Refinance for cashflow easing

Written By Kim Manunui

In the current economic climate it may seem like its taking forever for the economy to get going, with GDP still low and OCR / interest rate easing taking a while to take effect, it was always going to be a long slow pull. Getting through is key but how?

One way to look at it is to restructure lending you already have in place, rather than taking on more debt, spin it out or consolidate and give yourself some breathing space. Banks will work with you to a point then there are non-bank lenders that can structure property lending and finance companies for equipment that will take what you have, reassess its useful life and restructure to suit which could include the likes of seasonal payments with interest only in the off season, or releasing equity in equipment for liquidity, you can change it back once things pick up again which is coming.

With the Govt pushing for further OCR easing and interest rates cuts into stimulative territory along with incentives such as the Investment Boost allowing a further 20% depreciation on new equipment and the rural sector performing strongly along with Govt spending projects, it’s only a matter of time before everything comes together and we start to see GDP pull away which is the key driver for everything … growth.

In the meantime, we want to ensure we’ll make it through so talk to your accountant, get in touch with Infinance and thrash out a plan to see you through, there are ways to restructure that can make all the difference.

For more on the above, click on the link below 😊

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Kim Manunui

Hi, I’m Kim and I work with a great team to help individuals, as well as small and not so small businesses get their message, product and services to the world using digital media and creating wonderful websites that don’t cost the earth.

I was born in Canada, and grew up around Vancouver and the mountains of British Columbia. My love of pristine environments led me to New Zealand and eventually to the mountains, lakes and rivers of the central North Island which is home. My family’s heritage is here, and it’s from here that Korio traverses the planet.

The digital world is never static and neither are we.

And I say ‘we’ because I work with an awesome group of talented people who I gather together as required to complete a project.  Whatever your business, not-for-profit or individual needs are we gather the best team to get the job done.

Collaboratively we are creative, share sustainable values and work hard for great outcomes because that’s the buzz of satisfaction that drives us.

If you have an audience and market to reach, we can make that happen. Creative design, words that work and smart behind the scenes stuff that cuts through the online noise. We’ll design your website and then build it. We’ll manage the content as well as all your hosting needs. We can handle your online advertising so you get noticed,
and we’ll manage your social media presence so you get the clicks, likes and engagement to grow your business. All within the budget you set, because none of this needs to cost the earth.  And the job doesn’t stop when your website goes live. We are your virtual business partner.

https://www.korio.co.nz
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