15 October 2014
Baycorp, New Zealand’s most well-known debt resolution agency, is holding information sessions in Rotorua, Tauranga, Hamilton and Hawkes Bay over the next month to highlight pathways to credit resolutions and explain new initiatives and technology.
Hosted by New Zealand general manager Donna Cooper and business services sales manager Victor Jamieson, together with local Baycorp representatives, the regional roadshow will provide valuable tips on digital credit management.
It will also cover debt load trends, changes in legislation and updates on Baycorp’s evolution as a business.
Tauranga local business manager Lyn Egan says the events are a great way to learn about new online tools for resolving debt. “Baycorp is changing to meet the new credit market. A key part of this is our partnership with Centrix, an online credit checking and reporting tool, to assist clients with making smart, informed credit decisions. I look forward to sharing this information with our clients at the roadshow.”
Rotorua and Hawkes Bay business manager Jeff Timmins says it will also be interesting to discuss trends with clients, and how the global financial crisis has affected debt resolution. He says Baycorp’s Rotorua and Hawkes Bay regions have shown that smaller balance debts are, in some cases, double that of other regions. Conversely, debts at the higher end are a fraction of those in other regions. “This would indicate small to medium enterprises (SMEs) are being more cautious about allowing credit for the larger ticket items and quicker at taking action when a customer falls into default,” he says.
Hamilton business manager Steve Morrison says he thinks clients will find it interesting to understand why the Hamilton region has a greater proportion of high dollar value debts compared to other North Island regions.
With over 50 years’ experience, Baycorp’s expertise lies in unlocking debt, with everything business owners need from credit reporting, deploying legal and field services to data analytics. Working with businesses of every kind and size, from sole traders and SMEs through to utility companies and telcos, Baycorp is skilled at tailoring financial recovery solutions that help safeguard business operations and improve cashflow.
Victor Jamieson says debt resolution is all about managing risk for companies and ultimately about generating a return from a potentially loss-making situation. “Working with Baycorp minimises this risk and offers a better chance of success. Clients can leave the resolution of their debt to us, giving them more time to focus on their business.”
To find out more about the regional roadshow in your area, simply email your local business manager (details below).
Rotorua: Tuesday 21 October, 5.30pm at the Rotorua Club firstname.lastname@example.org
Tauranga: Wednesday 22 October, 8am at the Tauranga Yacht and Power Boat Club email@example.com
Hamilton: Thursday 6 November, 5.30pm at Altitude Bar and Nightclub firstname.lastname@example.org -ends-
Source - Media Release (15 October 2014)
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