Farm Machinery Finance

Spread the cost of farm machinery from £5,000 to £300,000+ with flexible finance options. HP, lease, or refinance — compare rates from 40+ lenders.

Typical Cost

£5k – £300k

Approval Speed

24–48 hours

Seasonal payments available

Rates From

From 4.5% APR

Finance options

Hire Purchase (HP)

Rate: From 4.9% APR
Term: 12–72 months
Deposit: 10–20%
Ownership: Yours at the end
Best for: Farmers wanting to own machinery outright

Finance Lease

Rate: From 4.5% APR
Term: 12–72 months
Deposit: None required
Ownership: Return or buy (balloon payment)
Best for: Tax-efficient — claim 100% of payments against profit

Operating Lease

Rate: From 5.2% APR
Term: 24–60 months
Deposit: None required
Ownership: Return at end
Best for: Access latest precision agriculture tech. Off balance sheet.

Representative example

Borrow £50,000 over 48 months at 5.9% APR (fixed). Monthly repayment: ~£1,040. Total amount payable: ~£49,920. Rates depend on your circumstances.

Popular models

Model	Price Range	Type
Kverneland 2500 i-Plough	£20,000 – £40,000	Reversible Plough
Vaderstad Rapid 400C	£60,000 – £100,000	Seed Drill
McHale Fusion Vario	£45,000 – £70,000	Baler Wrapper
Amazone Pantera 4504	£150,000 – £250,000	Self-Propelled Sprayer

Tax benefits

Farm machinery qualifies for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in year one — up to £1,000,000. HP gives access to capital allowances. Lease payments are fully deductible from farming profits.

Market context

UK farmers invest over £3bn annually in machinery and equipment. Precision agriculture technology adoption has doubled in the UK over 5 years. The average UK farm holds £350,000 in machinery assets.

Bad credit?

Several of our 200+ lenders specialise in businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options exist. Our eligibility check uses a soft search only — no impact on your credit score.

Frequently asked questions

Can I finance used farm machinery?

Yes. Most lenders finance used machinery up to 12 years old. Well-maintained equipment holds value well in agriculture. Independent valuations are required for older items.

What deposit do I need?

For hire purchase, most lenders ask for 10–20% deposit. Finance leases and operating leases often require no deposit. Larger deposits reduce monthly payments.

Are seasonal payment plans available?

Yes. Agricultural lenders commonly offer seasonal profiles aligned to farming income — lower payments in winter, higher post-harvest or after livestock sales.

Can I finance multiple items together?

Yes. Many lenders offer package deals for multiple machinery items. This can secure better rates than financing individually.

Ready to finance your farm machinery?

Compare rates from 200+ lenders. No credit check.

Check Eligibility →