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If you’re looking for ‘Big’, then you know where to go… you’ll find the adverts of our competitors just about everywhere.

Business people wearing purple ties and jumping in the air

If you’re looking for ‘Genuine’, ‘Authentic’, ‘Inclusive’, then let’s build your broking business together.

At Purple Circle Financial Services, we listen to the needs and wants of our members. You aren’t put in a queue with the rest of the ‘numbers’ waiting for a response to a simple question. At PCFS you are our first priority, you will be able to get in touch with any of our team members and feel like you are talking to your family.

Our members wanted:

A better CRM platform, so we delivered…
Salestrekker, the premium broker software CRM platform.

A way to discuss their loan situations and seek advice, so we delivered…
our Members-Only Facebook Forum.

To be heard and treated as individuals rather than numbers, so we delivered…
our ‘Steering Committee‘.

Further training and guidance on how to build their businesses, so we delivered…
monthly ‘Circle of Influence’ Meetings.

Help with their Social Media Marketing, so we delivered…
customisable Social Media Templates.

These are just a few of the ways that we are dedicated to providing our members with a genuine, authentic, inclusive experience.

When it comes to finding the right business partner, one who has a genuine care and desire to help you grow your business, bigger is not always better.

Small and Medium Enterprises (SME) Guarantee Scheme

The Scheme will enhance lenders’ willingness and ability to provide credit and will be available for new loans made by participating lenders until 30 September 2020.

The Government will provide eligible lenders with a guarantee of 50% per cent of new loans. Some generic terms are:

  • Businesses with a turnover of up to $50 million.

  • Maximum total size of loans of $250,000 per borrower.

  • Loans will be up to three years, with an initial six month repayment holiday.

  • Unsecured finance, meaning that borrowers will not have to provide an asset as security for the loan.

Reduced Interest Rates

Consider your current banking arrangements. The Reserve Bank has recently reduce the cash rate and lenders have passed this on to various loans they have.

Instant Asset Write Off

An increase in the instant asset write-off threshold from $30,000 to $150,000 30 June 2020.

Deferment of Loan Repayments for up to 6 Months

The banks are developing their own approach as to how to deal with requests from their clients for repayment holidays. Some are automatically granting the request, others are assessing the requests individually.