Finance the equipment your farm needs to produce
Farm equipment is a major capital investment — tractors, combines, planters, irrigation systems, and processing equipment can run into the hundreds of thousands. Keeping up with precision agriculture technology like GPS guidance, variable rate controllers, and automated systems is also becoming essential for competitive yields. Bay Street Lending connects agricultural businesses with lenders who specialize in farm equipment financing, including those offering seasonal payment structures that align with harvest income. The equipment itself serves as collateral, which simplifies qualification and lets you invest in the machinery your operation needs to grow.
A new combine can cost $400K–$700K. A center pivot irrigation system runs $50K–$100K. Financing is essential.
Revenue is concentrated around harvest. Equipment payments need to align with when you actually earn income.
GPS guidance, precision planting, and automated systems improve yields but require capital investment.
Yes. Lenders finance both new and used equipment. Used machinery typically needs to have remaining useful life and may require inspection.
Many agricultural lenders offer seasonal payment structures that align with harvest income. Ask about skip-payment or balloon structures.
Yes. GPS guidance systems, variable rate controllers, drone systems, and other precision ag technology all qualify for equipment financing.
One application, no credit impact, and a dedicated specialist to walk you through your options. See what you qualify for in minutes.