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HIRE PURCHASE

Hire Purchase is the most common way to finance agricultural equipment. You decide what equipment to buy, negotiate the sale with the dealer and then sign a Hire Purchase agreement. Once all the repayments have been made you have the option to become the owner of the equipment by paying a small option to purchase fee. 

BENEFITS

  • Burden free: A Hire Purchase agreement with AGCO Finance doesn’t typically utilise current credit lines and facilities 
  • Individual: Bespoke repayment terms to match the cash flow of your business whether monthly, quarterly, semi annually, annual or a combination of all 
  • Secure: Interest rate is fixed and guaranteed at the commencement of the agreement  
  • Cost effective: Receive the efficiencies of the machine immediately whilst spreading the purchase price 
  • Tax: Costs are typically allowable for tax purposes (customers are always to take independent tax advice on the best solutions for their business) 
  • Simple: Easy to understand paperwork 
  • Support: A network of local area managers and a dedicated sales support team ensures you receive the highest level of support