Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Renault partnership increases BNZ presence in asset finance

Media Release

21 July 2014

Renault partnership increases BNZ presence in asset finance

BNZ is building its presence in delivering asset finance, announcing today a partnership with Renault New Zealand. The partnership will enable Renault dealers nationwide access to BNZ’s new Cloud-based online quote portal. The new portal which operates on tablets and mobile phones in addition to desktop computers, enables retailers to deliver on-the-spot asset finance quotes to customers on the showroom floor.

BNZ head of asset finance, Mark Tadecicco, says both retailers and customers enjoy the speed and convenience of offering quotes on the showroom floor without having to go back to an office to use a computer.

BNZ has significantly invested in its asset finance capability, unveiling the new Cloud-based system late last year.

Renault New Zealand general manager, Chris Blair says, “I am personally very excited about our partnership with BNZ.

“Renault New Zealand is dedicated to removing complexities in the car buying process and we feel the developments BNZ is making to simplify financing a vehicle for the customer, align perfectly with our vision and values.”


Mr Tadecicco says he expects asset finance to grow, particularly in the SME and agribusiness areas, as businesses look to the most effective means to cash flow plant and equipment such as vehicles.

“Asset finance allows customers to leverage their vehicles, plant and equipment to gain access to additional lines of funding, helping free up cash-flow and other lines of credit for other purposes, such as growing their business.

“Put simply, it’s a way of making these assets work harder,” he says.

Ends


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Research: ‘Ageing Well’ Science Challenge Launched

Science and Innovation Minister Steven Joyce today launched the Ageing Well National Science Challenge, confirming initial funding of $14.6 million. More>>

ALSO:

Scoop Business: Govt Resisting Pressure To Pump More Cash Into Solid Energy

Prime Minister John Key says it is “not the government’s preferred option” to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists’ questions at his weekly press conference on whether that might prove necessary... More>>

ALSO:

Lagest Ever Privacy Breach Award: NZCU Baywide Accepts “Severe” Censure In Cake Case

NZCU Baywide says that once it was found to have committed a breach of a former staff member’s privacy, it had attempted to resolve the matter... the censure and remedies for its actions taken almost three years ago are “severe” but accepted, and will hopefully draw a line under the matter. More>>

ALSO:

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news