Farm Equipment Financing - We're on Your Side.
No matter what state your operation is in, John Deere Financial can provide customized solutions - from a variety of farm equipment financing options that better match your cash flow to flexible and innovative input financing. Whatever the markets, weather, or life’s circumstances bring, we’ll be here to help your farm succeed - for generations to come.
Farm Equipment Financing: Benefits of Loan vs. Lease
Taking out a loan to purchase and leasing farm equipment both have their advantages. Which one is best for you depends on your operation’s goals at any given time. Compare the advantages of loans and leasing to find out which one best matches your farm's needs.
Loan Advantages
- You can depreciate your equipment.
- No limit on your equipment’s hours and wear.
- You’re building equity - you own the equipment when you’re done paying for it.
- Terms and payment schedules can be customized to meet your income stream.
- Equity can be rolled over every 1-3 years, helping you trade in your equipment for a new model.
- You may see tax benefits.†
Lease Advantages
- Combine leasing with PowerGard™ extended warranty, and know your total cost to use your machine.
- An opportunity to pay less upfront.
- Generally, you may make lower payments than with an installment loan.
- You may see tax benefits.†
- Deploy equity elsewhere in your business instead of building equity in the equipment.
Farm Equipment Loans or Lease? Questions to Ask†
In addition to filling out an application, start thinking about the answers to these questions before you meet with your John Deere dealer.
- Is my operation stable, expanding, or downsizing?
- What are my cash flow needs?
- How long will I need the equipment?
- Is running the newest and latest technology important to my operation?
- Is running farm equipment under warranty important to my operation?
5 Tips for Maintaining the Value of Your Leased Equipment
Taking care of your leased equipment pays off! Check out these 5 simple tips to maintain the value of your equipment.
Used Agricultural Financing
John Deere Financial offers competitive financing for the top-quality used agricultural equipment offered by your local John Deere dealer.
We Can Finance Your Other Business Needs Too.
We offer financing solutions for attachments, parts, service, precision upgrades, and other necessities for your operation.
Tractor Attachment Financing
Have attachments installed on your tractor when you purchase it, and bundle everything into one low loan payment.
Multi-Use Account™
Finance all your day-to-day and seasonal farm purchases - from parts and service to seed and feed.
Compact Equipment Financing
Let us finance other types of machines for your farm, such as compact construction equipment. Skid steers and compact track loaders can fit into tight spaces like barns and bins, making them hard-working farmhands.
Agricultural Financial Tips, Resources, and Expert Advice
You’re thinking about your farm around the clock. So are we. Check out these articles for fresh ideas and insight for boosting profitability and managing seasonal cash flow.
You May Also Be Interested In
Online Payments
Make managing your John Deere accounts simple and paper-free.
†John Deere Financial does not provide legal or tax advice. Please consult a professional tax advisor or accountant for your specific needs or qualifications.
‡This pricing estimate is for research purposes only. The pricing above is not a price quote and does not represent a financing offer from John Deere Financial or any other party. Actual prices, payments, and taxes may vary. Prices are in US Dollars only. See your local dealer for information and details regarding John Deere Financial and other financing programs.