Australian Bank Bill Swap Rates (BBSW), one of the benchmarks that underpins business funding costs, have been trending higher over the past six months.
At the same time, the Reserve Bank of Australia has shifted to a tightening bias, recently lifting the official cash rate and signalling the potential for further increases if inflation persists.
While the cash rate doesn’t always directly impact B2B funding, it reflects the broader direction of money markets, and funding costs are following.
What this means is simple: the cost of waiting is rising.
Securing fixed asset or equipment finance today for a 2–5 year term can protect your business from tomorrow’s potentially higher repayment environment.
If you’re a business planning to acquire equipment or assets, delaying that decision may cost more than you think.
If you’re an equipment or asset vendor, now is the time to partner with 3E Advantage and embed tailored asset finance into your sales process, helping your customers to lock in competitive asset finance rates now, before they trend upwards.
Contact us to talk to the 3E Advantage team today about your direct asset finance needs or our partner program today.