Why you need an agribusiness broker to support your business No matter what you do, you probably already know that when it comes to your business finance, it's more than just interest rates. There are relationships and succession planning, business structures, new products, and plans to expand and diversify. But did you know that as … Continue reading It’s More Than Just Better Interest Rates
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
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
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
Using your profit drivers to generate more profit Maximising farm profit is one of the key goals for most businesses. But understanding how to do this, and what drives profit, isn’t always clear. Over the next couple of months, I’ll be sharing a series of blogs to help you: Understand your profit and your profit … Continue reading Understanding Your Farm Profit
How your agrifinance broker can help you prepare for your annual bank review You’ve packed away the Christmas tree, the summer holidays are done. And while you might be focused on the recent (or upcoming if you are a grape grower) harvest, at the start of the new year, there’s something else you need to … Continue reading Beat The Bank Review Blues
There’s no doubt that having the right equipment is one of the most important parts of your business. Apart from the land you own, your farm machinery is probably your next biggest investment. So, you need to be well-informed about your farm equipment finance options. There is a fine line between overcapitalising and buying equipment … Continue reading GET THE FARM EQUIPMENT FINANCE YOU NEED WITHOUT BREAKING THE BANK
One of the biggest frustrations for my business banking clients is the regular bank manager turnover and the need to build new relationships. To build a strong relationship, you need to spend a lot of time and energy explaining your business. It takes a lot of time and many meetings for you to build rapport … Continue reading THE BANK MANAGER REVOLVING DOOR
With all the news about interest rates at the moment, you're probably wondering how banks set their interest rates? In this blog, I'll explain the key terms and numbers to help you understand why interest rates change. Understanding the numbers The 2 most important numbers are the: Official Cash Rate - set by the Reserve … Continue reading HOW BANKS SET THEIR INTEREST RATES
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