Compare Farm Equipment Finance from 50+ Australian Lenders

Get tractors, harvesters and essential farm machinery without large upfront costs. Compare tailored quotes in minutes with no impact on your credit score.

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Farm Equipment Finance Australia
Agricultural Equipment Loan

Farm Equipment Finance Made Simple

Finance the machinery and tools your farm needs to thrive. Designed for Australian farmers and agribusinesses looking for affordable, flexible funding.

Borrow With Confidence

Typical amounts from $10,000 to $2 million+

Flexible Terms

Loan terms from 1 to 7 years

Fast Approval

Funding often within 24–48 hours

Secured by Equipment

The asset serves as collateral for lower rates

Seasonal Repayments

Match repayments to harvest or livestock income cycles

Any Farm Purpose

From tractors to irrigation, storage and fencing

How Farm Equipment Finance Works

We connect you with lenders offering tailored farm finance so you can invest in equipment with confidence.

1.

Apply online in minutes

Enter details about your farm and the equipment you need.

2.

Get matched offers

Receive quotes from lenders who specialise in agricultural finance.

3.

Choose your loan

Compare terms, rates and repayment structures to pick the right option.

4.

Get approved & funded

Approval and funding often within 24–48 hours.

How Farm Equipment Finance Works

Backed by over 50+ lenders

Giving you the best chance of being approved.

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Alex Bank
Angle Finance
ANZ
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Australian Premier Finance
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Azora
Bank of Melbourne
Bizcap
BOQ
Branded Financial Services
Capify
Capital Finance
CarStart Finance
CFI
Dynamoney
EarlyPay
Equity Tap
Finance One
Finstro
Firstmac
Flexi Commercial
Green Light Auto
Grenke
Latitude
Liberty
Lumi
Metro
Money3
MoneyMe
MoneyPlace
Morris Finance
Moula
Multipli
Now Finance
Pepper Money
Plenti
Prospa
Resimac
ScotPac
Selfco
Shift
SocietyOne
UME Loans
Vestone
Westpac
Wisr
Yellow Gate

Ready to get started?

Compare farm equipment finance options from 50+ lenders with one simple application.

A quick guide to farm equipment finance

Farm equipment finance provides Australian farmers with the ability to purchase essential machinery without the burden of upfront costs. Instead of depleting working capital, repayments are spread over time, preserving cash for wages, feed, seed and day-to-day running expenses.

Most loans are secured against the equipment, which lowers risk for lenders and helps secure competitive interest rates. Terms typically range from 1 to 7 years, and many lenders offer seasonal repayment structures to match harvest and livestock income cycles.

Farm equipment finance can cover almost any agricultural need — from tractors and harvesters to irrigation, fencing, storage, or milking systems. Whether you’re modernising equipment, expanding production, or improving efficiency, tailored finance ensures you stay competitive.

For many Australian farmers, this finance is essential: it provides access to the latest technology, supports productivity and ensures farms remain sustainable and profitable in an industry with high capital costs.

Want to skip ahead?

This guide is broken down into the following sections. Click a link if you want to skip ahead.

Types of farm equipment finance

Here are the most common finance products farmers use to acquire equipment:

Chattel Mortgage

A secured loan where you own the asset from day one while the lender holds a mortgage over it as security. Perfect for business equipment, vehicles, and machinery purchases.

Loan Amount$5,000 - $2,000,000
Term12 - 84 months
Interest RateFrom 6.59%
Time to Fund24 - 48 hours
EligibilityABN registered, GST registered (if applicable), Australian Citizen or PR
Pros
  • Immediate ownership of the asset
  • Tax benefits - claim GST credits and depreciation
  • Flexible repayment terms available
  • Lower interest rates due to security
Cons
  • Asset serves as security - risk of repossession
  • Comprehensive insurance typically required
  • Ongoing maintenance responsibilities
Best For

Established businesses looking to purchase equipment, vehicles, or machinery with immediate ownership and maximum tax benefits.

Hire Purchase

A financing arrangement where you hire the asset with an obligation to purchase it at the end of the term. Combines the benefits of gradual ownership with manageable monthly payments.

Loan Amount$5,000 - $2,000,000
Term12 - 84 months
Interest RateFrom 6.59%
Time to Fund24 - 48 hours
EligibilityABN registered, GST registered (if applicable), Australian Citizen or PR
Pros
  • Guaranteed ownership at term completion
  • Fixed monthly payments for budgeting
  • No large upfront capital required
  • Tax benefits available during the term
Cons
  • No ownership until final payment made
  • Higher total cost than outright purchase
  • Asset cannot be sold during the term
  • Early termination may incur penalties
Best For

Businesses that want eventual ownership of assets but need to spread the cost over time, particularly suitable for essential equipment with long useful life.

Finance Lease

A lease agreement where you use the asset throughout the lease term with the option to purchase it at the end. Ideal for businesses wanting to preserve cash flow while accessing essential equipment.

Loan Amount$5,000 - $2,000,000
Term12 - 84 months
Interest RateFrom 6.59%
Time to Fund24 - 48 hours
EligibilityABN registered, GST registered (if applicable), Australian Citizen or PR
Pros
  • Lower upfront costs and deposits
  • Preserves working capital and credit lines
  • Tax deductible lease payments
  • Option to purchase at lease end
Cons
  • No ownership until lease completion
  • Total cost may be higher than outright purchase
  • Early termination penalties may apply
Best For

Growing businesses that need equipment access without large capital outlay, or companies wanting to preserve cash flow for operations.

What can I use farm equipment finance for?

Farm equipment finance covers a wide range of agricultural machinery and infrastructure:

Tractors

Essential for ploughing, planting and harvesting across farms of all sizes.

Harvesters

Improve efficiency with modern harvesters for wheat, corn, soybeans and more.

Planting & Seeding

Finance precision seeders and planting equipment to boost yields.

Sprayers

Purchase fertiliser and pesticide sprayers to improve crop health and output.

Hay & Forage

Fund equipment for harvesting and storing hay and silage for livestock.

Livestock Handling

Invest in handling systems like chutes, gates and pens for safety and efficiency.

Irrigation Systems

Install or upgrade irrigation to secure reliable water supply for crops.

Grain Storage

Construct or expand grain storage facilities for post-harvest management.

Milking Equipment

Finance milking machines and tanks to support dairy operations.

Fencing & Containment

Build or upgrade fencing to keep livestock safe and secure.

Case Study

Farm Equipment Finance Case Study

Claire Williams, Williams Family Farms

Boosting Yields with Farm Equipment Finance


Industry: Agriculture

Challenge: Outdated machinery leading to inefficiency and reduced crop yields.

Solution: A 6-year chattel mortgage secured against a new harvester and irrigation system.


Claire runs a mixed-crop farm in regional Victoria. With ageing machinery, she faced delays at harvest and uneven irrigation that reduced yields. Through Emu Money, she compared farm equipment finance options and secured a 6-year chattel mortgage for a modern harvester and irrigation upgrade. Repayments were structured to align with seasonal cash flow. The new equipment increased efficiency, boosted yields, and allowed her to expand into new crops — with predictable repayments that supported long-term planning.

How much can I borrow with farm equipment finance?

Farm equipment finance in Australia typically ranges from $10,000 for small machinery to several million dollars for specialist equipment or infrastructure. Borrowing limits depend on the equipment’s cost, age and expected life, as well as your farm’s financial profile.

Because loans are secured against the equipment, lenders can often provide higher borrowing amounts and more competitive interest rates than unsecured loans.

Farm Equipment Finance Repayment Calculator

Estimate repayments and total cost. Adjust the loan amount, term and interest rate to plan your cash flow.

Loan Amount
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Interest Rate
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Total amount to repay
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Balance over time

Am I eligible for farm equipment finance?

Eligibility is generally straightforward since farm equipment is an income-producing asset. Lenders assess turnover, bank statements and repayment history when reviewing applications.

You may be eligible if you are:

  • An Australian citizen or permanent resident

  • Over 18 years old

  • Operating a registered farm or agribusiness

  • Able to provide recent bank statements

  • Hold an ABN (and GST registration if required)

How to apply for farm equipment finance

Apply online in minutes and get instant quotes from multiple lenders. Select your preferred option, upload documents, and funding can often be arranged within 24–48 hours.

Documents you may need:

  • ABN and GST registration details

  • Photo ID (driver’s licence or passport)

  • Recent business bank statements

  • Tax returns or financials (for larger loans)

How to save money on farm equipment finance

Saving money on farm equipment finance comes down to comparing offers and structuring terms correctly. A shorter term reduces total interest but increases repayments, while a longer term eases cash flow but costs more overall.

Many lenders offer seasonal repayment schedules that align with harvest income, reducing stress during slower months. Watch for establishment or early repayment fees, which can add up.

If your farm has strong revenue, making extra repayments can reduce interest costs over time. Aligning repayment frequency with your income cycle also helps manage cash flow effectively.

Example: $350,000 financed at 7.75% p.a.:

TermRepayment AmountTotal Amount to Repay

24 months

$15,811

$379,464

36 months

$10,957

$394,452

48 months

$8,580

$411,840

60 months

$7,079

$424,740

Understanding farm equipment finance options

Farm equipment finance products differ in structure. Here are the key features to consider before applying:

Security: Asset-backed

Loans are secured against the equipment, lowering risk for lenders and improving access to better rates.

Personal Guarantee

Some lenders request a personal guarantee from the farmer or business owner.

Term: Fixed vs Seasonal

Loans usually run 1–7 years, with options for seasonal repayment schedules.

Interest Structure

Fixed rates are most common, giving predictable repayments. Variable rates are less common but available.

Fees & Charges

Establishment fees, ongoing account fees, and early termination charges may apply.

Repayment Frequency

Repayments may be weekly, monthly, or seasonal — align with your farm’s cash flow cycle.

Testimonials

VerifiedVerified Review

Ryan was Very helpful through the entire process and made everything super simple for me. Had no issues altering and changing to suit my needs throughout

Kye Z.

Review posted on 2023-12-20

VerifiedVerified Review

I had an outstanding experience working with Eugin to get my car finance sorted! From the very beginning, Eugin was professional, knowledgeable, and incredibly helpful. He made what can often be a complicated process feel smooth and stress-free. His attention to detail ensured everything was handled efficiently, and he guided me through each step with clear explanations. Thanks to Eugin's support, I secured the financing I needed to buy my car, and I couldn't be happier. If you're looking for someone reliable and dedicated to help you with car finance, I highly recommend Eugin at Emu money. He truly goes above and beyond!

Pabasara G.

Review posted on 2023-11-01

VerifiedVerified Review

Thank you Brad for your help and patience in organising our funding. As discussed we highly recommend you. Many thanks.

Ryan P.

Review posted on 2023-11-01

VerifiedVerified Review

Eujin made the process of securing a personal loan and car finance quick and hassle-free. He was efficient, easy to deal with, and provided excellent service. Highly recommend!

Nisal M.

Review posted on 2024-01-31

VerifiedVerified Review

We highly recommend Brad, he went above and beyond to assist us and kept us informed all the way through the process. 5 stars all the way!! loooking forward to working with you again when we need to purchance our next hooist or other workshop equipment!! cheers

Gregory S.

Review posted on 2023-11-01

VerifiedVerified Review

Amazing customer service experience only took short time thanks Ryan

daniel r.

Review posted on 2023-11-01

Frequently Asked Questions

Farm Equipment Finance FAQs

These helpful FAQs will help you find the answers you need. If you can't find what you're looking for, you can request a callback below.

Can I finance used equipment?
Do I need collateral?
Can repayments match harvest income?
How quickly can I get approved?
What interest rates apply?