Global Agriculture

New FBN® Educational Resource: Equipment Loans 101 Guide

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25 August 2023, US: While farming equipment can be expensive, it is absolutely essential to a successful ag operation. To help farmers manage equipment-related expenses, farm equipment loans can offset the cost of both new and used pieces of machinery. 

There are a number of important considerations to keep in mind when determining how to finance farm equipment. The free Equipment Loans 101 Guide from FBN Finance walks farmers through the decision-making process by outlining: 

  • What an equipment loan can be used to pay for
  • When to lease vs. buy equipment
  • What equipment ownership metrics to consider

If you’re thinking about applying for an equipment loan to fund a new machinery purchase for your operation, download the new Equipment Loans 101 Guide

Also Read: Viterra receives first public environmental, social and governance rating

(For Latest Agriculture News & Updates, follow Krishak Jagat on Google News)

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