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Tailored solutions

Fifo CapitalInvoice Finance, Cashflow Solutions and Business Loans

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Crediflex specialises in Commercial Finance Brokerage and works closely with clients of varying sizes: providing solutions for all their finance needs. They have been operating for over 10 years and have been working with Fifo Capital for a while now. But Stuart Aitken, a Crediflex Partner since August 2011, has just recently started working with Fifo Capital. And it has definitely been the beginning of a beautiful relationship. Stuart tells us how it began.

“In this instance we had a real need to arrange finance quickly for a client. We found out at a late stage in an order that the supplier wouldn’t accept a letter of credit. We needed to get the money very quickly: it just had to be done. And it got done. Fifo Capital made it happen.

This client is a start up business but they had a considerable history in the industry, so as far as Fifo Capital were concerned they didn’t have an issue with doing it. I just had to confirm we had funding in place here. There was some paperwork to sort out and some conditions to meet but we sorted all of that. I expect Fifo Capital will be doing more work for that client yet. It was the first time I had to deal with them and they were good: at a drop of a hat I would use them again.”

Stuart is so sure he would use them again he even has a couple more clients that he has already identified as likely to benefit from the Fifo Capital products. So what does Fifo Capital do that is different from the rest?

“My experience of working with Fifo Capital has been brilliant. It’s a great product for dealing with tight timeframe issues and clients who don’t want a long-term finance facility. And for people who want to bring gear in from overseas and have to pay for it upfront. The mere fact of the turnaround sets Fifo Capital apart. I feel confident that they will deliver fast and work well for my clients.”

With fast turnarounds, good service and a product that meets the needs of some very important clients: its certain that the future looks bright for Fifo Capital and Crediflex.

Supporting your clients

We help your clients in two equally important ways: (1) Through the fast (24 to 48 hour) delivery of required funds; and (2) By leading every transaction with one-on-one expert consultancy.

Fast, flexible product range

Designed for speed of response and flexibility, and supported by a comprehensive understanding of the security challenges businesses encounter throughout various stages of development and maturity, our finance solutions are designed for finance needs between one and 12 months.

Invoice Finance
Suitable for clients requiring assistance for ad hoc cash flow challenges that demand fulfilment within 24 to 48 hours. No fixed term contracts; secured by the value of the invoice/s; and for finance periods between one and three months. Click here for our Invoice Finance Solution Guide.

Business Loans
Suitable for clients who have a growth or operational need that requires a capital boost for a period of three to 12 months. Typically, a client has reached their traditional security limit with their bank and is seeking alternative options. Through analysis of business-performance, we identify a complement of security that appropriately services the finance required. Click here for our Business Loan Product Guide.

Payment Plans
Suitable for clients who either provide large one-off services or products to clients, or who want to attract new clients through cash-flow-friendly payment options. Fifo Capital payments plans enable a client to offer their customers a payment schedule for between three and 12 months.

We also provide:

Foreign Exchange
Fifo Capital partners with leading international payments specialists HiFX to provide clients with a simple, secure way to send and receive international payments at preferential foreign exchange rates. Services include: Exchange Contracts; Spot and Forward; Multi-Currency Accounts; Market Orders and Currency Options. Click here to find out more.

Expert consultancy

With over 10 years supporting businesses, we know the value of expert, one-on-one consultancy. While new technology has spurred the advent of finance-online, we’re committed to pairing clients with a finance expert. Of course, we’ve embraced technology to hasten our processes and response times, and to continually enhance the experience for our clients. But the complexities of business finance, do and will continue to, require one-on-one interaction with an expert to achieve the best result, specific to the client’s needs. The value is in the results.

Privacy Policy

Fifo Capital International Ltd a company registered in New Zealand under company number 3856796 (“We”) are committed to protecting and respecting your privacy.

This policy (together with our terms of use (www.neromotion.com/fifonz/terms-and-conditions/) and any other documents referred to on it) sets out the basis on which any personal data we collect from you, or that you provide to us, will be processed by us. Please read the following carefully to understand our views and practices regarding your personal data and how we will treat it. By visiting www.neromotion.com/fifonz you are accepting and consenting to the practices described in this policy.

For the purpose of the Data Protection Act 1998 (the Act), the data controller is Fifo Capital International Ltd of 41 Bath Street, Parnell, Auckland 1052, New Zealand.

Our nominated representative for the purpose of the Act is Nigel Thomson.

Information we may collect from you
We may collect and process the following data about you.

Information you give us.
You may give us information about you by filling in forms on our site www.neromotion.com/fifonz (our site) or by corresponding with us by phone, e-mail or otherwise. This includes information you provide when you register to use our site, subscribe to our service, enter a competition, promotion or survey and when you report a problem with our site. The information you give us may include your name, address, e-mail address and phone number, financial capacity and your business intentions.

Information we collect about you.
With regard to each of your visits to our site we may automatically collect the following information:

– technical information, including the Internet protocol (IP) address used to connect your computer to the Internet, your login information, browser type and version, time zone setting, browser plug-in types and versions, operating system and platform;
– information about your visit, including the full Uniform Resource Locators (URL) clickstream to, through and from our site (including date and time); services you viewed or searched for; page response times, download errors, length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouse-overs), and methods used to browse away from the page and any phone number used to call our customer service number.
Information we receive from other sources.

We may receive information about you if you use any of the other websites we operate or the other services we provide. In this case we will have informed you when we collected that data that it may be shared internally and combined with data collected on this site. We are also working closely with third parties (including, for example, business partners, sub-contractors in technical, payment and delivery services, advertising networks, analytics providers, search information providers, credit reference agencies and may receive information about you from them.

Cookies
Our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. For detailed information on the cookies we use and the purposes for which we use them see our Cookie policy www.neromotion.com/fifonz/cookie-policy/.

Uses made of the information
We use information held about you in the following ways.

Information you give to us.
We and our franchisees will use this information:

– to carry out our obligations arising from any contracts entered into between you and us and to provide you with the information and services that you request from us;
– to provide you with information about other services we offer that are similar to those that you have already purchased or enquired about;
– to provide you, or permit selected third parties to provide you, with information about goods or services we feel may interest you. If you are an existing customer, we will only contact you by electronic means (e-mail or SMS) with information about services similar to those which were the subject of a previous sale or negotiations of a sale to you. If you are a new customer, and where we permit selected third parties to use your data, we (or they) will contact you by electronic means only if you have consented to this. If you do not want us to use your data in this way, or to pass your details on to third parties for marketing purposes, please tick the relevant box situated on the form on which we collect your data);
– to notify you about changes to our service;
– to ensure that content from our site is presented in the most effective manner for you and for your computer.

Information we collect about you.
We will use this information:

– to administer our site and for internal operations, including troubleshooting, data analysis, testing, research, statistical and survey purposes;
– to improve our site to ensure that content is presented in the most effective manner for you and for your computer;
– to allow you to participate in interactive features of our service, when you choose to do so;
as part of our efforts to keep our site safe and secure;
– to measure or understand the effectiveness of advertising we serve to you and others, and to deliver relevant advertising to you;
– to make suggestions and recommendations to you and other users of our site about services that may interest you or them.

Information we receive from other sources.
We may combine this information with information you give to us and information we collect about you. We and our franchisees may us this information and the combined information for the purposes set out above (depending on the types of information we receive).

Disclosure of your information
We may share your personal information with any member of our group, which means our subsidiaries, our ultimate holding company and its subsidiaries.

We may share your information with selected third parties including:

– Our franchisees and/or our master franchisees.
Business partners, suppliers and sub-contractors for the performance of any contract we or our franchisees or master franchisees enter into with you.
– Advertisers and advertising networks that require the data to select and serve relevant adverts to you and others.
Analytics and search engine providers that assist us in the improvement and optimisation of our site.
– Credit reference agencies for the purpose of assessing your credit score where this is a condition of us entering into a contract with you.

We may disclose your personal information to third parties.
In the event that we, our franchisees or our master franchisees sell or buy any business or assets, in which case we or our franchisees or our master franchisees may disclose your personal data to the prospective seller or buyer of such business or assets.

If Fifo Capital International Ltd or substantially all of its assets are acquired by a third party, in which case personal data held by it about its customers will be one of the transferred assets.

If we or our franchisees or our master franchisees are under a duty to disclose or share your personal data in order to comply with any legal obligation, or in order to enforce or apply our terms of use (www.neromotion.com/fifonz/terms-and-conditions/) and/or any other agreements; or to protect the rights, property, or safety of Fifo Capital International Ltd, our customers, or others. This includes exchanging information with other companies and organisations for the purposes of fraud protection and credit risk reduction.

Where we store your personal data
The data that we collect from you may be transferred to, stored with, or processed by our suppliers, our franchisees, or our master franchisees. Such staff maybe engaged in, among other things, the fulfilment of the provision of services to you and the provision of support services. By submitting your personal data, you agree to this transfer, storing or processing. We will take all steps reasonably necessary to ensure that your data is treated securely and in accordance with this privacy policy.

All information you provide to us is stored on our secure servers. Any payment transactions will be encrypted. Where we have given you (or where you have chosen) a password which enables you to access certain parts of our site, you are responsible for keeping this password confidential. We ask you not to share a password with anyone.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our site; any transmission is at your own risk. Once we have received your information, we will use strict procedures and security features to try to prevent unauthorised access.

Your rights
You have the right to ask us not to process your personal data for marketing purposes. We will usually inform you (before collecting your data) if we intend to use your data for such purposes or if we intend to disclose your information to any third party for such purposes. You can exercise your right to prevent such processing by checking certain boxes on the forms we use to collect your data. You can also exercise the right at any time by contacting us at [email protected]/fifonz.

Our site may, from time to time, contain links to and from the websites of our partner networks, advertisers and affiliates. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

Access to information
The Act gives you the right to access information held about you. Your right of access can be exercised in accordance with the Act. Any access request may be subject to a fee of $10 to meet our costs in providing you with details of the information we hold about you.

Changes to our Privacy Policy
Any changes we may make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail. Please check back frequently to see any updates or changes to our privacy policy. This privacy policy was last updated on 18 August 2015.

Contact
Questions, comments and requests regarding this privacy policy are welcomed and should be addressed to Fifo Capital International Ltd, PO Box 137375 Parnell, Auckland 1151, New Zealand, [email protected]/fifonz.

Terms and Conditions

Fifo Capital understands time is critical when it comes to managing your cash flow – so our process is aimed to be as simple as possible.

A Fifo Capital facility approval typically takes around 24 hours to set-up and depending on the required information supplied by customers, transfer of funds can take place in as little as four hours.

The following covers the terms and conditions required for a four hour funds transfer to take place;

Fifo Capital will tell the proposed client if the application is successful to receive funding. We can accept or reject the application at our sole and absolute discretion. If we accept the application the cash flow finance services will be provided solely in accordance with the documents we agree with the proposed client.
Fifo Capital reserves the right to reject previously approved applications without notice and/or consultation.
Fifo Capital’s application consists of a number of forms, however, not limited to fully completed and signed; Application, Receivables Finance Facility Terms and Conditions, Guarantee, Offer to Sell, and Privacy Consent forms
To be eligible for a four hour funds transfer in relation to an approved application, the proposed customer must request or apply to Fifo Capital in writing before 12 noon on the same business day. Such a request doesn’t guarantee the transfer will take place or funds cleared in the customer’s bank account within the four hour period.
Should a four hour funding transfer request be approved, such a transfer can only be facilitated on a business day. A transfer request is not available on public or bank holidays, or weekends.
Four hour funding transfers may incur a fee as detailed within the application.
Fifo Capital’s aligned banks or financial institutions have the right to reject a four hour funding transfer request. Fifo Capital and its aligned banks are not liable for any loss or damages resulting from a funding transfer request not taking place or funds being cleared within a four hour period.
Fifo Capital is a franchise business operation. Fifo Capital NZ Ltd is the master franchisee and is therefore not responsible for the actions or inactions of its franchisees in relation to any funds transfer timing.
Fifo Capital is not responsible for any loss or damages incurred or to be incurred by the would be or existing customer should a transfer not take place within or cleared funds not be received within a four hour period.

To find out more about the full terms and conditions relating to our 4 hour funds transfer please contact Fifo Capital on 0800 86 34 36