Outstanding debts of Māori enterprises (excluding Māori authorities) in New Zealand
By debt type, 2022, % of businesses (with 6+ employees)
Type of outstanding debt | % of businesses |
---|---|
Bank overdraft | 44% |
Loan with term of less than 1 year | 24% |
Loan with term of more than 1 year | 52% |
Mortgage loan | 19% |
Trade creditor or supplier | 54% |
Capital / financing lease and hire purchase agreement | 34% |
Credit card | 47% |
Shareholders' current account | 27% |
Other | 58% |