Agricultural businesses face unique financing challenges — seasonal cash flow, large asset values, and the need to act quickly when the right piece of equipment becomes available. Farm equipment finance is specifically structured to accommodate these realities.
What Farm Equipment Can Be Financed?
- Tractors — from compact utility to large row-crop and articulated models
- Headers and harvesters (John Deere, Case IH, New Holland, Claas)
- Chaser bins and grain carts
- Sprayers and air seeders
- Balers, hay equipment and silage machinery
- Cultivators, ploughs and tillage equipment
- Irrigation equipment and pumps
- ATVs and side-by-sides for farm work
- Livestock handling equipment
Seasonal Repayment Structures
One of the most important features of farm equipment finance is the ability to structure repayments around your cash flow cycle. Rather than fixed monthly repayments, seasonal facilities allow you to make larger repayments during harvest or post-sale periods and lower (or zero) repayments during the growing season. This prevents cash flow stress during the months when income is lowest.
Low Doc Farm Equipment Finance
Farm businesses often have complex financials — particularly where seasonal income means year-to-year results vary significantly. Low doc farm equipment finance removes the need to submit tax returns or full financial statements, using bank statements and an ABN declaration to assess the application instead.
Low doc finance is available up to $500,000 with most lenders on the Overdrive Funding panel. Some specialist lenders can extend this threshold with BAS statement support. No real estate or property security is required — the machinery itself serves as the collateral.
Do I Need a Deposit for Farm Equipment Finance?
Not necessarily. Zero deposit farm equipment finance is available for businesses with 2+ years GST registration and an acceptable credit profile. For newer farm businesses or those purchasing older machinery, a deposit of 10–30% often unlocks better rates and terms.
Private Sale and Auction Purchases
A significant proportion of farm equipment changes hands at clearing sales, farm auctions and through private sales. Overdrive Funding's lender panel supports private sale and auction purchases — you don't need to buy from a dealer to access competitive finance. Some lenders can even fund purchases on the same day as an auction settlement.
We compare 80+ lenders to find the best farm equipment finance for your operation — with seasonal repayment options, low doc approval and no property security required. Contact our team for a free, no-obligation comparison.
You can see the full range of plant we fund, and current rates, on our low-rate machinery finance page.