6th May 2022 

Restructure your loans…

As you will know, the Bank of England has just raised the base rate to 1% in an initial attempt to slightly head off the rate of inflation. Although this may seem an alarming fact , as it is the highest it has been since 2009, for those of us with a few grey hairs, we know this is still incredibly low against a few decades ago.

This will undoubtedly have a knock on effect to the cost of money across the board and where more obvious than mortgages and car loans. This increase may take a short while to reach our finance house panel, so now may be the opportunity to look at your loans and restructure them to lock in the current fixed interest rate level. This is more important if you have multiple loans with different lenders and maybe where they can be consolidated into one facility at a fixed and lower monthly payment.

Capital release, loan restructure and debt consolidation is our key business, so if you would like a review of your loan portfolio – please ask, even if you have one large loan and would like a review as to its competitiveness. 

How can we help you?

Loan consolidation – A review of your multiple loans with different lenders to reduce your current monthly commitment and fix the interest rate.

Loan re-structure – A review of current debt levels on assets financed to create a more manageable repayment plan. This applies to cars, machinery, boats, aeroplanes and commercial / business debt.

Capital release – Finance unencumbered assets to raise capital for business ventures, alternative acquisitions and general cashflow.

Balloon refinance – If you have a balloon payment due in the next twelve months, now may be the time to review and restructure. We may be able to lock in a cheaper repayment plan at todays interest rates.

As a business – we are dedicated to making it easier for you to monitor, understand and analyse the economic climate. We are more than just finance and want to ensure that the structure of your payment plans compliment the changes of interest throughout the term of your agreement. If you would like to discuss a potential re-structure or just to discuss your position, call the team today. As always, we are here to just talk things through and to see if there is any benefit to change.