Creditworks https://www.creditworks.co.nz The Creditworks Group Tue, 09 Feb 2021 05:50:18 +0000 en-NZ hourly 1 https://wordpress.org/?v=5.5.7 How Builders and Subcontractors Can Minimise Risk https://www.creditworks.co.nz/uncategorized/builders-subcontractors-can-minimise-risk/ Mon, 08 Feb 2021 16:24:49 +0000 https://www.creditworks.co.nz/?p=3623 With reference to Anne Gibson’s’ article in the NZ Herald (April 3: ) titled “'Most Dangerous Time' in Construction Cycle: Warning”, the article contains a summary section titled “How Builders and subcontractors can minimise risk.” I find this section quite interesting and pertinent, although the source (Staples Rodway) do overlook one of the most important ...Read More

The post How Builders and Subcontractors Can Minimise Risk appeared first on Creditworks.

]]>
Significant Changes to Company Law Announced https://www.creditworks.co.nz/crisis/significant-changes-to-company-law-announced/ Wed, 15 Apr 2020 03:39:55 +0000 https://www.creditworks.co.nz/?p=4533 As per the announcement on 3 April, the Government is moving to safeguard businesses from insolvency with 'safe harbour' legislation for directors’ liabilities and a business debt hibernation regime. Practically, the business debt hibernation regime will see company directors seeking agreement from their creditors to ‘hibernate’ from their debt – more than half of the ...Read More

The post Significant Changes to Company Law Announced appeared first on Creditworks.

]]>
Debtor Risk Spread Report https://www.creditworks.co.nz/reports/new-debtor-risk-spread-report/ Tue, 14 Apr 2020 00:36:31 +0000 https://www.creditworks.co.nz/?p=4522 Following on from our Market Analysis Report https://www.creditworks.co.nz/uncategorized/debt-risk-market-analysis-reports/ CreditWorks is now excited to add our latest report to the portfolio – the Debtor Risk Spread report. See samples: Existing clients of CreditWorks can now log in to their account and see, free of charge, what level of risk their ledger poses to them. The latest ...Read More

The post Debtor Risk Spread Report appeared first on Creditworks.

]]>
Debt Risk Market Analysis Reports https://www.creditworks.co.nz/reports/debt-risk-market-analysis-reports/ Mon, 06 Apr 2020 03:39:09 +0000 https://www.creditworks.co.nz/?p=4511 Updated: August 12, 2020, for the June Quarter First and foremost, we hope you are all well and are coping with this new environment we find ourselves in. The world has changed significantly -and in many ways forever – however it is in times like these that good old Kiwi resilience comes to the fore. ...Read More

The post Debt Risk Market Analysis Reports appeared first on Creditworks.

]]>
CreditWorks Announces: CreditWorks Scorecard https://www.creditworks.co.nz/reports/creditworks-announces-creditworks-scorecard/ Sun, 08 Mar 2020 21:23:37 +0000 https://www.creditworks.co.nz/?p=4507 We’ve been working with a partner that specialises in Data Analytics to create a reliable, statistically sound, predictive scoring model.  Now, we can look at a company, look at the data in our massive database (and from external sources) that fits that company’s profile, and predict how likely that company is to fail in the ...Read More

The post CreditWorks Announces: CreditWorks Scorecard appeared first on Creditworks.

]]>
PPSR Search: Why Your Business Will Benefit From A Personal Properties Security Register (PPSR) Search https://www.creditworks.co.nz/reports/why-your-business-will-benefit-from-a-personal-properties-security-register-ppsr-search/ Tue, 03 Mar 2020 10:31:51 +0000 https://www.creditworks.co.nz/?p=4505 If you are doing business in New Zealand, or are planning to, then you might seriously want to consider taking advantage of the Personal Properties Security Register and searching their database. The PPSR is a government initiative and is a Personal Property Securities Registrar. It can be used for businesses to record their security interests ...Read More

The post PPSR Search: Why Your Business Will Benefit From A Personal Properties Security Register (PPSR) Search appeared first on Creditworks.

]]>
PPSR: Beginners Guide To The Personal Property Securities Register In New Zealand https://www.creditworks.co.nz/creditworks/beginners-guide-to-ppsr-in-new-zealand/ Thu, 28 Nov 2019 03:50:05 +0000 https://www.creditworks.co.nz/?p=4432 “PPSR” – perhaps you have heard the term but don’t really know what it means or how it can benefit your business. If so, then this guide may help you; we’ll go through what the PPSR is, what it does and just why it matters to you as a business owner. Jump To: Just what ...Read More

The post PPSR: Beginners Guide To The Personal Property Securities Register In New Zealand appeared first on Creditworks.

]]>
Commercial Credit Scores: Back To Basics https://www.creditworks.co.nz/creditworks/back-to-basics-commercial-credit-score/ Thu, 11 Jul 2019 00:44:34 +0000 https://www.creditworks.co.nz/?p=4281 Most of us have heard of the term “credit score”, but did you know there are different credit ratings for personal and business? In this post we’re going to be taking a brief look at “commercial credit scores”, discovering exactly what they are and how it can positively or negatively impact the ability of your ...Read More

The post Commercial Credit Scores: Back To Basics appeared first on Creditworks.

]]>
Do You Know The Business (Credit) Score? https://www.creditworks.co.nz/creditworks/do-you-know-the-credit-score-2/ https://www.creditworks.co.nz/creditworks/do-you-know-the-credit-score-2/#respond Sat, 20 Apr 2019 23:11:14 +0000 https://www.creditworks.co.nz/?p=4274 A question for all business owners: how many of you know your company’s business credit score? If you can’t answer that question, then you have plenty of company. If you answered “What’s a business credit score?” you’ve also got plenty of company. According to research, 60% of small and medium-sized business owners don’t know their ...Read More

The post Do You Know The Business (Credit) Score? appeared first on Creditworks.

]]>
https://www.creditworks.co.nz/creditworks/do-you-know-the-credit-score-2/feed/ 0
New PPSR Services: Bulk Amendments and Bulk Discharges https://www.creditworks.co.nz/creditworks/new-ppsr-services-bulk-amendments-bulk-discharges/ Mon, 03 Dec 2018 04:12:18 +0000 https://www.creditworks.co.nz/?p=4030 There has recently been a focus on getting NZBN information into PPSR Financing Statements.  We’ve noticed many of our clients have taken this opportunity to review their Financing Statement portfolios and get some housekeeping done.  Some clients have discharged many old Financing Statements they no longer need, others have updated Collateral details across the board. ...Read More

The post New PPSR Services: Bulk Amendments and Bulk Discharges appeared first on Creditworks.

]]>