Learn how you can protect your farm or agribusiness In this blog, I’m sharing my thoughts about mitigating the financial risks in agriculture. Learn how you can protect your farm or agribusiness from these inevitable financial risks. Effective financial risk management is crucial to ensuring the stability and growth of agribusiness operations. Here, we expand … Continue reading Financial Risks in Agriculture
Tips and tricks to streamline your farm office administration When you’re applying for finance, refinancing a loan or purchasing land, good farm record keeping could be the difference between a stressful experience and a smooth worry-free experience.Whether you’re going it alone or working with a broker, your financial institution wants more than just a completed … Continue reading Record Keeping for Your Agribusiness
Get the right product for your business Whether you’re a new or established business, getting the right agribusiness finance is crucial for your growth and success. But with so many agribusiness finance options, it's hard to know which will work best for you and your business. The key finance options available for Australian agribusinesses are: … Continue reading Agribusiness Finance Options
DO YOU HAVE A CLEAR VISION FOR YOUR BUSINESS? We’re a month into 2024, the holidays are over and for many of you, work on the farm has probably ramped up. But no matter how busy you are, you need to take some time to set business goals, both for the year ahead and for … Continue reading Set Business Goals for Success
A review of the last year and looking ahead to 2024 As we start the new year, I wanted to begin by looking back at 2023. It was definitely an interesting year, and challenging for many. In this blog, I’ll review industry developments, financial challenges and changes, and share some highlights for myself and my … Continue reading 2023 – Challenges, Innovation & Resilience
Why taking a break is a necessity, not a luxury There’s no doubt 2023 has been a big year. Regardless of what you’re growing, raising, or producing, 2023 has had its difficulties. Some of you might be right in the thick of harvest, while others are gearing up for the upcoming vintage. For some of … Continue reading 8 Reasons To Get Away From the Farm
TIME TO REVIEW YOUR FARM FINANCE? Find out why you should consider refinancing and when you should wait With multiple interest rate rises this year, you might feel confused about your long-term financing plans. Are you getting the best deal? Should you be fixing your loan? Is it time to consolidate or … Continue reading When You Should Consider Refinancing Your Farm Finance and When You Should Wait
LOAN SERVICEABILITY AND FARM DEBT TRENDS In recent years, we’ve seen significant increases in rural and agribusiness property values. There’s no doubt this is a positive development. But it has also led to some unrealistic borrowing requests. Many people assume the bank will always lend 60-70% of the land’s value. Unfortunately, land value is only … Continue reading Why The Bank is More Interested in your Cash Flow than your Property Value.
TELLING A COMPLETE STORY IS MORE THAN JUST NUMBERS Whether you’ve worked with me, another broker or contacted your bank directly, you know new loans equal loads of paperwork. And questions. So many questions. In this blog, I want to explain why I ask so many questions and why it's more than just numbers. I … Continue reading More Than Just Numbers – Why Do I Want to Know So Much About Your Business?
ARE YOU GETTING THE BEST DEAL FROM YOUR BANK? The right finance and working capital is necessary for your farm or agribusiness to grow. While the Reserve Bank sets the base rate, knowing how your bank calculates your customer margin will help you pay as little as possible in bank fees and interest. Well-managed businesses … Continue reading Fix Your Rates and you Fix Your Margin
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