Effectively managing your business savings entails navigating a network of financial intricacies. Typically, business savings are earmarked for unforeseen economic challenges, with compounding interest serving as a buffer. However, an alternative avenue exists to capitalize on your savings without exposing them to market volatility.
What is a Fixed Investment?
A Fixed Investment is a tenured deposit account offering competitive interest rates on business savings till maturity. A Fixed Investment adopt and support a lock feature which establishes a disciplined approach to savings.
To get started with Fixed Investment, here are five facts you need to know:
Low Risk
Unlike other investment channels, deposits in a Fixed Investment are shrouded from market factors and unpredictable influences. Your initial deposit and accumulated interest rate are safe.
Earn More With Longer Tenure
With Fixed Investment, businesses can deposit and lock their savings as low as 30 days to one year. The longer you lock your savings, the higher profits it compounds.
A Fixed Investment is not a Savings Deposit:
Unlike a savings deposit, businesses are guaranteed interest with Fixed Investment and businesses can have multiple accounts within the same financial institution.
Rollover Rewards
Upon maturity of investment, you can request to roll over funds at no extra costs. It undergoes the same process and yields even higher rewards.
Collateral
Fixed Investment can be used as collateral to request loans in some financial institutions. However, not every loan lender conforms with this process.
Investing in Fixed Investment is a reliable and secure way to efficiently utilize your business savings without influences from market factors. It offers many businesses a sure path to financial stability while bolstering profitability.