Category guide
Farm equipment financing
Farm equipment financing funds tractors, combines, harvesters and implements through a loan or lease — arranged through the dealer or an agricultural equipment-finance lender, secured by the machine.
What farm equipment financing covers
Farm equipment financing funds the purchase or lease of agricultural machinery — tractors, combines, harvesters, seeders and implements — secured by the equipment itself. It can be structured as a loan (you own it) or a lease (you use it and may buy it out later).
Dealer versus ag-finance lender
Equipment dealers arrange financing on-site, often through captive finance arms, while agricultural equipment-finance lenders and farm-credit institutions compete on rate and seasonal terms. Repayment can be structured around harvest cash flow.
How to compare and borrow smart
Compare the true annualized cost including all fees, and match the repayment schedule to your farm's income cycle rather than a flat monthly payment. Use the directory to compare farm equipment dealers and lenders near you by rating.