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Strategic Finance Ltd says it is undertaking an intensive review of its business and loan book.
The finance company made the statement as part of a regular monthly report now required by market operator NZX.
Strategic Finance Ltd said it currently complies with stock exchange rules and it continuously monitors its financial position.
"Given the current economic environment, including the impact caused by the recent high profile finance company failures, trading halts and the slow down in the property sector, SFL will be undertaking an intensive review of its business including impairment analysis of its loan book prior to 30 June being SFL's financial year end," the company said.
Strategic is owned by stricken Australian company Allco Finance Group.
It has earlier signalled a switch to short-term lending to match its borrowings which, like other finance companies, have contracted drastically as debenture holders baulk at reinvesting.
- NZPA
