Tractor Finance for Australian Farmers and Ag Contractors

Yes, repayments can be structured around the harvest cycle. Seasonal repayment structures (skip-month, harvest-end lump, 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.

Yes, multiple machines can be financed together. 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.

Yes, an existing tractor loan can be refinanced. Refinance is common when an existing deal was settled at high rates, has an unfavourable structure, or is consolidating multiple machines into one master facility.

A wide panel of Australian lenders spanning major banks, ag-specialist lenders, asset financiers and non-bank lenders that specifically understand grower-contract income, harvest cycles, seasonal cashflow and the residual value of farm equipment.

Chattel mortgage: you own the tractor, claim depreciation and GST, lender holds security. Finance lease: lender owns it, you pay rental; GST claimed on each payment. Most owner-operators run chattel for depreciation. Both available.

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 and contract harvesters whose income comes from seasonal harvest.

Low-doc tractor finance is asset finance assessed on a reduced document set, typically BAS, bank statements and the grower contract, rather than full financials and tax returns. Best suited to established growers with an active ABN.

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 tractor purchases generally fall under standard depreciation. Consult your accountant.

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.

A tractor you have found for sale online can be financed whether the listing sits with a dealer, a machinery marketplace or a classifieds page. The lender assesses the machine itself, so the make, model, year, hours and the type of seller matter far more than where the advertisement appeared. Send us the listing and we will confirm what that lender needs to see.

There is no fixed age or hours cut-off across the panel. Lenders weigh the make, model, hours and condition against your trading history, so a well-maintained high-hour tractor from a mainstream brand is often funded where a rarer machine of the same age is not. Older machines may attract a shorter term or a deposit.

To apply for tractor finance you need an active ABN, recent BAS or bank statements, the machine details including serial number, hours and year, and the supplier invoice or quote. Grower contracts or delivery agreements help where income is seasonal. We confirm exactly what your lender match needs after a quick call.