rates and terms

Current Rates

Financed Amount Term Fixed Rate Variable Rate
$200,000+ 2–3 years 6.95% 7.75%
  4 years 6.95% 7.75%
  5 years 6.95% 7.75%
  6–7 years 7.15% 7.75%
$75,000–$199,999 2–3 years 7.30% 8.00%
  4 years 7.30% 8.00%
  5 years 7.30% 8.00%
  6–7 years 7.50% 8.00%
$25,000–$74,999 2–3 years 7.50% 8.25%
  4 years 7.50% 8.25%
  5 years 7.50% 8.25%
  6–7 years 7.70% 8.25%
$5,000–$24,999 2–3 years 7.75% 8.75%
  4 years 7.75% 8.75%
  5 years 7.75% 8.75%
  6–7 years 7.95% 8.75%


Purchase or Refinance

  • New and Used Equipment
  • Minimum Finance Amount: $5,000, may be higher in certain states^
  • Under $10,000: 2 to 5 Year Term Only


  • New and Used Equipment
  • Not Available: Under $10,000
  • Not Available: Variable Rates*

Titled Equipment

  • New and Used Titled Equipment
  • Purchase or Refinance
  • Not Eligible for Leases
  • 2 to 5 year Term Options

Auction and Private Party

Purchase or Refinance

  • Used Machinery and Titled Equipment
  • Sales Price Minimum of $25,000
  • Irrigation Equipment Not Eligible
  • Titled Equipment Not Eligible for Leases


Lock in a low lease payment with AgDirect's special lease residuals.

  • Plus 5 - +5% increase to standard PRO and PUT residuals for qualifying brands and horsepower tractors.

Rates effective July 1-31, 2024. *All rates and terms are subject to credit approval. Free fixed-rate lock for 0 to 45 days. Applications not funded within 45 days of application date are subject to rate change. Contact AgDirect® for rate locks greater than 45 days. ^Minimum finance amount higher for recipients in NM. **Variable rate is based on the Prime Rate plus or minus a fixed spread. This is subject to change as the Prime Rate changes. Variable rate not available for leases. Rates outlined herein are for informational purposes only and may be cancelled or changed at any time without notice. The final rate for each transaction will be set forth in the financing documents signed by the customer.

Rates listed above are for illustrative purposes only to assist in comparing lease payments to the cost of a loan. They are not intended as, and should not be relied on as, tax or accounting advice. Applicants should consult their tax accounting advisors regarding appropriate treatment of any lease transaction.

DOCUMENTATION FEES: The maximum documentation fee (i.e., origination fee, document fee, processing fee, application fee, closing fee, or similar fee) for each transaction shall be the lesser of $300 or the amount allowed under applicable state law. All such fees shall be disclosed on the final financing documents; AgDirect and/or the financing company shall receive up to the first $150 of such fee, and Dealer's share, if any, will equal the remainder of the fee disclosed on the financing documents.

Get 10 Tips for Managing Machinery Costs

The costs associated with purchasing, maintaining and upgrading machinery can quickly add up, impacting overall profitability. Learn strategies to help optimize your equipment investments. From budgeting to equipment selection and asset utilization, we share 10 tips for effectively tracking and monitoring equipment expenses.

Request free download


download strategies to track and monitor equipment expenses

Looking for an AgDirect dealer near you?

Enter your zip code into AgDirect’s Dealer Locator to find a participating equipment dealer in your area.

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.

Learn more >

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*).

Learn more >


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.

Learn more >

* Subject to approval.

  • Dustin G.

    “AgDirect offers some really excellent programs and flexibility.”
    – Dustin G. , Livestock Producer and Part-Owner of Capital Tractor

    See more

    Watch video

  • John and Carla

    AgDirect makes equipment financing easy.
    – John and Carla , Grain & Beef Producers

    See more

    Watch video

  • Jordan S.

    "With AgDirect, financing isn’t one-size-fits-all."
    – Jordan S. , Sales Representative, McRoberts Red Power

    See more

    Watch video