What is an interest rate, what influences them and what can you do about them.
Getting Interested in Rates
New Year: Time for a lending tidy up?
We share a few tips on how to tidy up your lending ready for the new year.
Prepare Well, Stress Less: Your New Year Bank Review
The most important thing you can do to prepare for your annual bank review is start early. Now is the perfect time to look over your finances and gather what you need before meeting with your bank manager. A little preparation now will help you enter that conversation feeling calm, confident, and in control.
No Pressure to Change Banks, Just Better Options
Loyalty Can Cost You, But Staying Can Still Be the Right Choice We often talk about how bank loyalty can sometimes cost you, but it’s important to be clear, just because you engage us doesn’t mean you have to change banks. We understand there are plenty of reasons why you might want to stay where … Continue reading No Pressure to Change Banks, Just Better Options
Why a Tough Year Doesn’t Mean You Can’t Negotiate a Better Deal
The past couple of years have been extremely tough for farmers, and your financials may not look the way you’d like right now. It’s easy to assume that a few poorer seasons mean there’s no chance of negotiating a better deal or exploring new finance options, and the idea of switching banks can feel especially … Continue reading Why a Tough Year Doesn’t Mean You Can’t Negotiate a Better Deal
Top 4 Reasons Farmers Avoid Reviewing Interest Rates
One of Your Top 3 Expenses… and Barely Questioned? Interest payments are often one of the top three expenses on a farm business’s profit and loss statement. When other costs blow out like fuel, fertiliser or repairs most farmers take a good hard look at what went wrong and what they can do differently next … Continue reading Top 4 Reasons Farmers Avoid Reviewing Interest Rates
Asset Finance to help get the job done
Getting the Right Finance for the Right Equipment At Purvis AgriFinance, we know that having the right gear can make a huge difference to how your business operates, whether that’s on the farm, on the road, or on the tools. That’s why we offer tailored asset finance solutions for commercial and agribusiness clients looking to … Continue reading Asset Finance to help get the job done
Get the right finance in dry times
Why preparation pays off Right now, large parts of rural Australia are struggling through tough conditions. From floods in NSW to dry conditions in South Australia, farmers are under pressure. Getting the right finance in dry times and making the right financial decisions is more important than ever. If you’re dealing with a dry season, … Continue reading Get the right finance in dry times
Better Bank Relationships
Why a strong relationship with your bank manager in good (and bad) times is so important Over the last few years, we’ve all struggled with increasing interest rates, challenging economic conditions and most recently for some drought and frost. So it would be fair to say banks have struggled in the popularity stakes. For some … Continue reading Better Bank Relationships
Decide With Your Head, Not Your Heart
Tips on balancing family (or your own expectations) with business realities The long-term success of your agribusiness or farm requires you to make smart business and financial decisions every day. Even if you rely on your gut and what feels right, you need to ensure you can back this up with rational, informed data-driven choices. … Continue reading Decide With Your Head, Not Your Heart