Agriculture Loans — Ag Equipment Financing & Leasing
Leasing and financing support for farming and ranching equipment.
Get competitive rates and flexibility through our partner Essex Lease Financial.
Offered by ATB Financial
Amount
No fixed amount
Quick eligibility check
Who can apply
Applicants must be agricultural producers
About the funding
Get up to 100% financing on new or used equipment for up to 180 months, or up to 100% leasing on new equipment for up to 10 years.
Interest rate: varies with equipment details and term
Amortization: up to 15 years
Repayment: flexible terms - monthly, quarterly, semi-annually, or annually
Show all funding details
For a Conditional Sales Contract, the down payment may be the equity of a trade in or a cash down payment. For an amortization period of 10 years or less, the down payment requirement is only 10%, for long amortizations it is 20%. Upon approval of credit, the first $100,000 may be 100% financed. For leasing, 100% of the equipment may be financed, with the first payment made upon delivery of the equipment.
Financing and leasing are provided through ATB's partner Essex Lease Financial. Maximum amortization: air seeders and equipment listed in the Iron Solutions Official Guide, 15 years; equipment not listed in the Iron Solutions Official Guide, 10 years; farm trucks of one ton or greater, 10 years; leases, maximum of 10 years. In each case the equipment's (or vehicle's) age plus the amortization period cannot exceed the maximum.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Agriculture Loans — Agriculture Term Loans | Loan | Up to 80% financing available | Open |
| Agriculture Loans — Equity Agri-Plan Loan | Loan | Line of credit, $10 million maximum, variable interest rate, monthly repayment, amortization up to 35 years | Open |
| Agriculture Loans — Evergreen Financing | Loan | No fixed amount | Open |
| Business Loans — Business Term Loans | Loan | Up to 100% financing, secured with owner-occupied property or new/used equipment and machinery | Open |
