FAQs

New businesses that do not have complete financials to be eligible for commercial credit can apply for no doc and low docs funding through specialist lenders and brokers.

Farm machines can be financed with Chattel Mortgage, Hire Purchase, Lease and Rent-to-Own.

Yes. Conditional pre-approval of financing can be obtained prior to purchase of the assets.

Interest rates vary with lenders, with individual applications, and with the selection of credit facilities.

All commercial credit offers tax deductions. How deductions are realised varies with the selection of credit facilities.

Financing for new and used farming machinery can vary. Lenders review the age and condition of assets when preparing offers.

Most lenders secure commercial asset acquisition financing at fixed interest rates.

Operators can use an online calculator to obtain rough estimates of equipment finance.

Agri machinery finance terms are subject to individual lenders and individual applications. Up to 84 months is a typical term.

Where accessories are purchased from the same dealer at the same time as the machine, the entire package is typically included in the one financing arrangement.