Farm Equipment Financing

Farm Equipment Financing with Fincap

Equipment financing gives agriculture businesses the flexibility to modernize operations without putting pressure on cash flow. Whether the goal is to add new products or integrate reliable used equipment, our team designs financing with terms that fit the reality of farming.

Through a network of more than 25 Canadian lenders, farmers gain access to competitive rates and tailored structures that support both seasonal needs and long-term projects.

What makes the difference is the personalized guidance provided by our experts. From evaluating lease financing to helping you find a dealer, every step is handled with clarity and efficiency.

This approach ensures farms can focus on productivity and growth while relying on financing that adapts to their unique requirements.

‍Why Lease Farming Equipment?

Leasing offers farmers and agribusinesses a practical way to expand operations while protecting working capital. Instead of tying up cash in large purchases, monthly payments free resources for seed, feed, or land management.

With flexible terms, leases adapt to the cycles of agriculture, making it easier to match payments to seasonal revenues. Farmers can access tractors, harvesting tools, or other agricultural machinery without the risk of rapid depreciation.

Compared to traditional farm equipment loans, leasing provides tax advantages and options to upgrade machinery at the end of the term. This makes it a smart financing option for companies that want to stay efficient, competitive, and financially agile.

‍What Type Of Agricultural Equipment Can Be Financed?

Our programs cover a wide range of agricultural equipment, giving farmers access to the tools they need through flexible finance options. Whether you want to add a single tractor or invest in advanced machinery, we can adapt the financing to your farm’s operations.

Forage baler: This tool compacts hay and straw, simplifying transport and storage. Also known as a baler or baler-picker, this equipment is a practical, time-saving solution.

Harvesting equipment: Various machines, such as combines, are essential for harvesting cereals or pulses. This type of machinery performs several operations, such as cutting, threshing and separating the straw from the grain, and cleaning up immediately after harvesting.

‍Plough: Used mainly for ploughing, the plough prepares the soil for sowing.

‍Steel structure: Opting for a steel structure as an agricultural tool offers advantages such as durability and rapid installation. This option is particularly suited to constructing large storage or work areas.

Grain bin: A grain bin is a farming tool that can reduce storage costs and increase production autonomy. It is ideal for improving harvest logistics.

‍Watering machine: Known as an irrigation system, this machine supplies water to crops during drought.

‍Seeding equipment: Seeding equipment facilitates the uniform and organized planting of seeds, helping to prepare the harvest.

Tractor: A versatile tool that powers ploughs, seeders, and other farm implements.

‍Grain handling equipment: Tools such as belt conveyors and bucket elevators facilitate grain transport. In addition, augers, also financed by our services, help with sorting and storage. Investing in this type of machinery reduces manual effort and improves efficiency in crop management.

Farm animal equipment: Whether it's feeders, troughs, or ventilation systems, this equipment supports animal care and ensures a healthier environment.

‍Sprayers: These tools help to disperse powdered or liquid products on crops, contributing to the quality of harvested produce.

Why Choose Fincap To Finance Your Farm Equipment In Quebec And Canada?

Equipment financing gives agriculture businesses the flexibility to invest in essential machinery without draining financial resources. By focusing on the real needs of farm operations, we design financing strategies that align with both day-to-day activities and long-term objectives.

With access to more than 25 lenders across Canada, including Quebec, farmers benefit from easy accessibility to competitive programs. Whether you need a tractor, harvesting equipment, or grain-handling products, we make sure financing terms are structured to fit your operation.

Our strength lies in connecting companies with the right finance resources and providing expert support throughout the process. This approach keeps applications simple while ensuring that farms can rely on solutions tailored to their growth.

Lease vs Loan: Advantages and Disadvantages

Leasing

Key benefits

Flexibility: Renting allows you to acquire equipment without the constraints of an up-front investment.

Tax benefits: Payments made for renting are deductible as business expenses, reducing the company's income tax.

‍Access to state-of-the-art equipment: Renting facilitates the acquisition of new or used equipment without a long-term commitment.

Disadvantages

Total cost: Renting can be more expensive than outright purchase over time.

‍No ownership: At the end of the rental contract, the equipment does not belong to the company unless a purchase option is exercised.

‍Contractual restrictions: Leasing may include restrictive clauses like mileage or wear-and-tear limits.

Loans

Key benefits

Ownership: Loans enable the immediate acquisition of equipment, which becomes company property.

‍Financing flexibility: Loans repayments impact the cash flow and the company's balance sheet.

Residual value: Equipment can be resold or used to support future financing.

Disadvantages

‍Initial investment: Loans often require a substantial initial contribution.

‍Financial burden: Loan repayments impact the cash flow and the company's balance sheet.

‍Obsolescence: The company assumes the risk of obsolescence of the equipment purchased. In short, when it comes to acquiring equipment, there are two main options to consider: leasing and taking out a loan. Opting for a lease is an excellent choice if you need flexibility and want to avoid a large initial investment. You can enjoy tax advantages and don't have to worry about equipment obsolescence. However, it's important to remember that this method can be more expensive in the long run, and you won't own the equipment.

On the other hand, taking out a loan allows you to own the equipment immediately, giving you the freedom to sell it whenever you choose. While purchasing it requires an initial investment, it's worth noting that owning the equipment outright can bring peace of mind. But, there's always a risk of the equipment becoming outdated, which can be a drawback.

Whether you choose to lease or take out a loan for equipment acquisition depends on your specific needs. Make sure to weigh each option's pros and cons carefully before deciding.