Farm Equipment Refinancing

AgDirect is one of the few lenders that refinances farm equipment loans. Refinancing can be done to free up working capital and improve an operation's financial position, especially during periods of low interest rates.

Why refinance with AgDirect?


Save money by reducing your interest rate.


Improve cash flow by extending your payment terms.

Same competitive rates and flexible terms as new farm equipment, with monthly, quarterly, semiannual or annual payment options.


Streamlined equipment refinancing process, including an online application and electronic signatures.

Farm Equipment Rates

Fixed rates for financing or refinancing farm equipment start at 6.95%!

Ready to refinance? Let's get started.

Refinance Now
Ready to apply? Let's get started.

Farm Equipment Refinancing Options

We are dedicated to agriculture — it's all we do. That's why we offer a variety of financing options to fit your needs.

  • New farm equipment or used farm equipment
  • Equipment purchases through a dealer, auction and private party are eligible
  • Variable or fixed rates
  • Available for every brand and type of equipment used in agriculture
  • Flexible terms from two to seven years on most equipment*
  • Delayed payments — up to 15 months*
  • No prepayment penalties**

*Subject to approval

**Excludes leases over $500,000.

Get Started with AgDirect

At Dealership

In most cases, your local equipment dealer can process and complete the refinance with AgDirect right at the dealership, often in the same business day.

Learn more in our FAQs

Apply Online

Refinancing farm equipment? Use our easy online financing application.

Apply now

Farm Credit Office

Get AgDirect financing through local Farm Credit offices.

See participating Farm Credit associations

AgDirect Inside Sales

Contact our Inside Sales team to get financing directly through AgDirect.

Get started

Types of Equipment AgDirect Refinances

AgDirect financing is available for all types of equipment used in agriculture.


Row crop tractors
Standard tractors
High Crop tractors
Utility tractors
Other tractors used in agriculture

Harvesters and Harvest Equipment

Forage harvester
Draper head
Corn head
Grain cart
Cotton picker
Other harvesters & harvest equipment used in agriculture


Center pivots
Tillage equipment
Hay and Forage equipment
Skid loaders
Other equipment used in agriculture

The minimum amount that can be financed is $5,000 for a qualifying asset.

Equipment Brands AgDirect Frequently Finances

  • John Deere
  • Ferguson
  • Deutz-Fahr
  • Claas
  • Reinke
  • Hagie
  • Tigercat
  • Unverferth
  • Bush Hog
  • Case IH
  • Versatile
  • Challenger
  • Gleaner
  • Valley
  • Hardi
  • Landoll
  • Vermeer
  • Kuhn
  • New Holland
  • Kubota
  • Lexion
  • Caterpillar
  • Kinze
  • JCB
  • Sunflower
  • Brandt
  • Valtra
  • Fendt
  • Mahindra
  • Krone
  • Zimmatic
  • Apache
  • Ponsse
  • Great Plains
  • Monoseum
  • Other

Farm Equipment Refinancing FAQs

Questions about refinancing your farm equipment with AgDirect? Check out our FAQs on these common topics:

Should I refinance?

Refinancing is one tool producers can leverage to free up working capital and improve their financial positions, especially during periods of low interest rates. Unless you have one payment left on a loan or the interest rate you can get by refinancing is close to your current rate, it almost always makes sense to refinance higher rate notes. Another good time to consider refinancing is after an interest waiver. See our Learning Center article on managing working capital to determine if refinancing is right for you.

What farm equipment does AgDirect refinance?

AgDirect offers refinancing on all types of equipment, including the purchase and lease of tractors, combines, pivots, implements, strip till equipment and more. AgDirect finances the purchasing and leasing of all major brands of ag and irrigation system equipment, including John Deere, Case IH, New Holland, AGCO, Reinke, Valley and Zimmatic.

How long will it take to be approved for refinancing through AgDirect?

The application usually takes less than ten minutes. AgDirect will make the payoff to the bank or captive finance company, and if the producer is willing to sign the loan documents electronically, the dealer doesn't have to touch the deal again after the application is submitted.