Farm Equipment Financing for Agricultural Businesses

Finance John Deere, Case IH, Kubota, New Holland, and AGCO equipment with $10K–$500K. Decisions in 24 hours, built for farming operations of all sizes.

Apply for Farm Equipment Financing Call (305) 384-8391

Reviewed by MFE Funding Team | Updated March 2026

$500KMax Equipment Loan
24 hrApproval Decision
2-5Days to Fund
600+Min. Credit Score

TL;DR — Farm Equipment Financing at a Glance

Why Farm Equipment Financing Matters in 2026

Agricultural equipment costs have climbed dramatically. Here's what you're facing.

The Real Cost of Modern Farm Equipment

Farming in 2026 is capital-intensive. A mid-range John Deere 6M series utility tractor runs $120,000–$180,000 new. A Case IH Axial-Flow combine can exceed $500,000. Even a commercial Kubota tractor package — tractor, loader, and implements — routinely hits $60,000–$90,000.

For most farming operations, paying cash for equipment means depleting working capital needed for seeds, fertilizer, crop inputs, and labor — the very inputs that generate next season's revenue. Equipment financing solves this by spreading the capital cost over time while you retain cash for operations.

New Holland's T6 series tractors list between $95,000 and $145,000. AGCO's Fendt and Massey Ferguson lines serve mid-to-large operations at comparable price points. The reality is that modern precision agriculture requires modern equipment — and that equipment requires strategic financing.

Agricultural Cash Flow: The Seasonal Challenge

Unlike retail or service businesses, farms generate most of their revenue during harvest — typically a concentrated 4–8 week window per crop cycle. But equipment breaks down, needs replacing, or needs to be acquired before planting season, not after harvest when cash is available.

A corn or soybean operation in the Midwest may spend $300–$500 per acre on inputs before a single dollar of crop revenue arrives. An apple orchard or berry farm in the Southeast has similar front-loaded cash demands. This mismatch between when money goes out and when it comes in is the defining financial reality of agriculture.

Equipment financing through MFE allows you to acquire the machinery you need now, with repayment structured around your actual cash flow — not a bank's standardized monthly payment schedule.

Equipment We Finance

Tractors

Utility tractors, row-crop tractors, compact tractors — all brands and configurations. John Deere 5E–8R series, Case IH Maxxum and Magnum, Kubota M7 series, New Holland T5–T8 series, AGCO Fendt and Massey Ferguson.

Harvesters & Combines

Grain combines, corn heads, row crop headers, forage harvesters, and specialty harvest equipment. Finance the full combine package — header, separator, and grain cart — in a single transaction.

Irrigation Systems

Center pivot systems, drip irrigation, subsurface systems, pump stations, and water management infrastructure. A standard center pivot system for 160 acres runs $60,000–$100,000 installed — a prime use case for equipment financing.

Grain Handling & Storage

Grain bins, augers, conveyors, dryers, and grain monitoring systems. On-farm storage lets you sell at better prices rather than rushing to sell at harvest when prices are lowest. Finance the infrastructure that builds long-term profitability.

Planting & Seeding Equipment

Planters, air seeders, no-till drills, and precision planting systems. A 16-row John Deere ExactEmerge planter runs $200,000+. Equipment financing lets you adopt precision planting technology that pays back in improved yields without draining cash reserves.

Livestock & Specialty Equipment

Feedlots, milking equipment, livestock handling systems, poultry houses, greenhouse structures, and specialty crop equipment. We finance farming operations across all agricultural sectors, not just row crops.

Real Equipment Costs: What Farmers Are Financing in 2026

Understanding current market prices is essential for planning your financing strategy. These are realistic 2026 market ranges for major equipment categories:

Equipment TypeBrand ExampleTypical Price RangeCommon Financing Term
Utility Tractor (100-150 hp)John Deere 6120M$110,000 – $145,00036–60 months
Row-Crop Tractor (200+ hp)Case IH Magnum 250$220,000 – $280,00048–60 months
Compact Utility TractorKubota M7060$45,000 – $75,00024–48 months
Grain CombineNew Holland CR8.90$380,000 – $520,00048–60 months
Center Pivot IrrigationValley / Reinke (160 ac)$65,000 – $100,00036–60 months
Precision Planter (16-row)John Deere ExactEmerge$180,000 – $220,00036–60 months
Hay Baler (Round)AGCO Hesston 2370$30,000 – $55,00024–48 months
Grain Bin (25,000 bu)Sukup / GSI$40,000 – $65,000 installed36–60 months

Prices are approximate 2026 market ranges. Actual prices vary by dealer, region, configuration, and whether equipment is new or used.

How Farm Equipment Financing Works with MFE

MFE's equipment financing is straightforward. The equipment serves as collateral for the loan, which means lower rates than unsecured working capital — and it preserves your other assets and credit lines for different needs.

1
Apply online in minutes — complete the application with basic business details and the equipment you want to finance.
2
Submit bank statements — 3–6 months of business banking records so we can assess your operation's revenue and cash flow patterns.
3
24-hour decision — our underwriters evaluate your application and issue a decision, often the same business day.
4
Fund and acquire — once approved, funds are sent to the equipment dealer or seller, and you take delivery. Start putting the equipment to work immediately.

Farm Equipment Financing vs. Other Options

OptionSpeedFlexibilityRequirements
MFE Equipment Financing24 hrsHighModerate
Traditional Bank Loan4–8 weeksLowVery High
Dealer Financing1–3 daysLowGood Credit Required
Farm Credit Institutions2–6 weeksMediumHigh
Cash PurchaseImmediateN/AFull Capital Available

Pairing Equipment Financing with Working Capital

Many farms need more than just equipment financing. Before your crop comes in — during planting season — you're spending on seed corn ($250–$350/bag), fertilizer ($600–$900/ton for anhydrous ammonia), herbicides, fuel, and labor. These costs don't wait for harvest.

MFE offers multiple products that work together to cover your full agricultural financing picture:

Equipment Financing

Covers machinery, vehicles, and infrastructure. Secured by the equipment — typically better terms than unsecured working capital.

Working Capital Loan

Flexible cash for seeds, fertilizer, labor, repairs, and pre-harvest operating expenses. No collateral required. See our agriculture business loans page.

Business Line of Credit

Revolving credit line to draw on as seasonal needs arise — ideal for farms with variable monthly expenses throughout the growing season.

Revenue Based Financing

Fixed daily or weekly ACH payments tied to your business revenue. Useful for operations with predictable weekly cash flow from CSAs, farmers markets, or direct-to-consumer sales.

Learn more about our full range of agriculture business loans and tractor financing options.

Frequently Asked Questions: Farm Equipment Financing

What types of farm equipment can be financed through MFE?

MFE finances virtually all types of agricultural equipment including tractors (John Deere, Case IH, Kubota, New Holland, AGCO), combines and harvesters, planting and seeding equipment, irrigation systems, grain bins, livestock equipment, hay balers, and more. Both new and used equipment qualify.

How much can I borrow for farm equipment financing?

MFE offers equipment financing from $10,000 to $500,000 per transaction. Larger operations with strong revenue may qualify for higher amounts through our working capital or line of credit products.

How long does farm equipment financing approval take?

Most farm equipment financing applications receive a decision within 24 hours. Funding can be completed in as little as 2–5 business days once all documentation is submitted.

Do I need perfect credit to finance farm equipment?

No. MFE works with farmers across a wide range of credit profiles. While strong credit improves terms, we evaluate the overall health of your farming operation, including revenue, time in business, and cash flow seasonality.

What documents are needed to apply for farm equipment financing?

Typically you'll need 3–6 months of business bank statements, a completed application, basic information on the equipment being financed, and a voided business check. Additional documentation may be requested for larger loans.

Can I finance used farm equipment?

Yes, MFE finances used equipment. Used John Deere, Kubota, Case IH, and other major brand equipment qualifies. The equipment's condition and age may affect available terms.

What is the difference between farm equipment financing and a working capital loan?

Equipment financing is secured by the equipment itself and used specifically to purchase machinery. Working capital loans provide flexible cash for any business expense — seeds, fertilizer, labor, repairs — without being tied to a specific asset.

Can seasonal farms qualify for equipment financing?

Yes. MFE understands agricultural seasonality. We work with farms that have seasonal revenue cycles, structuring payment terms that account for harvest-based cash flow rather than requiring equal monthly payments regardless of season.

Ready to Finance Your Farm Equipment?

Apply in minutes. Decision in 24 hours. Funds in as little as 2–5 business days.

Start Your Application

Why Choose Merchant Fund Express

Expertise: Our team includes certified funding specialists with years of experience helping businesses access capital.

Trust & Transparency: We're committed to transparent lending practices with no hidden fees or surprise terms.

Fast Approvals: Our streamlined process provides decisions within 24 hours in most cases.

Flexible Solutions: We work with you to customize funding solutions that match your specific business needs and cash flow.