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
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
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
Why looking after your mental health is important for you, your family and farm. Running a farm or an agribusiness is more than a job. It is a lifelong commitment filled with challenges and unpredictability. Having a positive farming mindset isn’t a luxury. It’s a necessity. Changing weather and volatile markets means the only certainty … Continue reading Build a positive farming mindset
Understand how the new rules could affect you As we head towards the end of another challenging year, there is a significant change facing the agriculture sector. From 1 January 2025, many large Australian businesses and financial institutions will need to prepare annual sustainability reports. These reports will include mandatory climate-related financial disclosures, including carbon … Continue reading Carbon Reporting and Agribusiness Lending
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
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
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.
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