The practical answer
Agricultural equipment may be considered where the lender accepts the asset, business and operating use.
Provide tractor identification, year, hours, service history, seller and price, and explain whether it serves the company’s own work or contracting customers. Seasonal income should be reflected in the forecast.
Agricultural demand and criteria can differ from construction plant. Ask about lender appetite for the actual machine and sector rather than assuming the same terms apply across all equipment.
Commercial finance is subject to status, lender approval and the specific asset and transaction. The right structure depends on the complete circumstances of the business.
What should I do next?
Have the asset details, supplier information and an outline of what the business needs ready. DCF can then discuss the requirement and identify which lenders may be suitable.
Read: Plant & machinery finance →