it’s time to upgrade your agricultural machinery.

Deposits, repayments, qualifying criteria – all terms you need to know when researching truck finance. Understanding all factors of lending will…

Are you actively managing your business’s working capital? It’s a vital component if you’re wanting to grow your business.