Interest rates

PEF Commercial Finance takes on the challenge of rising interest rates

While PEF Commercial Finance offers a wide range of services, appreciating the importance of getting the transaction secured for the client in a timely manner and understanding the client’s needs is the first step they take.

Dedicated to providing brokerage and corporate finance advisory services, PEF Commercial Finance has been serving the trenchless industry for over 40 years. Providing friendly, prompt and courteous service to its clients, the Melbourne-based financial brokerage service prides itself on ensuring the best hassle-free business finance solution for each client’s specific needs.

The company prides itself on providing professional financial brokerage services to small, medium and large businesses with clients operating in a wide range of industries located across Australia.

With experience in dealing with some of the largest and most trusted financiers, lenders, bankers and credit providers in the country, PEF has the expertise to provide its clients with the best possible advice.

PEF aims to simplify asset finance applications, by having one of PEF’s experienced finance brokers coordinate, organize and compile a client’s documents for delivery along with any additional materials required. PEF then immediately organizes the final registration so that the customer can enjoy the use of the new professional equipment or vehicle, without the stress of having to organize formal documentation.

Financial Broker Theo Robotis has over 30 years of experience in the world of financial services and has been with PEF Commercial Finance for a decade. Robotis understands the challenges that clients in the resource and trenchless industry face when it comes to obtaining quality financial advice and assistance.

“If I sum up, the reason customers keep coming back to us is that we work hard to make sure they get the best deals possible,” says Robotis. “We step in and save them not only money, but also time by going directly to the most reliable lenders active in the market.”

“By contacting us to get your finances in order, when the opportunity arises to buy or lease equipment, you can find the asset you are looking for and be in a good position to negotiate good terms.

“We are here to facilitate all financial aspects from top to bottom; we step in, with a real understanding of how the industry operates in ways that a standard bank officer doesn’t, to help steer you in the right direction.

PEF knows better than anyone that it can be difficult to choose the right type of financing for your business needs and situation, especially during such a tumultuous time. But never fear, PEF has a locked-in interest rate guarantee that provides certainty and security for the duration of a client’s contract.

“Once a client signs their contract and it’s approved, that’s it. Whatever interest rate is guaranteed that day is locked in, even if interest rates go up,” says Robotis.

According to the Reserve Bank, as of July 5, 2022, interest rates are near historic lows and are expected to spike in the coming months. Looking at historical numbers, says Robotis, current interest rates are no reason to panic.

Still, locking in the rate now before it starts to rise is the best bet when it comes to getting your money’s worth, says Robotis.

But PEF doesn’t just help its customers save; the company understands that its clients need financing brokers as dedicated to their stability and secure as they are.

“It’s not just about securing the best interest rates or the best deal. It’s also about creating the assurance that even if something monumental happens in the market, our customers know that we have their vested interests and that no unpleasant increase in interest rates will surprise them,” says- he.

For more information, visit the PEFs website.

This article originally appeared in the August issue of Australasia trenchless

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