10 Tips for Managing Machinery Costs

Owning and operating farm equipment is a significant investment for any farm operation. The costs associated with purchasing, maintaining and upgrading machinery can quickly add up, impacting overall profitability.

AgDirect®, one of the leading equipment financing programs in the nation, can help you look beyond upfront costs to effectively manage equipment expenses. In this guide, we cover things like:

  • Preparing a budget
  • Evaluating asset use
  • Calculating operating costs
  • Utilizing technology
  • Securing the right financing

Strategies to Help You Stay on Track

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Types of Financing

Available for Tractors, Combines, Sprayers and Other Equipment Used in Agriculture.

New Equipment

AgDirect offers highly competitive loan and lease options on new ag equipment. Whether you are looking for a combine or tractor loan, or to finance other farm equipment, we've got you covered.

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Used Equipment

No matter how you buy used farm equipment -- through a dealer, auction, or private party -- AgDirect can help finance it, including two to seven year* terms and delayed payments (up to 15 months*).

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Refinancing

AgDirect is one of the few lenders that offers refinancing on farm equipment loans. Free up working capital and improve your financial position, especially during periods of low interest rates.

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* Subject to approval.

Learning Center

Agriculture is constantly evolving, which is why AgDirect® works to help you make the right decision for your operation when it comes to financing your next tractor, combine or other ag equipment.


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