In unpredictable markets, it’s crucial to keep your cashflow at healthy levels, especially if you’re experiencing slower periods.

One effective strategy is the early rewriting of existing vehicle and equipment loans with less than 12 months remaining, which often have a residual or balloon payment.

Here’s an example:

• Current Loan: $150k over 5 years, $30k balloon, $2,500/month
• Remaining Payments: 9, total payoff ~$52,500
• New Loan: Refinanced over 3 years, $1,650/month

Benefits:

• Save $850/month
• Manage balloon payments now
• Increase cash flow flexibility

We’ve helped many clients navigate these fluctuations by keeping cash outflows at manageable levels. Let’s discuss how we can assist you in structuring your finances effectively during these times.

Get in touch.