Upgrading machinery is one of the biggest capital decisions a farming operation will make. Whether it’s a new header, a GPS-guided tractor, or irrigation infrastructure, equipment finance allows producers to spread the cost over the asset’s useful life while preserving working capital for daily operations.
Lease vs. Loan: Choosing the Right Structure
Chattel mortgages, finance leases, and operating leases each offer different tax and cash flow benefits. The right choice depends on your operation’s structure, GST position, and how long you plan to hold the asset. A good broker can model the options side by side.
What Lenders Look For
Lenders assess equipment finance applications based on the asset’s residual value, your operation’s cash flow history, and the purpose of the purchase. Newer equipment from recognised manufacturers typically attracts better rates and higher LVRs.
At Pay In Time, our broker and capital partner network includes specialists in agricultural equipment finance across all four of our operating regions. Whether you’re in the Riverina, Canterbury Plains, Alberta prairies, or the American Midwest, we can connect you with the right lender.
Need equipment finance? Find a specialist lender in your region.
