Machinery Management Strategies
Machinery is an expense with implications on taxes, labor and financing decisions. Use these strategies to measure the true costs associated with an equipment investment.
4 Minute ReadWhat would you like to do?
FarmLend can help you buy, lease or refinance equipment with attractive rates and farmer-friendly financing terms.
Competitive rates that make us the best choice for financing your equipment needs
We offer plenty of options that ensure you find the terms that work best for your operation and income stream
Get competitive rates and ag-friendly terms for new and used equipment
FarmLend offers highly competitive finance and lease options on farm equipment sold through private transactions (such as farmer-to-farmer equipment sales). Along with attractive rates, we offer ag-friendly terms that match the income stream of farmers and ranchers.
The following information is required to complete the application process:
FarmLend will complete a lien search on both the buyer(s) and seller(s) to ensure that FarmLend will be in the first lien position on this particular equipment.
Prior to the generation of documents:
Prior to release of funds:
Additional information may be needed prior to funding, subject to each individual transaction
FarmLend offers highly competitive finance and lease options for those who purchase farm equipment through an auction (both traditional and online). Along with attractive rates, we offer pre-sale credit decisions and ag-friendly terms.
The following information is required to complete the application process:
Prior to release of funds to the dealership, the following is required:
Prior to release of funds:
Additional information may be needed prior to funding, subject to each individual transaction
Consider having pre-purchase credit approval in your pocket before visiting the dealership for your new or used equipment purchase. Cash can give you a negotiating advantage to work your best deal. Once you confirm the asset and agreed upon price, a check minus the down payment will be sent the next day! Terms apply.
The following information is required:
Prior to release of funds to the dealership, the following is required:
Apply Online
Apply 24/7 and get competitive rates and ag-friendly terms for new and used equipment.
Receive a Credit Decision
For most applications, credit decisions are returned within seconds. Our goal is to process applications in three business hours.
Funds are Disbursed
Funds are issued to the dealership, auction company or seller.
Whether you purchase through a dealer, private party or at an auction, we offer attractive fixed and variable interest rates. Rates and available terms vary by equipment type and amount financed.
The typical period used to amortize equipment debt is three to seven years and up to 10 years on pivots.*
*Subject to approval
Get started on an Operating Line of Credit or Real Estate Loan today!
Machinery is an expense with implications on taxes, labor and financing decisions. Use these strategies to measure the true costs associated with an equipment investment.
4 Minute ReadWe teamed up with Farm Journal to ask experienced farmers to share their best advice with young and beginning producers. The result is Practical Wisdom – the sharing of knowledge from one generation to the next.
4 Minute ReadFarm loan affordability isn't just about the interest rate. Loan amortization payment schedules and alternative cash flow strategies should all be considered.
3 Minute Read*Rates and terms for individual customers are subject to credit approval. All rates, fees, and terms for each transaction will be set forth in the final documents signed by the customer. Those with variable-term loans may see rates and payments change from time to time. Fees may also apply. Leasing provided by Farm Credit Leasing Services Corporation. Loans provided by participating association of the nationwide Farm Credit System.