13 Oct Agricultural Case Study October 2021
Case Study – Refinance to better rates and loan structures
The client contacted us as they felt they were paying higher interest than the current market and did not feel that they were valued as clients.
It turns out that they were correct. Keeping lending limits the same as their current lender, straight away they saved $22,000 per year in interest.
By adjusting the loan limits on their overdraft, utilising a redraw facility and restructuring other loans they saved another $3,000 per year. Total savings $25,000 per year.