Farm Equipment Finance Bridgewater

We finance every farm equipment class: broadacre tractors (John Deere 8R / 9R, Case IH Steiger / Magnum, New Holland T8 / T9, Massey Ferguson 8S, Fendt Vario), utility and compact tractors (Kubota M-Series / L-Series, Massey 5700S), headers and combines (JD S780 / S790, Case Axial-Flow, New Holland CR, Fendt IDEAL), hay and forage equipment (balers, mowers, conditioners, rakes), sprayers (Hardi, Croplands, GoldAcres), seeders and planters (John Deere DB, Case 1255, Bourgault, Morris), tillage gear and grain-handling equipment (augers, bins, field bins). New, used, ex-fleet, dealer or private sale.

Pre-approval typically comes back inside a business day when your application is complete. Settlement happens once you have signed contracts and any final lender conditions are met. Specialist asset lenders move faster than major banks on farm equipment deals because they assess the equipment, grower contracts and harvest income directly rather than waiting on property valuations.

No. Equifund's specialist lender panel includes options that assess on the farm equipment asset, your grower contracts, GrainCorp receival income and trading history rather than requiring property as security. This matters most for share-farmers, contract harvesters and family broadacre operations that don't want to lock the farm folio.

$0 deposit is available for prime applications, especially established growers with active grower contracts or contract harvest agreements. New ABNs typically need some contribution, but $0 deposit on the right deal is common for ongoing Loddon Mallee growers with verifiable harvest income.

Yes. Used tractors, headers, sprayers and hay equipment (including ex-dealer demonstrator and private sale) are all financeable through the specialist asset lenders we work with. Major banks typically have age cut-offs that knock out older farm equipment; specialist lenders look at equipment condition, hours and service history rather than calendar age alone. Ex-fleet John Deere 8R and Case IH Steiger with verified service history are common asset cases.

Yes. Multi-machine deals (tractor + header + sprayer for a full broadacre setup, or tractor + multiple hay implements for a hay contractor) are common. The lender panel includes options that fund packages under a master facility against the grower contract portfolio rather than per-machine bank applications.

Yes. Seasonal repayment structures (skip-month, harvest-end lump, or quarterly-to-match-receival) are standard for broadacre and hay+lucerne growers. Specialist lenders understand grower cashflow runs against GrainCorp / VicGrain receival cycles and hay-cut timing, not a monthly PAYG model. We arrange the structure that matches your operation's actual cashflow rhythm.

Yes. Refinance is common when an existing deal was settled at high rates, has an unfavourable structure (balloons, restrictive covenants), or is consolidating multiple machines into one master facility. We compare your current setup against the specialist panel and present options.

A panel of 80+ Australian lenders spanning major banks, specialist asset financiers, ag-specialist lenders and non-bank lenders that specifically understand grower-contract income, harvest cycles, seasonal cashflow and the residual value of farm equipment across John Deere, Case IH, New Holland, Kubota, Massey Ferguson, Fendt, CLAAS and McCormick.

Chattel mortgage: you own the equipment, claim depreciation and GST, and the lender holds security over the asset. Finance lease: the lender owns the equipment and you make rental payments; GST is claimed on each payment. Most owner-operators run chattel mortgage for the depreciation benefit; some operations mix lease for cashflow reasons. Both available across the specialist panel.

Grower-contract income recognition is how a specialist lender reads income from grower contracts, GrainCorp / VicGrain receival statements, hay supply agreements and contract harvest agreements rather than treating only PAYG salary as income. It matters for broadacre growers, contract harvesters and hay producers whose income comes from seasonal harvest, not a fortnightly pay slip.

Low-doc farm equipment finance is asset finance approved on a reduced document set, typically BAS, bank statements and the grower contract or harvest invoice, rather than full financials and tax returns. Best suited to established growers with an active ABN, grower contracts and trading history who don't have current-year financials prepared.

Tax treatment depends on the structure you choose and current ATO rules — for FY26, the small business instant asset write-off threshold is $20,000 per asset for businesses under $10M turnover. Larger farm equipment purchases (tractors, headers above the threshold) generally fall under standard depreciation. For specific advice on your situation, consult your accountant. We help structure the finance so the tax treatment lines up with your plan.

An Australian Credit Licence (ACL) is the ASIC authorisation required to engage in regulated credit activities in Australia. Equifund operates under ACL 389328. This means we are bound by responsible lending obligations and the National Consumer Credit Protection Act when arranging finance.

Yes. Loddon Mallee broadacre grower-contract income (GrainCorp receival statements from Bendigo, Charlton, Wycheproof and St Arnaud upcountry sites, VicGrain receival, plus on-farm grower contracts with bulk handlers, malt-barley buyers and oilseed processors) is one of the most common income bases for farm equipment finance through Equifund. Specialist lenders on the panel read grower invoices, harvest contracts and ongoing supply agreements directly rather than requiring PAYG income on a director.

No. Mixed-farming income (cropping receivals + livestock sales through Bendigo Livestock Exchange, Charlton Saleyards or NLIS-tracked livestock contracts) is a normal asset case for specialist lenders. They read the combined operation cashflow (grain + wool + lamb + cattle) directly. Multi-asset packages (tractor + hay equipment + livestock yards) typically run on one master facility against the mixed-farm income portfolio.