News

NZ Finance gets more funding

Wednesday 12th of December 2007
The CBA funding is a new finance facility of $40 million, while the Westpac one is a $50 million increase to an existing warehouse line.

That line now sits at $250 million and is in the name of NZF Mortgages.

NZ Finance managing director John Callaghan says support from two major banks, at a time when there is uncertainty around finance companies, "shows the strength of our loan book...

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