Agriculture Equipment Finance

Finance your agriculture equipment

Agricultural equipment is the foundation of a farm’s operation, from tractors and telehandlers to balers, sprayers, and cultivation machinery. Whether you’re running a mixed farm, an arable enterprise, or a specialist horticultural business, the right new or used machinery is essential for maintaining productivity and efficiency standards.

Our dedicated agriculture finance team can help, whether you’re looking at hire purchase, finance lease, or an unsecured loan, we’ll work with you to find a structure that suits your business and your cashflow.

Whether you’re upgrading ageing machinery, expanding your fleet ahead of a busy season, or investing in new technology for the first time, we’ll help you navigate the options and secure funding that works for your operation.

We can also arrange finance for other new and used farming assets including combine harvesters, field sprayers, and woodchippers.

What is agriculture equipment finance?

Agricultural equipment covers a broad range of machinery and assets, from tractors and harvesters to irrigation systems and grain storage units. Purchasing these outright often requires a significant commitment of capital, which can place strain on a farming business at a time when that cash could be working elsewhere. 

At UK Business Finance, we can arrange finance for the purchase of new or used agricultural equipment, as well as structure refinance agreements for assets your business already owns. Finance terms can be tailored to your specific needs to align with your business's financial position and income profile.

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With full market access and absolutely no ties to any lender, we can objectively match you with the most effective and cost-efficient source of business finance. Contact our team today!

Benefits of agriculture equipment finance

Protect working capital 
Committing a large sum to a single equipment purchase can leave a farming business short of the cash it needs for fuel, labour, and other day-to-day costs. Spreading the cost of agricultural equipment across a structured repayment plan means capital stays available for the full range of operational demands, rather than being concentrated in one asset purchase. 

Release funds through asset refinance 
For businesses that own agricultural equipment outright, refinancing provides a way to release the value tied up in that asset without losing the ability to use it. The asset is sold to the funder and leased back, giving the business access to a lump sum that can be directed towards new purchases, growth investments, or other financial commitments. Ownership transfers back at the end of the agreement once all repayments have been made. 

Keep up with advances in farming technology 
Agricultural machinery continues to develop, with newer equipment offering improvements in precision, fuel efficiency, and output. Finance gives farming businesses access to up-to-date machinery without the barrier of a large upfront cost, ensuring operations benefit from better technology without placing undue pressure on working capital. 

Predictable repayment structure 
Finance agreements are built around fixed monthly repayments, which makes forward planning considerably simpler. Knowing exactly what is owed and when means a business can set aside the necessary funds in advance, reducing the risk of unexpected financial pressure during quieter periods in the farming calendar. 

Terms built around your business 
No two farming businesses are identical, and finance arrangements do not need to be either. The deposit amount and length of repayment term can all be structured to align with the specific financial circumstances of your business, including the income patterns and cost cycles that are common in agriculture. 

How we helped a mixed farming business invest in new machinery

A Lincolnshire-based mixed farming business contacted UK Business Finance to arrange finance for a new tractor and a replacement round baler for their arable and livestock operation.

The business had been managing with aging machinery that was becoming increasingly costly to maintain, resulting in them requiring a more reliable solution ahead of the upcoming season. We were able to arrange £78,000 in funding across both assets, structured over a 60-month hire purchase agreement.

The deal included a seasonal repayment structure to ease cashflow pressure during the quieter winter months, aligning repayments with the farm’s income cycle. The customer was pleased with the competitive rates secured and the speed at which the deal was put together, allowing them to take delivery of both machines before the spring workload began.

Apply for agriculture equipment finance

UK Business Finance operates as a commercial finance broker, giving your business access to an extensive range of lenders who specialise in funding solutions for the agricultural industry. We take the time to understand your situation and match you with the right financial product to the needs of a range of UK agri-businesses. 

Here is how we can help: 

• Receive a free quote within 60 seconds
• A carefully selected lender panel to find the most fitting finance option 
• We manage and prepare the full application to lenders, 
• An experienced team with a thorough understanding of agricultural equipment finance, committed to delivering results 

For further details on agricultural equipment finance, please reach out to our dedicated team.