Farm Equipment Leasing: An Open Option

2007-03-08 10:33:40

( Real Estate )



ACCESSIBLE LEASING

The cost of owning and keeping your own farm equipment can be very high. Aside from investing in the actual purchase of the equipment, you need to make regular maintenance to keep the machines in running condition.

While for some, this is the preferred situation, not everyone wants the hassle and cost of maintaining their own equipment. For these cases, farm equipment leasing provides a viable alternative.

Farm equipment leasing companies provide farming equipment solutions for all your agricultural needs. Most equipment leasing companies offer an extensive list of farming machineries like agricultural tractors, cotton harvesting equipment, hay equipment, sprayers, planting equipment, scrapers, material handling equipment, cutting equipment, shredders, scrapers, tools, cutters and shredders, utility and all terrain vehicles and much more.

LEASE-BUY FLEXIBILITY

Of course leasing all of these machineries and equipment can be costly as well. However, there are equipment lease financing companies that you can turn to. These equipment lease financing companies are niche businesses, providing loans exclusively to the farming community. The good thing about these farm equipment leasing loans is that it does not affect your credit score which can affect your ability to avail of traditional loans from banks such as mortgages.

Farm equipment leasing has flexible plans. You can opt to have a lease for specific farming machinery, like a forklift lease; or you can have a generic lease contract that allows you to have access to the farming equipment that you need.

The benefits of farm equipment leasing can be enormous. Aside from being more affordable than making an actual purchase, it is also more flexible and responsive to your needs as a businessman. Farm equipment leasing also has the added advantage of a purchase plan option, or the lease-buy program. Under this plan, you can lease a piece of equipment and pay towards buying the equipment as well.


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