It will be clear to most of us by now that this Covid-19 pandemic has taken a toll on our own and also global economic growth.
There are signs however that attempts are well advanced to increase economic activity by offering incentives to buy!
So, what are some of the things that organisations Thompson McNeill has connections with offering?
Firstly, bank lending restrictions have led to a flow of good customers to non-bank lenders. One of those lenders Resimac, says it is perfectly placed to service the non-bank sector and it has recently grown its lending customer base by nearly 30%
Personal finance provider NZCU Baywide provides many examples of clients who are able to consolidate personal loans at significant monthly savings, and also provide home loans for people with lower deposits.
A recent entrant to the small business lending market, Prospa is constantly providing material about customers it has been able to help with loans from 3 to 24 months. Their current offering is designed to help NZ small businesses get back on track with a “no repayments for the first 8 weeks” package.
Let’s leave the world of lending for a moment and have a quick look at that most important insurance product - health insurance. Leading health insurer Nib is offering 2 Months FREE after the payment of the first monthly premium, with conditions that can be met by Thompson McNeill by the 31 January 2021.
There has been talk in recent times of “ethical” investing by funds managers investing savings funds on our behalf. Major KiwiSaver provider GENERATE, has recently become a “cornerstone” investor in the Salvation Army Community Bond.
So, if you’re ready - there’s plenty happening out there. If you want to know more give us a call on (03) 2818605 or email: