Page 16 Advertisements Column 1

Press, Volume CX, Issue 32394, 5 September 1970, Page 16

who is kMARACb 1 FINANCE? £ MARAC is one of the country's largest finance BK ggq houses, with total assets of more than $13,000,000. MARAC has extensive experience k in servicing the financial requirements of industry and commerce, thereby assisting the Bh continuous growth of the economy. ||jj| The major shareholders, all represented on the Board of Directors, are: k The Commercial Bank of Australia Limited; k The Fletcher Trust & Investment Company Ltd; I NIMU Insurance Company; hH Philips Electrical Industries of NZ Limited. _ MARAC became a Public company in 1962, and ’ u ’ is a foundation member of the Finance Houses k ” Association. Approximately 100 staff members « including many Chartered Accountants and RSI other qualified people represent the company in its dealings and contacts with the public k w and clients. what does B |MARAC h N KNANCZ? J M MARAC FINANCE PROVIDES THE FOLLOWING ■ SERVICES: Industrial and Commercial Plans: lease of business vehicles and plant, factoring . of book debts, export/import factoring, bill k ” discounting, company finance, industrial hire purchase, bridging finance, property develop- H| E 9 ment and mortgages. Personalised Loans for Individuals: AA members finance plan, perk sonal loans. Dealer Discounting Plans: revolv- k ing credit, domestic hire purchase, motor vehicle hire purchase, subdividers term sales. how does J MARACI k mMftif k MARAC borrows money from the investing public on one hand, and lends financial . K assistance to New Zealand industry and commerce on the other. MARAC supplies finance for short to medium term requirements, BB W directed substantially towards commercial and W industrial finance, including exporters. . w The MARAC prospectus, available from any of the offices listed below, describes the savings and investment facilities offered. As Ml W far as possible funds are reinvested in the areas from which they are raised. . w Total advances are currently estimated at more than $13,000,000, the largest proportion ".d being spread among exporting, manufacturing, Hi wholesale and retail organisations. B where is B 2MARAC k b HMANCSf Wherever there is need for financial expertise in the future, MARAC will be on the scene. A nation-wide service is already provided by five branch offices at Auckland, Rotorua, Wellington, Christchurch and Dunedin . w k and one associate company in Invercargill. Call in anytime and meet Mr Don Poulton, MARAC’s Christchurch Manager, at Mercank tile Gazette Bldg, 271 Madras St (Ph. 30-595). He'll be only too pleased to be of service. 34430

pr ■ ' /I /I MEMBERS' DINING ROOM & COMFORTABLE LOUNGE M cANTtKBuM foe Superior ■ • Congenial surroundings for members • Luncheon served daily from 11.30 a.m. to • from menu reasonable AUTOMOBILE ASSOCIATION (Canterbury) Inc. Headquarters Bldg. 210 Hereford St. 4th Floor. (Overlooking Latimer Square)

0F DEBENTURE STOCK'’ X 1/ A \l D z/ACCX M AWD unsecured notes L.k-4— l-/ 11 I~\.V Applications must be made on the form attached to the Prospectus, available from The Commercial Sank of Australia or members of the Stock Exchange, or post ORGANISING BROKERS: Daysh Renouf & Company. TRUSTEES: National Mutual Life Nominees Limited, MMI iirrmroT im» New Zealand Insurance Company Limited. INTtKtST Ur TO MARAC Finance kAjI k Box 43Z ' Christchurch. Phone 30-595. jjffljjt ■ Prospectus waranmr Name payable Address ■•••• . half JB/aBB YEARLY CPS/9