When it comes to looking into the process of purchasing an agricultural vehicle, it can be difficult to know where to start. Union Business Finance works with a panel of over 100 lenders, so if you’re wondering how to begin the process of investing in good forage equipment, we can help find the perfect loan for you.
As professionals in asset finance, we appreciate that you require good working machinery that you can rely on. We are proud to be able to provide financing solutions for an extensive range of farming vehicles that can be financed.
Below are the different types of agricultural vehicles and popular brands that are available on finance:
Using a loan or other types of finance to help with the purchase of farming machinery has several advantages for farmers or those working in agriculture.
The benefits include:
Cost-effective: a finance agreement makes the purchase of machinery accessible. It requires a cost over a period of time, meaning there would not be an upfront fee.
Proactive: it prepares you for unpredictable moments in farming, where a big amount of finance may be needed elsewhere.
Financial reputation: by taking an agricultural vehicle out finance lease or hire purchase agreement, it creates a good, reliable financial background for lenders to build trust with future purchases.
Farming Profits: once you have your machinery, you are able to reap the benefits of what it can do for you.
Asset Finance is a great solution if you are looking for flexible funding for farming vehicles, equipment or machinery. It allows you to help your business to acquire an asset, whilst spreading the cost over a period of time. Additionally, it can help you free up valuable working capital.
Union Business Finance works with each client individually to understand your specific needs and identify the best solution for your business.
Vendor finance is beneficial for both retailers within the farming industry and their customers. Access to finance and limitations of cash flow is often one of the biggest obstacles when there is a need to purchase new farming equipment.
Union Business Finance’s Partner Finance programme solves this problem by enabling retailers to offer a range of financing options to their customers.
We understand it can feel overwhelming when learning about types of finance available, which is why we strive to build a relationship you can trust. The focus of Union Business Finance is to support you with fast and efficient advice, making the finance work for you.
We have a fantastic team who are well qualified in a great range of financial options tailored to your needs.
Transparent knowledge and financial advice
10 years of experience
Loans from £10,000 to £15m
Guaranteed 5* service