The current economic climate has triggered, for many, a re-assessment of their financial arrangements.  Finance is linked to risk.  Heavy gearing can make a business very vulnerable when turnover, and then cashflow, falls.  Further inflexibility of financial arrangements can leave businesses and individuals paying high (comparative) interest costs.

For example, a fixed loan at 10%pa for 5 years would now be regarded as a huge interest burden (compared to current variable rates).

A re-assessment and possible re-structuring of financial arrangements can be beneficial and, in some cases, vital in adapting to economic changes.

If you wish to seek a review of your financial arrangements please contact our office.