Moving Forward: Blog
Lease or Buy?
Unlike that used work truck you may have paid for with cash, pre-owned farming equipment requires hefty sum to purchase. So you’ll probably find it necessary to obtain financing in order to afford a quality used combine, tractor or other piece of machinery essential to the success of your farm. Below you’ll find several different financing methods and terms, most of which are made available to purchasers of new or used equipment. Different outlets will offer different financing options, so be sure to contact the bank or finance company you’re interesting in working with to find out if they offer the loan that’s right for you.