Funding new business assets?
5 IMPORTANT QUESTIONS TO ASK when considering how to fund the acquisition of business assets:
What is the asset being used for?
What is the asset’s useful life? Both the real expected life and the useful life as determined by the IRD for depreciation purposes?
What is the cash position of the business?
What funding options exist, and which is most appropriate for the asset type taking into account the intended use and lifecycle?
How can the funding be structured to maximise cash flow to the business?
Offers, Events & Inspiration
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🧩😏 Riddle me this, Neighbours…
I am an odd number. Take away a letter and I become even. What number am I?
Do you think you know the answer?
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Scam Alert: Bank cold calls
ASB is warning customers about reports of cold calls from scammers claiming to be from ASB. These scammers are trying to obtain personal information, including usernames, dates of birth, and verification codes sent to your mobile phone.
🛡️ The "Caller Check" Test
If you get a call from someone claiming to be from ASB and you’re unsure, just ask them for a Caller Check. You will then be able to verify the call through the app.
Remember, banks will:
❌ Never ask for your banking passwords, PINs, or verification codes
❌ Never need to know your full credit card number – especially the CVC
❌ Never ask you to download software or remotely access your device
❌ Never ask you to purchase gift cards or transfer funds.
If you have received a phone call and think your account has been compromised, call ASB on 0800 ASB FRAUD (0800 272 372), or visit your local branch.
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