This recession is the longest since records began 55 years ago and it is producing winners as well as losers. But which one will you be?
With the economy unexpectedly shrinking 0.4% between July and September, we are now living in the longest recession since records began. The economy has now contracted 5.9% from its peak before the recession, as deep as in the 1980s recession. This is one of those economic milestones you really don't want to see, but there are some great opportunities amid the gloom.
With interest rates at a record low and with so many industries offering supplies at exceptional discounts, now is the time to invest in new assets for your business …………and Oracle Agricultural Finance would love to provide the funds!
Industry experts have suggested interest rates are likely to stay low for longer, because the Bank of England daren't raise them while the economic difficulties persist. Some have argued they could stay below 2% until 2014.
By taking advantage of exceptional discounts and record low interest rates, it means that you can get more for your money.
There are a range of asset finance solutions that allow you to link your agreement to current base rates to keep interest costs to a minimum. These options include fixed repayments for budgeting purposes or alternatively you can opt to repay capital and have your interest billed separately. The facilities can be tailored to your own requirements. For further details please call us today on 08450 949 100.
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