Perks Chartered Accountants
Financial Alert
 

Interest Rate Update.

Perks Finance can assist with all your finance requirements. Please do not hesitate to contact us to discuss your finance options and obtain the most competitive quotes from our panel of lenders.

Indicative Interest Rates available through Perks Finance are:

Equipment & Motor Vehicle Finance 1 &2
Chattel Mortgage, Hire Purchase, Lease

 7.02%

Business Loans 3
Fixed 1 year

5.20%
Fixed 2 years

5.39%
Fixed 3 years

5.75%
Fixed 4 years

6.39%
Fixed 5 years

6.39%
Fixed 10 years

7.60%
Variable

5.69%
Overdrafts

5.74%

Home Loans 4

Comparison Rate
12 months Introductory Variable

4.61%

4.91%
Standard Variable

4.94%

4.95%
Line of Credit

5.04%
Fixed Rates:
1 year

5.24%

4.97%
3 years

5.34%

5.67%
5 years

5.94%

5.86%
Low Doc Variable

5.04%

Interest Rates for Business Loans secured in full or part by commercial security are calculated by the bank or financier based on your individual circumstances.

Please contact Perks Finance for a personalised quote.

1 Rates are dependent on term, balloon, type and age of equipment.
2 Rate based on $50,000 new vehicle over 5 years with nil balloon.
3 Fully secured by residential security. Other rates available upon request.
4 Comparison rates based on $250,000 over 25 years. Comparison rates are available upon request or from the office of Perks Finance Pty Ltd.

Terms, conditions, rates and charges apply to all lending products.

Phil Wigley
Director
pwigley@perks.com.au
Phil Wigley

Are you getting the biggest bang for your buck from your bank?

How much of the recent RBA rate reductions has your bank passed on to you?

The answer is probably very little!

In the current volatile finance market, banks have been very slow in passing on savings to their business customers.

There has never been a more important time to take check of your banking requirements and ensure that you are getting the best possible deal.

One of the main services Perks Finance offers our clients is Finance Audit and Advice.

Even if you are not looking to borrow additional funds or wishing to change your current bank, we may be able to assist you to save money.

If you are not sure if you are obtaining the best possible deal from your bank, we would be pleased to assess your current banking arrangements.  We can either find an alternate financier for you, or negotiate on your behalf to get a better deal from your existing bank.

Ask yourself:
  • Does my bank really need all this security?
  • Do I have to provide a personal guarantee?
  • The bank also has my house as security but I'm still paying business rates and hit with fees and charges, is there a better way?
  • Can I get a better margin on my business loans?

At Perks Finance we have the answers!

Let us review your financing requirements with a free, no obligation assessment of your current financing arrangements by contacting one of our team on 8273 9300 or at perks_finance@perks.com.au

 

 

 

Finance Review and Audit.

If you are not sure you are obtaining the best possible deal from your existing bank, we would be pleased to assess your current banking arrangements. We can either find an alternate financier for you, or negotiate on your behalf to get a better deal from your existing bank.

 Official Cash Rate.

Australia 3.00%
United States 0.25%
England 0.50%
New Zealand 3.00%

Australia

  • Building Approvals for private sector houses rose 0.1% in February 2009.
  • Housing Finance for Owner Occupation increased by 0.4% in February 2009 compared with January 2009. 
  • The Unemployment Rate increased by 0.5% to 5.7% in March 2009.

United States

  • CPI increased 0.4% in February 2009.
  • The unemployment rate for March 2009 increased to 8.5%.

England

  • The volume of retail sales in the three months to February 2009 was 2.0% higher than the same period a year ago.
  • The Halifax House Price Index decreased by 1.9% in March 2009.

New Zealand

  • Residential building consents in February 2009 were 42% lower than in February 2008.
  • Total retail sales fell 1.1% for January 2009 compared with December 2008 quarter.

 

For more information please contact:

 

Phil Wigley at pwigley@perks.com.au,

 

John Seidel at jseidel@perks.com.au,  

 

Jim Materne at jmaterne@perks.com.au or

 

Maryann Ianni at mianni@perks.com.au

 

Contact Perks

Adelaide
247 Fullarton Road
Eastwood SA 5063
T: (08) 8273 9300
F: (08) 8274 1466
Web: perks.com.au

Victor Harbor
163 Hindmarsh Road
Victor Harbor SA 5211
T: (08) 8552 3711
F: (08) 8552 3771

Darwin
59 Smith Street
Darwin NT 0800
T: (08) 8941 8600
F: (08) 8941 9600

Alice Springs
73 Hartley Street
Alice Springs NT 0870
T: (08) 8953 4400
F: (08) 8953 4599

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