Good Afternoon,
I hope that this email finds you all well and somewhat rested after a bit of a break over the Chrissy New Year period.
Not much happened with the banks over this period except for them trying to clear backlogs of files while other log jams were created.
The world is still turning in the world of buying and selling, the housing market here is drying up a little, though with people returning to work and their usual residences hopefully this frees up some stock a little.
The viziers are still predicting growth in the housing sector and GDP for the year.
The year has already seen me dealing with multiple enquiries on several fronts including large asset and equipment purchases on the back of the extended and increased asset write off’s from the Govt.
Right now many of these large purchases are going to Macquarie because they can action quickly and their rates are very reasonable at around 4% depending on the loan to value ratio and the type of asset.
There are also some options with the Govt backed loans with Liberty doing for one of my clients right now a specific measurement machine that measures tolerances in objects to microns, not your usual run of the mill asset at 6.95%
Have a smashing week out there and may this year be better than Adele’s album of the same name!
JC
Scenarios and rates quoted are indications only and don't take into account your personal situation.
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