Agricultural Machinery Finance

Agricultural machinery finance lets farms, contractors and estates fund tractors, combines and sprayers on payments that reflect when the business is paid, so the right machine is ready when the season is.

From £1,000 with no upper limit
Seasonal payment plans considered
Over 200 lenders to approach

Plan your machinery purchase Speak to an account manager

Red tractor pulling a cultivator across a field on a sunny day, typical of agricultural machinery finance

Agricultural machinery and farm kit we fund

Tractor finance, harvest machinery and the implements behind them can sit on one agreement or be staged across seasons. Farms that also look after grounds or paddocks may want to see our grounds care equipment finance page.

Tractors

Tractor finance for general purpose, row crop and compact tractors, new or approved used, with loaders and front linkage.

Combines and harvesters

Combine harvesters, forage harvesters and headers, the big ticket machines tied to a short harvest window.

Balers and forage kit

Round and square balers, wrappers, mowers and tedders for hay, silage and haylage.

Sprayers and drills

Trailed and self propelled sprayers, seed drills and fertiliser spreaders for establishing and protecting crops.

Cultivation implements

Ploughs, power harrows, cultivators and rollers that prepare the seedbed.

Livestock and dairy equipment

Milking parlours, feeders, handling systems, bedding and slurry equipment for livestock and dairy units.

Trailers and transport

Grain trailers, flat beds and livestock trailers for moving crops and animals.

Vehicle finance

Telehandlers and utility vehicles

Farm telehandlers, loaders and four wheel drive utility vehicles for yard work and feeding.

Plant machinery finance

Combine harvester cutting a field of grain

Funding shaped by the farming year

Income arrives in bursts: a harvest, a milk cheque, a lambing season. We look for farm machinery finance that follows that pattern rather than a flat monthly line that ignores it.

Arable farms

Drills, sprayers and combines for the crop cycle.

Dairy and livestock units

Parlour, feeding and handling equipment.

Mixed family farms

Tractors that work across every enterprise.

Agricultural contractors

Machines that must earn on other people's land.

Estates and landowners

Fleet renewal across in hand and tenanted land.

Diversifying farms

Kit for farm shops, holiday lets and new income.

Three ways to fund your farm machinery

For farm equipment finance, your account manager will weigh up how long you keep machines, when the business is paid and whether you want to own them outright. For a view of what is happening across the industry, see the National Farmers' Union.

Hire purchase

Spread the cost over the term and own the machine after the final payment. A solid choice for tractors, which tend to hold their value and stay in service for many seasons.

Best for tractors and implements you will keep for the long term.

How hire purchase works

Finance lease

Pay a fixed rental to use the machine without owning it. Rentals are usually treated as a running cost, and you can often upgrade when the agreement ends.

Best for sprayers and harvesting kit you would rather renew than resell.

How a finance lease works

Sale and leaseback

If you own machinery outright, release cash from it and carry on working with every machine. Farms use this to cover a lean year or fund a new building.

Best for farms with a paid off line up and a larger project ahead.

How sale and leaseback works

From dealer quote to machine in the yard

Dealers often quote ahead of the busy months, so we work to turn an agricultural machinery finance application round quickly enough to hold your delivery date.

Step 1

Get your quote

Choose the machine and ask your dealer for a written quote, whether it is tractor finance or a full line up. Used machines from an established dealer are welcome too.

Step 2

Tell us how you are paid

Complete a short online application and let us know when the farm's income arrives, so the payments can be structured sensibly.

Step 3

Get a decision

Lenders that understand farming accounts review the deal, and we reply within 24 hours.

Step 4

Sign and collect

Sign electronically, the lender pays the dealer and the machine is delivered to the farm.

Example: replacing a tractor and sprayer on an arable farm

An arable farm has a tractor that costs more in repairs each season and a sprayer that no longer meets the farm's needs. Both are wanted before spring work starts, but the main income does not arrive until after harvest.

Funded over several years through tractor finance, the machines arrive in good time and the payments are planned around the farm's cash flow instead of leaning on the overdraft. A part exchange value on the old machines can also reduce the amount to fund. Our guide to asset finance and cash flow covers the thinking behind this.

Your accountant can say how the payments will sit in your accounts, and our tax relief page sets out the basics, including how lease rentals can often be offset.

Work out the payments

Typical spring package

150 horsepower tractor with loader£95,000

Trailed sprayer£38,000

Six metre seed drill£32,000

Mounted fertiliser spreader£8,500

Grain trailer£14,500

Total funded£188,000

All figures here are illustrative. The monthly cost for your farm depends on the lender, the machines and how long the agreement runs.

Agricultural machinery finance questions

Cannot see your question? Our full FAQs cover deposits, rates and eligibility, or you can talk to the team.

Useful downloads

Agricultural machinery brochure Benefits of leasing Leasing FAQs

Thinking about timing? Read our guide to summer business funding and equipment finance.

How do seasonal payments work for a farm?

Some lenders will consider payment profiles that follow harvest, milk or lambing income, for example with larger payments after the main sales. This depends on the lender and your accounts, and is subject to status.

Can contractors apply, or only farms?

Contractors, partnerships and family farming businesses can all apply, as well as limited companies. Lenders focus on how the machine will earn, so a diary of regular contract work helps with farm equipment finance applications.

Can I finance used tractors and implements?

In many cases, yes, when they come from an established dealer. The term depends on age and hours, and older machines may attract a shorter one. Safety guidance for working with farm machinery is on the HSE agriculture pages.

Can livestock or dairy equipment be financed?

Yes. Milking, feeding and handling systems can usually be funded, and installation can often be included where it appears on the supplier's quote.

Can I fund a farm diversification project?

Equipment for farm shops, holiday accommodation and similar ventures can often be funded. Our glamping pod finance page shows how that works for accommodation.

Can I release cash from machinery I already own?

Yes, through asset refinance or sale and leaseback. A lender advances cash against the machines and you keep using them. Many farms do this to ease a quiet year or start a project.

Ready to plan your next machine purchase?

Tell us what you want to buy and when your income arrives.

We will find lenders for your agricultural machinery finance and reply within 24 hours.

Get a farm quote Call 0191 250 1550