Agricultural finance is a type of finance that provides money for the purchase or production of crops, livestock, and other agricultural products. There are lots of different types of agricultural finance available.
Whether it’s a tractor or a combine harvester, we can help you find the right finance to make your farm more efficient!
How does agricultural finance work?
Finance can help farmers purchase agricultural inputs such as tractors and combine harvesters. It can also be useful for financing agricultural operations, including harvesting crops or raising livestock. Agricultural finance is typically offered in the form of a bank loan, which has a longer repayment period.
Finance for agricultural machinery also known as Equipment finance is also available which is low rate finance for purchasing tractors, sprayers harvesting equipment. In fact, anything to do with equipment for a farm.
This is usually a Hire Purchase agreement so you are certain ownership is passed over at the end of the agreement.
We have helped our customers finance
Trucks and trailers
We can even re finance old equipment to inject capital into the business.
Why would you use agricultural finance?
The biggest reason is to achieve ROI on your assets that means capital investment upfront and then you wait until you get the profits in!
Usually, the high cost of the asset means that spreading the cost is necessary to see a return or risk going bust in the meantime.
A word from our customers about our specialist business
“Tony was great no fuss just got on with the finance”
“Great service will use again”
Rates are very competitive and start at around 2% depending on the asset and the length of the agreement.
We have 20 years experience in helping our customers get the right finance product for their business.
We are authorised and regulated by the financial conduct authority Click here now to contact us about agricultural finance options!