5.0 rating
Typical amounts from $10,000 to $2 million+
Loan terms from 1 to 7 years
Funding often within 24–48 hours
The asset serves as collateral for lower rates
Match repayments to harvest or livestock income cycles
From tractors to irrigation, storage and fencing
Enter details about your farm and the equipment you need.
Receive quotes from lenders who specialise in agricultural finance.
Compare terms, rates and repayment structures to pick the right option.
Approval and funding often within 24–48 hours.
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.
This guide is broken down into the following sections. Click a link if you want to skip ahead.
Here are the most common finance products farmers use to acquire equipment:
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.
Established businesses looking to purchase equipment, vehicles, or machinery with immediate ownership and maximum tax benefits.
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.
Businesses that want eventual ownership of assets but need to spread the cost over time, particularly suitable for essential equipment with long useful life.
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.
Growing businesses that need equipment access without large capital outlay, or companies wanting to preserve cash flow for operations.
Farm equipment finance covers a wide range of agricultural machinery and infrastructure:
Essential for ploughing, planting and harvesting across farms of all sizes.
Improve efficiency with modern harvesters for wheat, corn, soybeans and more.
Finance precision seeders and planting equipment to boost yields.
Purchase fertiliser and pesticide sprayers to improve crop health and output.
Fund equipment for harvesting and storing hay and silage for livestock.
Invest in handling systems like chutes, gates and pens for safety and efficiency.
Install or upgrade irrigation to secure reliable water supply for crops.
Construct or expand grain storage facilities for post-harvest management.
Finance milking machines and tanks to support dairy operations.
Build or upgrade fencing to keep livestock safe and secure.
Claire Williams, Williams Family Farms
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.
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.
Balance over time
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)
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)
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.:
Term | Repayment Amount | Total 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 |
Farm equipment finance products differ in structure. Here are the key features to consider before applying:
Loans are secured against the equipment, lowering risk for lenders and improving access to better rates.
Some lenders request a personal guarantee from the farmer or business owner.
Loans usually run 1–7 years, with options for seasonal repayment schedules.
Fixed rates are most common, giving predictable repayments. Variable rates are less common but available.
Establishment fees, ongoing account fees, and early termination charges may apply.
Repayments may be weekly, monthly, or seasonal — align with your farm’s cash flow cycle.
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