Farm Asset Finance, Leasing and HP Finance Specialists
Asset finance involves paying a regular charge to use the asset over an agreed period which avoids paying for the equipment outright at the beginning. The most usual types of asset finance include equipment leasing and hire purchase.
Farm Asset Finance, Leasing and HP
Finance for Agriculture specialises in providing fast and competitive farm asset finance quotes on farm equipment, farm machinery, trucks and trailers necessary to run your farm or rural enterprise. As specialist Agricultural Finance Brokers, we source and secure the most competitive finance deals for our clients.
Leasing and hire purchase (HP) are popular forms of finance to obtain farm equipment, farm machinery and other assets without large upfront costs, which can put a strain on both cash flow and working capital. We can raise finance or re-finance existing assets provided there’s a serial number and a value of £2,000 or greater.
What can farm asset finance fund?
- Tractors
- Harvesters
- Spreaders and Sprayers
- Manure Spreaders and Systems
- Utility Vehicles and Bikes
- Trailers
- Milking Parlours
- Tractor Units
- Rigid Trucks
- Semi Trailers
- Vans
- Livestock Equipment
- Tillage Equipment
- Irrigation Equipment
- Spreaders and Sprayers
- Turf Equipment
- General Farm Equipment
- Harvesting Equipment
- Grain Handling and Storage Equipment
- Hay and Forage Equipment
- Planting Equipment
- Manure Spreaders and Systems
Benefits of Leasing
Leasing is a tax and cash efficient way of financing equipment for your business, it keeps the asset ‘off-balance sheet’ and offers the following key benefits:
- It provides immediate use of the asset without paying for it all at once
- It frees up working capital and bank loan/overdraft facilities for business growth
- The lease contract is structured for the length of time you require the use of the asset
- Sale & Leaseback allows you to release capital in assets that you already own
- It offers the most tax-efficient structure for your business
- HP usually involves a deposit and fixed payments over an agreed term
- We can provide a solution irrespective of credit history or previous problems