Posts by Speirs Finance
987 days ago

Asset loans and used asset finance – what's right for your business?

Speirs Finance

We all understand that buying cheap does not always equate to the best value purchase but when it comes to finance, the interest rate (particularly in an upwards trending market) is often the primary focus and this can lead to poor customer outcomes. This is because decisions makers often overlook the importance of maintaining positive cash flows in their businesses, especially in relation to their asset loans or used asset finance structures. Financecan be complex and other more important factors like loan structure and terms and conditions can have a much greater impact on cash flow than interest rate.

It’s very common to see businesses with cash flow issues that have poor asset finance or asset loans structures for new assets and used asset finance as the primary cause for this. A typical example of this situation is a customer taking up a very low interest on a new asset (often on dealer a discounted interest rate where the dealer is subsidising the rate by reducing margin) on a term offered of 2 or 3 years maximum. The asset may have a useful life of fifteen years, but in most cases a short term like this does not make sense and won’t be able to generate enough annual surplus to pay off the asset loan and likely lead to cash flow problems in the business.

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More messages from your neighbours
16 hours ago

🧩 Can You Put the Pieces Together? Give It a Go! 🕶️

Riddler from The Neighbourly Riddler

Give this puzzle a whirl, can you figure it out?

Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!

Want to stop seeing these in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

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2 days ago

Poll: Has your Kiwisaver taken a dip?

The Team from Neighbourly.co.nz

With the US tariffs ramping up and the stock market taking a hit, many are noticing a change in their Kiwisaver amounts.

If you've had a peek at your Kiwisaver balance since, have you seen it decrease?

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Has your Kiwisaver taken a dip?
  • 85.3% Yes, it's decreased
    85.3% Complete
  • 11.5% Nope
    11.5% Complete
  • 3.2% Other - I'll share below
    3.2% Complete
503 votes
1 day ago

🚨INTEREST RATE DROP🔥

Pamela - Senior Mortgage & Insurance Adviser from Advisenow

Hi Neighbours!!

Following the recent OCR drop, one of the major banks has taken the lead by reducing their 1-year, 18-month, and 2-year fixed rates to 4.99%. This bold move is expected to spark similar action from other lenders.

If you’re planning to buy your first home, refinance, or refix, now is a great time to explore your options.

Call Pamela on 028 852 00500
or book an appointment at www.advisenow.co.nz...

Let’s help you take advantage of this opportunity.

Pamela Mortgage Broker Flyer.pdf Download View