Billions in profits and millions in pay packets

Banks are counting their half year profits in billions because the executives can make multi-million-dollar pay packets that way. Banks have so much spare cash that they don’t know what to do with it. Loan seekers are gazing at their crops or livestock and wondering how they can share in some of that wealth.  How can they work so hard for so little while bankers do so little to earn so much? Farmers are now working  with their banking consultants to see how they can keep their  farms in the family and profitable by securing better loans. Sadly they often rely on people who are not really working for them at all – like bank paid brokers, or professionals and counsellors with close ties to the local bankers. While loan seekers look for funds to expand, banks are busy buying back their own shares to use up some of their spare cash.

Farm loan seekers face triple trouble challenges

Farm loan seekers face triple trouble with seasons, commodity prices and government policies driving many to distraction. But farmers are very resourceful and careful with their money. They have an easy way to get the very best farm loans, thanks to a farmer/accountant who ran his own sheep and cattle and  thinks that banks should be a lot fairer to their loan customers. His farm loan seeker website puts the banks & other lenders into the financial sale yards of www.farmloanseekers.au  to see what offers they can come up with when competing against each other for the farmer’s business. Banks sure can sharpen their pencils when forced to consider what their opposition is offering, not just on rates and charges, but terms and conditions as well. Greg Bloomfield ran businesses and joined his first public company board when he was 21. He was a Fellow of the Institute of Directors by 24, just before qualifying as a Chartered Accountant, CPA and company Secretary. He chaired one of the largest branches in NSW Farmers for years. Greg knows that the best family  farm security comes from having lenders compete for your business and having a consultant to whom your financial security is the absolute top priority. It is staggering the number of farms that get sold up without a fight. Farmers don't give up when confronted with a mob of sheep or cattle, drought or flood. They should fight the bank for as long as they can stand. Chances are the bank has cheated or robbed them somewhere and that helps them negotiate a fair settlement of debt to re-finance. GBAC has been helping farmers all over Australia do that for half a century and clients only deal with the bosses at GBAC, so they know what they are doing.