The Company
North State Finance Limited is a regional finance company providing an extensive range of financial services.
Our services cover the broad areas of business finance, personal finance, investments and brokerage services.
North State specialises in the provision of financial services for both the business and professional community as well as offering personal finance for motor vehicles and other items.
Our policy is to provide a personal and efficient service that guarantees a rapid response to your requirements with minimal legal formalities.
Extensive experience and long associations with many industries and professions enables us to quickly tailor a financial package to your unique circumstances.
Company Profile
The company was incorporated on 26th March, 1990 and operations were commenced on 15 May 1990 and became a Division of Westlawn Finance Limited on the 1st March 2011.
Through two major offices in Coffs Harbour and Lismore and agents in Ballina, Tamworth and Newcastle, North State Finance Limited is in a position to offer Leasing, Commercial Hire Purchase, Chattel Mortgages, Commercial Rental facilities and Personal Finance throughout the Eastern Seaboard.
North State Finance is a specialist asset based financier with the focus of lending operations to the professional and small business sectors. The company's target market is the under $250,000 range but larger facilities are provided and/or arranged with other financiers. Gross receivables have grown to more than $39.8 million.
North State Finance has been formed on the basis of securing lending and deposit opportunities on a professional and flexible asset based financing operations.
Board of Directors
North State Finance has a proven record of success. This can be attributed to a successful formula of dedicated professional staff, strict lending criteria, sound and conservative financial management, an extensive knowledge of the Company's market and an active role by the Directors in the approval process and management of the Company.
| Michael James DOUGHERTY | Chairman. Actively involved in the Westlawn Group since 1972. Director of the NSW Financiers Association. |
|---|---|
| George Anthony LENNON | Director and Practising Solicitor and former Partner in the law firm MBT Lawyers. Former director of Fitzroy Finance Group. Aged 70. |
| Robert Charles AVERY | Managing Director. Professional financier with 32 years experience in the finance industry. Director of the Financiers' Association of Australia Limited. Fellow of Australian Institute of Banking and Finance. Aged 55. |
| David George JEFFERY C.A., B.Sc.(Hons) (ANU), M.Sc(Wits.) Dip.Fin.Mangt.(UNE) | Company Secretary, Chartered Accountant and principal of the firm J.D Matthews & Associates (Coffs Harbour). Registered Tax Agent. Aged 59. |
| Geoffrey Dean SCOFIELD JP | Director. Cert.IV Financial Services (Finance/Mortgage Broking Services); Professional financier with 29 years experience with extensive background in banking, credit provision/analysis, business development and senior management. Director of Casino RSL, committee member of Casino Racing Club & Northern River Racing Association. |
| Andrew Harry HAYES C.A.; BB(Acct); GDFinPlan. | Director. Chartered Accountant & Registered Tax Agent is also an ASIC Registered Company Auditor. Fellow of the Taxation Institue of Australia, a Senior Associate of the Financial Services Institute & a member of the Self-Managed Super Fund Professionals' Association. Also holds position of C.F.O. & Company Secretary of the Westlawn Group. |
The Directors see the future of the Company as expanding in the regional market and taking advantage of other more specialised opportunities as they appear without deviation from the Company's sole activity of finance and have no intention of changing from past proven practices.