Farm Equipment - Stratton Finance

Asset Lease for Farm Equipment

Simple, flexible and hassle-free financing for new and used farm equipment.

An asset lease enables the customer to have the use of their Farm Equipment and the benefits of ownership, while the financier retains actual ownership of the equipment.

Asset Lease for Farm Equipment helps you own the farm and equipment of your dreams without the huge upfront costs. With Asset Lease for Farm Equipment, you can get a quality piece of equipment today and still have low monthly payments that fit your budget.

How does an asset lease work?

Asset Lease for Farm Equipment is a type of finance that offers you an asset and the right to use it over a contract period. It's a way of purchasing high-value assets like farm machinery, or machinery on projects without having to pay out cash upfront.

The financier purchases the Farm Equipment on behalf of the customer, who then pays the financier a fixed monthly lease rental for the term of the lease.

At the end of the lease the customer can either pay a residual on the lease and take ownership of the Farm Equipment, sell the equipment or re-finance the residual and continue the lease.

Benefits of an asset lease for farm Equipment

Flexible contract terms
Fixed interest rates and monthly lease rentals
Your equipment does not sit "on your books" as an asset/liability
Tax deductions for the lease payments may be claimed
As the GST contained in the equipment's purchase price may be claimed back by the financier, only the equipment's price exclusive of GST is financed, lowering monthly payments*

* Please refer to your accountant for eligibility.