The Benefits of Getting Your Farm Equipment Financed

Whether you have recently started your farming operation or you want to add a few more machines to your fleet, getting your pieces of equipment financed can be an ideal option for you. As your local farm equipment dealer, we at Holder and Sons Equipment want to protect your investment and get you the machine you need as soon as possible. That’s why our experts have created this guide to highlight a few perks of financing a machine.

Get The Equipment Sooner

Farming equipment is expensive, and you might need to spend a pretty penny to get your preferred model home. This can take a little time, especially if you don’t have the cash on hand to pay off the price at once. This delay can lead to loss of productivity and slow down your overall operation.

Financing makes this easier and faster. You can make a down payment and then pay off the rest of the amount over the loan term you have selected. This way, you can get your equipment sooner and use it to make money and repay the machinery more quickly.

More Options

You might explore a limited selection if you have to pay off the price for a machine all at once. However, opting to get it financed allows you to check out a wider variety of models across different price ranges.

You can select top-of-the-line machinery from a premium brand or choose to go with a higher-quality model that will last for years. You can buy a shiny new machine with better features and the latest technology instead of a used model that’s unreliable and problematic.

Financial Flexibility

Finally, getting your machinery financed helps preserve cash. You can use this money to manage other operating expenses while still getting the machines you need for your work.

We hope you find this guide handy when exploring financing options for your farm machinery. If you have more questions, ask our finance experts. Holder and Sons Equipment is in Durham, NC, and proudly serves Raleigh and Greensboro.