Please use the Farm Equipment Finance Calculator below to access an instant quote. For projects over £100,000, please contact us to find out more.
Amount
£1,000.00
Term
1 Years
Monthly Payments
£97.71
Flat Rate
17.25%
Total Payable
£1,172.50
If you are interested in purchasing equipment for your farm, then please feel free to use our simple, free to use farm equipment finance calculator. With more cash being tied up into the day to day running of a farm than ever before, it has resultd resulting in a restriction to cash flow. Thousands of farms throughout the UK are financing their agricultural equipment, including: Tractors, Fertiliser Tanks, Biomass Boilers, Harvesters and Horse Boxes.
With instant quotes available from £1,000 to £100,000 and with a term from two to five years, this farm equipment finance calculator is perfect to give you an idea on the monthly rental for your purchase.
We understand that some machinery has a price over £100,000, if this is the case then please speak to a member of the team on 01494 422 967 and we can send over some accurate figures for your consideration.
We can arrange leases for farms from six months up to a five-year period. The term does not have to be exactly a year long, agreements can be funded over any period of time between six months and five years. For example, you can lease over 25 months or coincide the number of months rental with your year end. Most finance companies are reluctant to finance farm equipment over a period in excess of five years. Their rational is that the rental term should match the useful life of the equipment, although a lot of the time the farm equipment will last longer.
About 80% of machinery leases we arrange are over the maximum 5-year period, with the rentals being repaid on a monthly or quarterly basis. The majority of farm equipment leases are written using a hire purchase agreement, which is available through leasingcalculator.co.uk.
Please use our agriculture equipment leasing calculator to obtain a second quote. Even if you do not arrange the finance through us, you can still use it to benchmark against other quotes.
Our farm equipment finance calculator can help you define monthly/quarterly prices even before you have chosen the farm equipment or supplier. Often, customers will ask us to undertake a pre-credit approval, so you can confidently speak to farm equipment suppliers knowing the funding is in place.
Leasing equipment in the renewables equipment sector is a growing market. Leasingcalculator.co.uk can finance a range of renewable energy equipment including solar panels and wind turbines. For more information on this equipment, please call us on 01494 422 967 or email info@leasingcalulator.co.uk.
In November 2016, WestWon purchased the customer base and intellectual property of Tech5. (www.tech5.co.uk) Tech5 was founded in 2000 and specialised in turf care, gardening, farming and agricultural machinery leasing. The company leased over 1,700 unique bits of equipment to over 1,200 customers. Within this customer base is over 600 UK farms where we have leased tractors, combine harvesters, diggers and other associated farming equipment.
The founder of Tech5 has retired, but still helps us out on a consultancy basis. Our Tech5 turf care and farming division is run by Donald Smith, a leasing veteran with over twenty years’ experience.
The farming leasing sector is one of the most competitive areas in leasing and finance. Farmers demand and get great lease rates. We see leasing deals in the farming sector being won or lost on the slimmest of margins. There are two key reasons why farmers get the cheapest leasing rates:
1. Farming equipment will normally have a good resale value, due to the active market for leasing of second-hand farming equipment.
2. Farmers are generally low risk, hence leasing companies can strip out a large percentage of allowance for bad debt.
Please note, the farming lease rates you see on our calculator are just here to give you a rough guide to what a lease repayment will be. Many farm equipment leasing deals we do have a residual value built into the lease price. This will significantly reduce your rental. We will also go to the leasing market and find you the cheapest farm machinery leasing deals.
Please, if you have seen a cheaper farming machinery leasing quote cheaper elsewhere, still call Donald Smith at our company. We do not like to be beaten on price! Our great high quality personal service comes for free!
Clearly, we can arrange the leasing for the equipment. In addition, if you do not have a supplier in mind, we can recommend companies throughout the UK we have longstanding relationships with. Hopefully, this will save you time and money.
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