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Tracy Spence
Tracy Spence
Tracy Spence's Blog

The Positives of Agricultural Equipment Leasing

In these days of tough economic conditions, it can be difficult for the farming community to purchase the best possible farm machinery and agricultural equipment that they need. Owning and maintaining farm equipment can put a large strain on your finances, and any time out due to breakdowns or repairs directly affects your productivity and bottom line.

Because the needs of an agricultural based business can differ greatly from one farmer or producer to another, and with seasonal payment cycles affecting cash flow, it can make sense to look into agricultural equipment leasing instead of buying farm machinery outright.

There are many benefits to agricultural equipment leasing over owning your own equipment. Let's take a look at some of these benefits:

Access to the latest equipment

When you choose to lease agricultural equipment, you can gain access to the very best makes and models of farm machinery that will guarantee a high performance. This means that your productivity will always remain high, and there will be less risks of needing a timeout to fix any mechanical breakdowns or to repair or replace old or worn out components. Asset Funder offer excellent terms at highly competitive rates to assist you with your ongoing leasing needs. This gives you the reassurance of stable regular monthly payments at a fixed low rate of interest so you can budget more easily over the whole year.

Don't forget that through leasing, you can get the benefits of using expensive pieces of farm machinery that you may normally struggle to afford to buy from new. Also, because you will only be essentially renting the equipment for a period of time, it's not a permanent purchase that needs to be funded from your savings. Leasing highly specialised machinery can help you to take your business to the next level without having to deal with the long-term care and upkeep of an expensive farm asset that would otherwise steadily decline in value over the years.

The choice is yours

With agricultural machinery, you can lease almost anything. This means having access to a wide variety of high-spec specialist agricultural equipment that would normally be out of your price range when considering a permanent purchase. It is almost limitless as to what machinery you can lease for your agricultural business. Plus if you only need to use specific pieces of farm machinery for a short period of time, then you can look at short-term leasing which means that you don't have to think about housing it on your premises or have your money tied up in machinery that it sitting idle and unused for a large part of the year.

At Asset Funder, the types of agricultural equipment financing we provide for includes:

·         Biomass Boilers

·         Combine Harvesters

·         Farm Vehicles

·         Forestry Machinery

·         Milking & Dairy Equipment

·         Solar PV

·         Tractors

Because we have a long history of working with the agricultural community, we understand the challenges you face. This is why we specialise in flexible terms that can be tailored to suit your individual business needs.

Sourcing funding through us will allow you better cash flow management where you can keep your finances buoyant and ready to reinvest into your business. We can be there to support you as your business grows and develops.

For more information about our flexible agricultural equipment asset funding, feel free to contact one of our friendly customer service team members today. We are here to help!

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