Frequently Asked Questions

Who is Ag Equipment Finance and can you finance Farm Equipment in my area?
Ag Equipment Finance (AEF) is a National Farm Equipment Financing Company that has financing programs available for full time farmers, agribusinesses, and equipment dealers throughout the United States. Some states are excluded, please Contact Us for more information.

How does the process work?
We are able to handle the complete process by email, phone, or in person.  Our process is streamlined to the point where we can review your application for approval and email you closing papers all in the same day.  The dealer or seller of the equipment will receive payment by bank wire upon completion.  Normal turnaround times from application to seller payment is 24 hours.

How do I qualify for Ag Equipment Finance Programs?
Our programs are for full time farmers, agribusinesses, and farm equipment dealerships that have had agriculture income for two or more years. Currently we do not have consumer financing programs available.

What is the minimum amount you can finance?
Our Equipment Finance Program starts at $15,000 and higher.

What do I need to have to apply for financing?
Our application process is one of the easiest in the industry. We only ask for minimal information with a one page application which can be completed in less than 5 minutes.

Is the online application safe and secure?
Our online application is secured by Comodo with a Positive SSL Seal.  Listing your social security number is optional for the online application. When we call you to discuss your application we can ask for any information you don’t feel comfortable listing on the online application.

How many finance programs do you have?
We offer a wide variety of farm equipment financing programs. Our customers see our programs as a great alternative option for them to make their dollar go a little farther than a traditional bank loan.

How does the equipment dealer or auction company get paid and can you work with anyone?
After we finalize the transaction; in most cases the same day or within 24 hours we will wire the payment to the dealer or auction company.  We can work with most dealers in the U.S.  We don’t have a long drawn out process to approve a dealer before we can finance your transaction.

How long of a term can you finance used equipment?
Depending on the amount financed there are 5 to 7 year terms available. We are one of the only companies in the industry that does not have an age limit on used farm equipment.

What is the minimum down payment?
We have programs with 10 – 15% down payment options.

Are annual payments available?
Absolutely!  We understand how farming works.  We have annual, semi-annual, quarterly, and monthly payments available.  Our #1 goal is to schedule the payment when you have the money to make the payment.  It’s your choice when you want to make your payment.

What types of equipment can you finance?
Our main areas of equipment are anything with wheels being used for farming. We also have one of the easiest irrigation center pivot financing programs available in the market.

Our main objective is to provide you with the freedom to have an additional source for financing farm equipment; a source that makes it SIMPLE and not complicated to finance a few pieces of machinery.  We don’t require additional collateral or file blanket liens on other equipment you own.  If you have questions please call us anytime at 855-304-1372; we would be privileged to visit with you and talk about how a partnership with Ag Equipment Finance would benefit your operation.

  • Kevin S. – S77 Gleaner Combine & Header

    “Ag Equipment Finance approved our application within hours. They handled everything with my dealer in Kansas and sent the payment as soon as we were done signing the papers. The service was great and I look forward to working with them again in the future.”

  • Brian M. – 2007 JD 4720 Sprayer

    “This is the fourth transaction in two years we have completed with AEF. Buying equipment from both dealers and an auction, we have been 100% satisfied. It’s an easy process and they kept in touch with us the whole time. I couldn’t think of anything going smoother.”

  • Doug S. – JD 4700 Sprayer

    “AEF was up front with their program laying out how it worked and there were no surprises. The staff was friendly to work with and the complete process took less than 24 hours from beginning to end, it was a lot faster than I ever thought it would be.”

  • Jeff S. – Case IH MX220

    “AEF took care of our Case IH MX220 financing needs with great payment options. They were very easy and pleasant to work with. All our questions and phone calls were answered right away. We would definitely recommend others to work with AEF. Thanks for a job well done!”