Purchasing a tractor is a significant investment. Understanding your financing options can help you make the best decision for your operation's cash flow and tax situation.

Traditional Bank Loans

Bank loans typically offer competitive interest rates for qualified borrowers. Terms usually range from 5-7 years, with fixed or variable rate options available.

Manufacturer Financing

Equipment manufacturers often provide attractive financing programs, including low-rate promotions and seasonal payment plans that align with your cash flow.

Leasing Programs

Leasing can provide lower monthly payments and potential tax advantages. Consider both operating leases and capital leases based on your needs.

Government Programs

Various government programs, including FSA loans and EQIP cost-share programs, may help with equipment purchases for qualifying operations.