Current Dairy payout and farm incomes are looking volatile and certainly creating pressure on farming cashflows. In time this will potentially affect regional businesses cashflows as farmers reduce spending.

Looking for ways to assist cashflow and reduce the volatility of payout is important when planning and revising your financial requirements.

CMK offer a range of services from cashflow budgeting to our own payments services.

feeSmart is a joint service that CMK offers to enable clients to cashflow their accounting fees.

feeSmart has a very competitive interest rate especially if the 3 or 6 month option is taken up. Whilst your statement only shows a 6 month or 12 month option there is a very attractive 3 month option at rate of 3%.

Advantages of feeSmart are;
• Preserve existing cash and credit lines for other business needs.
• Enjoy the benefits of smaller, more budget-friendly, monthly payments rather than a large single lump sum.
• Remove the stress associated with being an overdue debtor with a key professional adviser.
• Claim the tax deduction on any interest payable for the facility.

If you would like to take advantage of this opportunity then please email us on [email protected] or phone our office on 06 765 6178.