Client Position:
A conservative private farming family was a long time bank customer but felt they were not getting the best offering in the market. They did not have the time efficiencies to conduct an extensive review themselves so they engaged RSP to act on their behalf.
RSP Solution:
The client had a strong credit profile and was consequently very well received under the tender process to the selected panel of banks. Even though the loan was only for circa $850,000, RSP saved the client in excess of $15,000 p.a. in interest alone.
