TERRA AG FINANCE - End of Financial Year: 2nd June 2021

Good Afternoon,

End of Financial Year is fast approaching – ensure that you have had early discussions with your accountant to enable enough lead time to facilitate what needs to be implemented.

Key Focus Points to focus on:

  • How long since you have reviewed your banking facilities? I am seeing facilities that are priced well out of the market. Interest can be a large expense to any business, make sure you are not overpaying on your current facilities. Call to arrange a review.

  • Equipment Finance rates are starting to slowly creep up. Make sure when financing your next item on the list you get best Interest Rate possible. Ease the mind with some comparable quotes.

  • June 30 is fast approaching, don’t leave it to the last minute to get yourself organised.

               

Opportunities that I am seeing within the Market:

  • Asset Finance Rates might be edging up, however still very cheap. Instant Asset Write-off scheme has been extended. Very good time to be updating Machinery, call to arrange quotes.

  • Working Capital – Make sure your facilities are structured to your cash flow. Large savings to be had through making sure your Banking Facilities are structured correctly.

  • Cropping/Seasonal Finance is a good, quick, and easy tool to help manage your cashflow. Reach out if you would like to know more about our Crop Finance Facilities.

 

How Can I assist you within your business?

  • Property Purchase: If you’re looking to make a purchase, I can assist you in reviewing your current position, and am able to put together a proposal to present to your bank.

  • Refinance: If you are unhappy with your current financier or would like to know what other banks are offering, I am able to assist in renegotiating your terms, or refinancing to another bank.

  • Equipment Finance: I can assist in managing the application process from start to finish. Call to arrange some comparable quotes.

 

For any enquiries, please don’t hesitate to give me a call.

 

Regards,

Pat McNamara

Finance Broker

Terra Ag Rural Agencies Pty Ltd

Unit 30, 16-24 Whybrow St, Griffith NSW 2680

M: 0488 935 009

F: 02 6964 6095

E: pmcnamara@terraag.com.au

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Terra Ag Rural Agencies Pty Ltd – ACN 631 478 718 is an Authorised Credit Representative (ACR 529181) of Finsure Finance & Insurance Pty Limited (ABN 72 068 153 926, ACL Number 384704).  Unless expressly stated otherwise, information in this email should not be considered advice and has not taken into consideration your personal circumstances.  While Terra Ag Rural Agencies Pty Ltd make every effort to keep its emails free from viruses, we cannot accept liability for any damage sustained as a result of software viruses. You should carry out your own virus checks before opening any email attachments.

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Weekly Water update - 12th July 2021

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TERRA AG FINANCE - Update April 2021: 7th April 2021