I have certainly had my fair share of trying to explain why fixed interest rates are what they are today when it comes to Equipment Finance or any Fixed Rate product for that matter. Too often fixed rates for equipment or fixed property loans are compared to the official cash rate or the honeymoon home [...]
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Tag Archives: SME Finance
Small businesses losing faith in the banks.
23/06/2010
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“Recently we’ve seen a significant deterioration in loyalty being shown by small to medium businesses toward their banks. In fact, loyalty has fallen 239% over the past 3 years. This is not surprising really given recent events, especially in the wake of the GFC. Many businesses in the $1-5 Million annual turnover range are increasingly [...]
Read moreSourcing business finance after the global meltdown.
15/06/2010
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“The global finance crisis may be over but the drama continues for small business. Surprisingly, credit is more difficult for small businesses than before the GFC. So when you’re after equipment finance, you’ll need more things working in your favour than ever. Information is the currency that the financiers want, and that means assembling the [...]
Read moreTaxing Times ahead for small business
08/05/2010
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“June 30 2010 will be no ordinary end of tax year for many businesses. Having weathered the financial upheavals of the past year or so, now’s the time to prepare for the upswing. We’ve heard that 68% of small to medium sized enterprises are planning to borrow business finance in the next 6 months to [...]
Read moreHow to drive a harder bargain.
02/03/2010
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“If you want a better run for your money when buying your next company car or commercial vehicle, the Finlease car buying service could be the answer. From what we’ve found, many small to medium sized business owners are too busy to shop around for the best price on a reps vehicle’, luxury car or [...]
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