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Every business is different and a tailor made approach is required for each and every business. Your interest rate strategy must be aligned with specific goals as stated in your business plan, your equity position, and your cash flow together with future acquisition and/or debt repayment plans. I...

The fixed versus floating discussion is always being raised by clients and it really is important you choose the type of interest rate that best suits your business. Fixed rates will provide you with more certainty and stability over the term of the loan. Floating interest rates, on the other han...

Principal Repayments You can set up your loans to pay interest payments and repay debt on a monthly basis. The obvious advantage here is that you are consistently reducing your debt. This is a good policy as long as your cash flow allows it. Interest Only Loans As simple as it states, int...

Banks offer clients 30, 60 and 90 day money, known as wholesale term loans. The bank will usually notify you of the rollover period (30, 60, 90 day), as well as advising you of the base rate and margin, providing full transparency around pricing. On the surface, there is some rounding that applie...

All in one loans relate to one loan agreement which has a number of fixed term time buckets within. This allows you both flexibility and security. Most banks offer these loan products and they are sold as options with minimal banking fees. In some cases, all in one loans are not as transparent w...

Based in Taranaki, the CMK team is 30 people strong, servicing around 1,000 small to medium businesses. At CMK, family based small and medium businesses are our passion. We recognise that businesses like yours are the backbone of the country and we are committed to supporting you grow and succe...

BUT WHAT WILL IT MEAN FOR ME? The outcome of the consultation phase on tax simplification may still change how or whether some aspects are implemented but it seems certain that the broad outline of the changes will go through. YOU NEED TO KNOW TO GROW You could be the best farmer in tow...