SCF company hit by Christchurch quake

The receivership of South Canterbury Finance has been largely unaffected by Saturday's earthquake, although some staff have had to move offices.

A spokesman for receivers McGrathNicol said there had been no earthquake fallout for buildings and property owned by South Canterbury as far as they were aware.

If there was any damage, it would be covered by insurance, he said.

However, staff from South Canterbury subsidiary Face Finance have been forced to leave their building and move in with sister-company Scales Corporation.

Four staff from Face Finance, whose offices are on the corner of Bealey Ave and Victoria St - on the north side of the central city - are now working from the Scales offices in Montreal St on the city's west side.

One staff member said they had turned up to work on Monday to find tape around the building. It looked badly damaged from the outside.

Staff had been told they could retrieve their belongings today but were not sure if or whether they could go back to work in the building.

Receivers were appointed to South Canterbury on August 31 after it failed to pull together a recapitalisation deal.

On Monday the receivers called for expressions of interest in buying the assets of the company. They are also expected to issue an update for customers this week.