Companies owed money by the Pike River Coal Company have voted overwhelmingly to accept a payment plan, which will pump $3 million back into the ailing West Coast economy in the next few weeks.
Voting on the early payment plan, put forward by receivers PricewaterhouseCoopers, closed on Friday and 288 out of 468 votes were returned every one of them accepting the deal.
About $36m is owed, with about $8m of that on the West Coast.
Greymouth businessman Peter Haddock, who fronted a group representing many of the contractors, said a business owed $50,000 would get about $18,000 (36 per cent), and someone owed $100,000 would get $28,000 (28 per cent).
However, when the mine was sold they may get more, he said.