NZEC Newsletter - April 2020

Kia Ora from the NZEC team,

This newsletter comes at a time of uncertainty, change and challenges so most importantly we hope everyone is safe and looking after themselves.

The current lockdown has seen a change in the way we are operating from our homes but we remain open for business.  We confirm that that our team:

  • is continuing to deliver our full range of services; and
  • remain available for virtual meetings via Skype, Zoom, Microsoft Teams or telephone.

We have spoken to many businesses over the last 2 weeks, and we aim to be here to support you either via our range of services, or referrals to other private or public agency support. Please feel free to contact us if you have any questions.
In this newsletter we bring you some information which may be of help in regards to Covid 19 from other government departments, a reminder for trade credit insurance policy holders on their obligations at this difficult time, and also a couple of upcoming webinars which provide topical information for exporters.

Covid-19 information sources

New Zealand Government agencies have put together a number of helpful resources for businesses to help them mitigate the impacts of COVID-19. Please find them below:

Supplier credit obligations

For our policy holders of our short term trade credit insurance, we have summarised the obligations which may be helpful to you.  It includes being aware of what to do in the event you:

  • amend the terms of your sales contract;
  • receive adverse information on your buyer;
  • experience payment delays; or
  • need to lodge claim.

Things that may be of interest

Webinar  - Making the Most of Export Credit Solutions
Date: 2 April 2020 | Time: 0900-1015 | Venue: Webinar, please register below.
Experts from NZTE’s Investment Team, ASB Bank, Marsh and NZEC are available to share and discuss working capital, trade credit insurance and other financing and risk questions that you may have.

The speakers are:

  • Michael Hoare, Senior Business Originator, NZEC
  • Steve Lowe, Head of Credit Specialities, NZ at Marsh Limited
  • Miles Fleming, Trade Finance & Global Transactional Banking Manager, ASB Bank
  • Marshall Maine, Investment Manager, NZTE

Please register here.

Webinar - Survive to Thrive
NZEC was recently a panellist on Katabolt’s first “Survive to Thrive” webinar series which featured a range of business owners and advisers. Check out the link here to view the first webinar. Additionally sign up below view future webinars: register now.

Team Travels

Our team travels have ceased due to Covid-19. However, we are able to still meet with you via video chat or over the phone. If you are keen to meet please get in touch.

Keep safe from,

Chris, Kim, Feliza, Sheila, Peter, Michael, Phil, Thomas and Kyle