Your Finance Specialists for Farm Equipment Loans.
Maximise efficiency and productivity on the farm with our tailored farm equipment loan solutions at Ace Asset Finance.
Australia-Wide Competitive Rate Asset Financing for Farm and Agriculture Equipment
Whether you're in agriculture, horticulture, or livestock farming, our team of finance specialists are here to help you acquire the equipment you need to succeed.
Choosing Ace Asset Finance for your agricultural equipment loans offers numerous benefits. Our competitive interest rates are secured by our access to over 30 banks and lenders.
If you are self-employed or a business owner looking to finance new or used farm equipment, we can help you access and secure low-rate financing, often within the same day of application. From tractors and harvesters to irrigation systems and more, we'll work closely with you to find the perfect financing option for your agricultural operations.
Additionally, our team of finance experts provide personalised advice and support throughout the loan process, ensuring you’re informed along the way on the best options for your farming operations. Our streamlined approval process guarantees quick turnaround times, so you can access your equipment as soon as possible. With competitive rates, flexible terms, and personalised service, we'll help you cultivate success and harvest a brighter future for your farm.
Ace At A Glance
- Loan Amount: Ranges from $10,000 to $1 million+
- Loan Terms: Typically range from 12 months to 5 years
- Eligibility: Suitable for businesses Australia-wide with varying documentation levels (we work with both low doc and full doc applications)
- Approval Time: Same-day approvals are available for eligible applicants
- Lenders: Access to over 30 banks and lenders
- Service Hours: Applications can be processed Monday to Sunday, from 8 am to 8 pm
Farm Finance Options and Advantages
We offer tailored farm finance options to suit the diverse needs of Australian farmers. Solutions we can help you secure include equipment loans, asset purchases, and finance leases, each designed to provide flexible terms and competitive rates to help you grow your agricultural business.
Equipment Loan
With an equipment loan, you own the equipment from the start, and the lender provides a loan secured against the equipment.
You own the equipment from the start: Yes
You own the equipment from the end: Yes
Deposit allowed: Yes
Minimum amount: $10,000
Term: 1 to 5 years
Fixed rentals/repayments: Yes
Residual/balloon payment: Balloon payment optional
Repayment frequency: Can be tailored to suit your cash flow (monthly, quarterly, half-yearly, seasonally, or annually)
Tax deductibility: Depreciation on equipment, interest payable, and rental payments may be tax deductible.
Benefits:
- Immediate ownership of equipment
- Flexible repayment options tailored to your cash flow
- Potential tax deductions on depreciation and interest
Asset Purchase
In an asset purchase, the lender purchases the equipment, and you buy it from them in instalments.
You own the equipment from the start: No
You own the equipment from the end: Yes
Deposit allowed: Yes
Minimum amount: $10,000
Term: 1 to 5 years
Fixed rentals/repayments: Yes
Residual/balloon payment: Balloon payment optional
Repayment frequency: Can be tailored to suit your cash flow (monthly, quarterly, half-yearly, seasonally, or annually)
Tax deductibility: Depreciation on equipment, interest payable, and rental payments may be tax deductible.
Benefits:
- Option to own the equipment at the end of the term
- Flexible repayment options tailored to your cash flow
- Potential tax deductions on depreciation and interest
Finance Lease
With a finance lease, the lender purchases the equipment and leases it to you for an agreed period.
You own the equipment from the start: No
You own the equipment from the end: No
Deposit allowed: No
Minimum amount: $10,000
Term: 1 to 5 years
Fixed rentals/repayments: Yes
Residual/balloon payment: No
Repayment frequency: Can be tailored to suit your cash flow (monthly, quarterly, half-yearly, seasonally, or annually)
Tax deductibility: Depreciation on equipment, interest payable, and rental payments may be tax deductible.
Benefits:
- No initial deposit required
- Flexible lease terms to match your financial situation
- Potential tax deductions on lease payments
Types of Farm and Agriculture Equipment We Help You Finance
Ace Asset Finance offers financing for a wide range of agricultural equipment, including but not limited to tractors, ATVs, mowers, trucks, utes, irrigation systems, heavy equipment, sprayers, harvesters, balers, ploughs, and others.
Our team is committed to helping Australian farmers secure the equipment they need with flexible, competitive financing options. Get in touch with us today to find out how we can support your agricultural business.
5 Simple Steps To Securing Your Farming Equipment Loans
1. Apply
Fill out the online application form or contact us over the phone on 0401 956 234.
2. Documents
Submit necessary documents (ID, financial statements, business details).
3. Approval
Receive approval within 24 hours (for eligible applicants).
4. Contracts
Review and sign the finance agreements.
5. Settle
Get your equipment financed and ready to use.
Why Choose Ace Asset Finance?
Expert Guidance
With over two decades of experience in the asset finance industry, we deliver unmatched expertise in every consultation while providing tailored solutions that align with your individual needs.
Fast, Efficient Approvals
Our smooth approval process is designed for speed and efficiency, often delivering same-day results, so you can move forward with your asset purchases promptly.
Competitive Interest Rates
Unlock interest rates designed to fit your financial ambitions and budget, allowing you to maximize your investments and efficiently control your expenses.
Flexible Asset Financing
From vehicles and equipment to machinery and beyond, our extensive financing solutions cater to various asset types, giving you the adaptability and backing essential for your needs.
Why choose Ace Asset Finance?
Leveraging over two decades of expertise, we partner with 40+ lenders to secure personalised finance solutions for our valued clients.
Applying won't affect your credit score
Rest assured, when you apply for finance through Ace Asset Finance, your credit score will not be affected.
Expert help from our team
You will be guided by a dedicated finance broker every step of the way. Our aim is to make your experience with us seamless and effortless.
Competitive interest rates
At Ace Asset Finance, we to everything in our power to ensure your loan has the lowest possible interest rates.
Contact us today
40+ lenders to find you the best solution.
Frequently Asked Questions
What is the minimum and maximum loan amount available?
The minimum loan amount you can apply for is $10,000, ensuring even smaller equipment needs are covered. On the other end, we provide financing up to $1 million or more, allowing you to secure substantial and high-value farm equipment necessary for large-scale operations. This wide range ensures that whether you’re looking to finance a single piece of equipment or a fleet, we can accommodate your requirements.
Do I need to provide a deposit to secure a loan?
The requirement for a deposit varies depending on the type of loan you choose. For equipment loans and asset purchases, providing a deposit is optional, giving you the flexibility to decide based on your financial situation. This means you can either put down a deposit to reduce your loan amount and interest over time or choose to finance the entire cost of the equipment. However, for finance leases, no deposit is required, making it easier to obtain the necessary equipment without an upfront payment.
This flexibility helps in managing your cash flow and aligning the financing with your farm’s financial planning.
What are the repayment terms for farm equipment loans?
The loan terms typically range from 1 to 5 years, providing you with the ability to choose a duration that best suits your financial planning.
Additionally, some lenders offer tailored repayment schedules that can align with your cash flow cycles. You can opt for monthly, quarterly, half-yearly, seasonal, or even annual payments, depending on what works best for your farm’s revenue patterns.
Can I finance used farm equipment?
Yes, Ace Asset Finance offers financing options for both new and used farm equipment.
Is my credit score impacted when I apply for a loan through Ace Asset Finance?
When you apply for a loan with us, we conduct a soft credit inquiry that does not impact your credit score. This allows you to explore your financing options without worrying about any negative effects on your credit rating.
What is a balloon payment and is it optional?
A balloon payment is a larger payment that is made at the end of the loan term. It allows for lower regular repayments throughout the loan duration, with the remaining balance due as a lump sum at the end.
At Ace Asset Finance, balloon payments are optional when we help you secure equipment loans and asset purchases, providing you with the flexibility to choose a repayment structure that suits your financial strategy. This means you can either opt for a balloon payment to lower your regular repayments or choose a repayment plan without a balloon payment to avoid a large end-of-term payment.