During the housing crisis, the Obama Stimulus Package passed and kept interest rates artificially low for encouraging investments, home-buying, and other economic improvements. The Federal Reserve maintains a targeted interest rate, which means that rate hikes occur at their discretion. There are metrics for gauging the health of the economy, such as the unemployment rate. When the economy appears in better health, the rates rise to meet their targets. This statistical information resulted in three interest rate increases since 2015, with more expected in the future.
When looking for a long-term facility solution for resolving operation costs, Performance Solutions knows how about managing increased interest rates. The increased rates will not result in an immense change, but it is now opportune to consider how this will impact business loans, financing, and commissioning. Performance Solutions' position is that savings is integral to your business's ROI. We reduce costs through building intelligence, as demonstrated here, but we will also give you an overview in lieu of the recent interest rate hike.
We facilitate our operations reviews and find the root cause of the problem. In general, we procure data about clients' future capital costs and plan together for a budget you control.
The first step in developing your budget is to examine your existing data collecting systems. We analyze whether these function effectively, if the mechanisms meet your metrics, and remedy existing problems. Secondly, we introduce an overlay that enhances the current system. Following that, we conduct real-time data capture across the entire portfolio. Lastly, we determine the efficiency capacity and exhaust all potential improvements.
Contact us today to learn more about our process!