How to Finance Private Party Ag Equipment Purchases

Many of the best deals on farm equipment don't happen at a dealership.

The private party market for farm equipment, such as tractors, combines, planters, semi-trailers, and other large machinery, can offer significant savings, especially when you can purchase a well-maintained piece of equipment directly from another farmer.

However, a private party transaction can also introduce unique challenges, including financing.

Unlike a dealership that has established lending partners, a private sale requires you to be the one to secure the capital. But this isn't a hurdle; it's an opportunity to structure a deal that works for your operation, leveraging your business acumen and strong financial history.

Here’s a step by step guide to financing a private party ag equipment purchase.

Read more