FAQs

Commercial loan applications require financial documentation on the business enterprise. Where a new grower does not have these records, they may require a low doc or no doc solution. These are available through specialist lenders and brokers.

Land preparation and planting machines can be financed with the producer’s choice of Lease, Chattel Mortgage, Hire Purchase and Rent-to-Own. The best solution is the facility that best matches the requirements of the operation.

Yes. Machinery financing applications may be approved prior to a purchase, based on an estimated loan amount and information on the machines being considered.

Aerator financing is available with the choice of Hire Purchase, Rent-to-Own, Lease and Chattel Mortgage.

All asset acquisition financing products include tax deductions. These deductions vary with the choice of credit facility.

Interest rates on new and second-hand disc plough loans can vary, depending on the lender assessment of the application and the equipment.

Asset finance is typically arranged with fixed terms and fixed rates to allow for a fixed monthly repayment schedule.

With Lease, the lender retains ownership while the borrower has full use of the planter during the financing term. When all payments including the residual are made, the borrower owns the planter.

Using an online finance calculator allows buyers to compare estimated loan repayments on different models with the need to request a quote from a lender.

Terms approved on seeder loans will be dependent on individual lender guidelines and the strength of the application. 7 years is a typical term for asset finance.