Private Party Financing

AgDirect® offers highly competitive finance and lease options on farm equipment sold through private transactions (such as farmer-to-farmer equipment sales). Along with attractive rates, we offer ag-friendly terms that match the income stream of farmers and ranchers and up to 80 percent financing.

Our experienced AgDirect team will guide you through the financing process, which is specifically tailored to meet the needs of those in agriculture.

Here’s how it works:

Contact AgDirect to complete an application.

Credit decision is returned to you, typically within 2 hours.

AgDirect team member provides financing documents.

You simply review, sign and return all documents to AgDirect.

Funds are disbursed.

Equipment financing for today’s agriculture.

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

  • Buy or lease
  • Variable or fixed rates
  • New or used equipment*
  • Minimum purchase price of $25,000 (before down payment)
  • Financing terms – up to 5 years (with 20% down)*
  • Delayed payments – up to one year (with 20% down)*

*Subject to approval. Excludes irrigation equipment and leases on titled equipment.

Private Party Rates

Standard
New & Used Equipment
Buy or Lease

Sales price minimum of $25,000. Minimum of 20% down payment required.

Scroll left to view the rest of the table.
2-3 yrs 4 yrs 5 yrs 6-7 yrs
Sales Price:
$25,000+
Fixed 4.79% 4.79% 4.79% ----
Variable 3.25% 3.25% 3.25% ----

Titled Equipment
New & Used Equipment
Buy

Sales price minimum of $25,000. Minimum of 20% down payment required.

Scroll left to view the rest of the table.
2-3 yrs 4 yrs 5 yrs 6-7 yrs
Sales Price:
$25,000+
Fixed 5.29% 5.29% 5.29% ----
Variable 3.75% 3.75% 3.75% ----

Rates effective December 01-31, 2016. All rates and terms are subject to credit approval. Free 45-day rate commitment on all terms. Variable rates are calculated using the Prime Rate plus or minus a fixed spread. Those rates are subject to change as the Prime Rate changes. Variable rate not available for leases. AgDirect reserves all rights to cancel or change rates and terms at any time and without notice. Titled equipment is not eligible for leases.

Private Party Financing Requirements

The following information is required to complete the application process:

  • Copy of driver’s license for all applicants
  • Bill of sale (transferring ownership from seller to buyer, sales price and full asset description, i.e., year, make, model, full serial number, are required)
  • Funding instructions (i.e., name and address of who should be funded, subject to other requirements)
  • Seller name and address
  • Creditor information, if applicable

Prior to the generation of documents, AgDirect will complete a lien search on both the buyer(s) and seller(s) to ensure that AgDirect will be in first lien position on this particular equipment.

  • A subordination will need to be signed by any lenders that hold a blanket lien on the buyer.
  • A UCC-3 will be prepared, and signed by creditor, if a blanket lien on the seller is located.
  • If an asset-specific lien is identified, funding will be issued to creditor and seller.

Prior to release of funds:

  • All original signed loan documents returned to AgDirect.
  • Applicable lien releases signed and returned to AgDirect.
  • Additional information may be needed prior to funding, subject to each individual transaction.

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 ag equipment.

  • Chad and Amy Haeg

    “AgDirect is simple and flexible.”
    – Chad and Amy Haeg , Small Grain, Lentil and Bluegrass Growers

    See more

    Watch video

  • Cliff Shudak

    “Their people understand the purchases, and they’re very good to work with.”
    – Cliff Shudak , Grain and Beef producer

    See more

    Watch video

  • Dave Zimmerman

    “I’ve never received such speed and ease of financing.”
    – Dave Zimmerman , Grain and Beef Producer, Custom Seed Corn Harvester and Custom Sprayer

    See more

    Watch video

  • Gerry Wiese

    “Bottom line, AgDirect is a business decision.”
    – Gerry Wiese , Grain and Pork Producer

    See more

    Watch video

  • Jacky Pace

    “It comes down to people.”
    – Jacky Pace , Seed Corn and Grain Grower

    See more

    Watch video

  • Jennifer Gottschalk

    “Having good financial people behind you like AgDirect and Farm Credit is just smart.”
    – Jennifer Gottschalk , Seed Corn and Grain Grower

    See more

    Watch video

  • Jeremy Heine

    “It’s just plain easy working with AgDirect.”
    – Jeremy Heine , Grain and Beef Producer

    See more

    Watch video

  • Jess Blatchford

    “AgDirect puts money back in my pocket.”
    – Jess Blatchford , Potato and Wheat Grower

    See more

    Watch video

  • Joe Klemen, Dwayne Klemen and Mark Klemen

    “AgDirect takes care of us.”
    – Joe Klemen, Dwayne Klemen and Mark Klemen , Beef, Crop and Dairy Producers

    See more

    Watch video

  • Randy Emtman

    “I like that AgDirect is linked to Farm Credit.”
    – Randy Emtman , Timothy Hay, Grain, Legume and Beef Producer

    See more

    Watch video

  • Steve and Cindy Newsom

    “It’s critical to have a lender that is open minded to taking on new enterprises.”
    – Steve and Cindy Newsom , Cotton, Peanuts, Alfalfa Hay, Grain and Wine Grape Grower, Vineyard Equipment Dealer

    See more

    Watch video