There may be times when you add up all of your debt or look at your credit card statement and worry about how to manage your debt position. After such a long period of being in a low interest rate environment, the recent interest rate increases announced by the Reserve Bank of Australia may have…
Access to funding or drought support for amounts up to $2 million with a loan term of 10 years at 1.77% variable interest rate can be beneficial, if not critical, for farming business. However, many farmers are put off by the onerous application processes… but a little bit of help can make an enormous difference.…
Farmers are now faced with extraordinarily long lead times for securing finance, more formal annual review processes for renewals and additional scrutiny and documentation requirements. Without the finance you need, you could miss out on business opportunities. Find out what you can do to stay ahead of the game.
One thing that is certain for a farming business is that nothing is certain! When your income depends on factors out of your control, debt becomes a part of life that enables you to fund working capital or expand your business. But when it comes to securing agricultural finance, it’s not so straight forward and…
Being stuck in the office isn’t quite so bad when the weather is cold outside. We’re about to make one client’s new financial year quite happy after reviewing tenders from interested lenders. We have found a package that has the potential to save them almost $55,000.00 over 5 years! Call us for a review to…
It’s official. MFAA sent my accreditation for Self Managed Superannuation Funds, Limited Recourse Borrowing through today. The new MFAA logo will be loaded to the website in coming days:-) This advice is provided by Phillip Dibben under Financial Services SA rural business consulting services. Phillip Dibben is an MFAA Approved Credit Adviser, including SMSF lending,…