How does it work?
This is the most common way to finance machinery. You decide what equipment to buy, negotiate the sale with the dealer and then sign a chattel mortgage agreement to repay the capital and interest to AGCO Finance. The dealer's invoice is settled promptly by AGCO Finance and when the final instalment is paid the equipment belongs to you.
Borrowers wanting immediate ownership and the ability to build asset equity.
Ownership passes immediately to you with a mortgage (security interest) held over the equipment by AGCO finance .
Any amount up to 100%*
Fixed for the term of the loan.
Tailored to your needs. It may be important to consider the best time of year to make repayments and AGCO Finance will be pleased to discuss the repayment profile that will best match your income.
Balloon / Residual?
Can I claim full instalments as tax deductions?
Can I claim depreciation and interest as tax deductions?
"We are rural people who understand your needs"