Farm Equipment
Finance Calculator
Financing a tractor, header, air seeder or sprayer? Answer a few quick questions to find your indicative rate and see your weekly, fortnightly and monthly repayments, worked out from your situation in seconds.
Estimate Your Repayments
Tell us the asset and a few details about your business, and we'll estimate your rate and repayment as you go.
We estimate an indicative rate from these answers, so you do not need to know it.
or $0/week · $0/fortnight
As a GST-registered business, you may be able to claim the GST on the purchase, depending on the finance structure. Speak with your accountant.
Get My Personalised QuoteFree and no obligation. Asking will not affect your credit score.
Estimates only. Not a quote, offer or approval. The indicative rate is a guide based on your answers; your actual rate, fees and repayment are set by the lender and subject to approval and eligibility criteria.
Let's Make Sense of Your Numbers
No jargon and no pressure. Pick a topic below and we will explain it in plain English, the way we would over a coffee, so you can make a confident call.
Indicative rate
A friendly guide, not a locked-in number. Your real rate depends on little things like how long you have been trading and the asset itself. Finding you a sharp one is our job, not yours, and you never have to work it out alone.
Talk this through with a specialistBalloon or residual
A slice of the loan you set aside for the very end, which keeps your weekly payments lighter today. When you get there you can pay it out, refinance, or trade the asset in, and we walk you through whichever suits you best.
Talk this through with a specialistChattel mortgage
The most common, straightforward way to finance business gear. The asset is yours from day one, and it often comes with handy GST and tax perks your accountant will love. We handle the paperwork.
Talk this through with a specialistBigger deposit or trade-in
A deposit, or trading in something you already own, means a smaller amount to finance and less interest along the way. Even a modest amount makes a difference, and there is no minimum you have to hit.
Talk this through with a specialistA longer loan term
Spreading the loan over more years makes each payment smaller and kinder on your cash flow. You pay a little more for the breathing room, and that is a perfectly normal, sensible trade to make.
Talk this through with a specialistAdding a balloon
Leaving a lump sum for the end keeps your weekly payments lower now. Plenty of businesses do it to protect cash flow, and we help you plan for that final payment well in advance.
Talk this through with a specialistGST on the purchase
If you are registered for GST, you may be able to claim the GST on the asset, depending on how the finance is structured. Your accountant can confirm exactly what applies to you.
Talk this through with a specialistDepreciation and tax
Business assets can often be depreciated, and the interest may be deductible. It is worth a quick chat with your accountant to make the most of it at tax time.
Talk this through with a specialistNo impact to ask
Getting an estimate or asking us a question does not touch your credit score. You are only formally assessed once you choose to go ahead with an application.
Talk this through with a specialistNot sure what is right for you? That is what we are here for.
Tell us a little about your business and we will shape the deposit, term and balloon around your cash flow, then do the lender shopping for you across our panel. It is free, there is no obligation, and simply asking will not affect your credit score.
These figures are a friendly estimate to help you plan, not a formal quote or approval. We confirm your real numbers with the lender and walk you through every one before you decide anything.
From Estimate to Settlement
You do the estimate. We do the shopping around, the paperwork and the lender match. It is free, with no impact on your credit score to enquire.
- 01Estimate your repayment
- 02Send a few business details
- 03We match you across 80+ lenders
- 04Get your indicative pre-approval
- 05Sign and settle
Why Operators Skip the Bank Queue
The same deal, four different doors. Here is how a specialist broker stacks up against the alternatives.
Equifund
Specialist broker
- 80+ lenders on one form
- Pre-approval often in 24 hours
- Property often not needed
- Used and older assets welcome
- Low-doc and new ABN options
- Your broker does the legwork
- A dedicated specialist, start to finish
Your bank
Direct to one lender
- One lender, one view
- Days to weeks
- Property often required
- Restrictive on used assets
- Low-doc rarely
- You do the legwork
- Branch queue or call centre
Single lender
Direct to one financier
- One lender, one product
- Several days
- Sometimes required
- Limited appetite
- Case by case
- You do the legwork
- Call centre
Compare sites
A lead form
- A handful of lenders
- Varies by who calls
- Varies
- Limited
- Rarely
- You do the legwork
- Self-serve, then sales calls
Real Deals, Real Businesses
A snapshot of finance we have recently arranged across the industries we specialise in, from transport to agriculture.
Representative of recent Equifund settlements. Amounts are indicative and client details are changed for privacy. Not a quote, offer or approval.
What Equifund Clients Say
Australian business owners trust us for fast turnaround, flexible terms and genuine service.
Finance Across Every Industry
Farm equipment is just the start. We arrange commercial asset and equipment finance across the industries we specialise in, from farming and transport to construction and earthmoving.
Transport & Logistics
Trucks, prime movers and trailers for owner-operators and fleets.
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Farming & Agriculture
Tractors, headers, implements and machinery that work the land.
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Construction & Civil
Cranes, forklifts, compaction and site plant for builders and contractors.
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Earthmoving & Mining
Excavators, loaders, skid steers and dozers for civil and resources.
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Light Commercial Vehicles
Utes, vans and light trucks that keep the business on the road.
Explore ›Give Your Application the Best Shot
A few simple moves can widen your lender options and sharpen your rate. Here is what lenders actually look for.
The stronger your file, the sharper your options
Check Where I StandThese are general pointers to help you prepare, not a promise of approval. Tell us your situation and a specialist will show you exactly where you stand across our lender panel.
Common Commercial Finance Questions
Straight answers to the questions businesses ask most.
How are farm equipment finance repayments calculated?
Repayments are worked out by amortising the amount financed over your chosen term at an indicative interest rate, then adjusting for any balloon or residual left owing at the end. The amount financed is the tractor or machine price less any deposit and trade-in. This calculator returns indicative weekly, fortnightly and monthly figures. Actual repayments depend on the lender, rate, fees and finance structure.
Can I get seasonal or harvest-timed repayments?
Many agricultural lenders offer structures that suit farm cash flow, including seasonal repayments timed to your harvest or livestock income, or a larger balloon to keep regular repayments low between seasons. The right structure depends on your enterprise and the lender. Tell us how your income falls across the year and a specialist can match you with an ag-savvy lender across our panel. All finance is subject to lender approval.
Can I finance a used tractor or header?
Yes. Many lenders finance used farm machinery, including tractors, headers, air seeders, balers and sprayers. What matters most is the machine's age and hours, along with its make and condition. Higher-hour or older machines may need a shorter term or a larger deposit. A specialist can match your machinery to a lender comfortable with its age, hours and farm use.
What deposit do I need for farm equipment finance?
Many established farm businesses can access equipment finance with little or no deposit for strong profiles, subject to lender approval. A deposit or a trade-in reduces the amount financed and lowers your repayments. Newer ABNs or older machinery may be asked for a deposit, and property backing can help. Tell us your situation and we will show you what is realistic across our lender panel.
What is a chattel mortgage on farm machinery?
With a chattel mortgage you own the machine from day one and the lender holds a mortgage over it as security. GST on the purchase price may be claimable up front, and interest and depreciation may be deductible for business use. It is one of the most common structures for farm machinery. Your accountant can confirm how it applies to your primary production business.
Chattel mortgage or finance lease for farm machinery?
With a chattel mortgage you own the machine and the lender takes security over it. With a finance lease the lender owns the machine and leases it to you, usually with a residual at the end. The tax, GST and ownership outcomes differ between the two. Speak with your accountant about which suits your farm, and we can arrange either across our lender panel.
Can I claim GST and depreciation on financed farm equipment?
For eligible primary production use, GST treatment differs between finance structures, and depreciation and interest may be deductible. A chattel mortgage often allows the GST on the purchase to be claimed up front, while a lease usually applies GST to each repayment. This is general information only, not tax advice. Confirm the treatment for your farm business with your accountant.
Can I get farm equipment finance for a new farm or ABN?
Yes. Lenders assess your ABN history, farm income and the machine itself, so newer farm businesses and family operations have options, sometimes with a larger deposit or property backing. Every application is assessed individually. Tell us about your situation and a specialist will show you where you stand across our lender panel.
How much can I borrow for a tractor or farm machinery?
Borrowing capacity depends on your farm income, ABN and credit history, and the machine's type, age, hours and price. There is no fixed limit that applies to every business. An Equifund specialist compares a panel of over 80 commercial lenders, including ag-savvy funders, to find a competitive fit, then confirms your real numbers before you decide anything.
How fast can I get pre-approved for farm equipment finance?
For straightforward applications, an indicative pre-approval can often be provided within about 24 hours once we have a few business details. Pre-approval is not a formal approval; your lender confirms the final rate, structure and terms after assessing your application. It gives you a clear budget so you can move quickly at a clearing sale, dealer or private sale.
Does checking my farm equipment repayment estimate affect my credit score?
No. This calculator is an estimate to help you plan and does not involve a credit check, so using it does not affect your credit score. Enquiring with Equifund about your options also does not affect your score. A credit check only happens later, with your consent, when a lender formally assesses an application.
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Apply for Your Farm Equipment Finance
Tell us a few details and an Australian finance specialist gets back to you, usually the same business day.
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Thanks, an Australian finance specialist will be in touch, usually the same business day.