How does it work?
This is the most common way to finance machinery in New Zealand. You decide what equipment to buy, negotiate the sale with the dealer and then sign a hire purchase 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 to preserve working capital and attain ownership when all payments are made.
Passes to the customer upon final payment.
Any amount up to 100%*
Fixed for the term of the loan.
Tailored to your needs.
Balloon / Residual?
Payable upfront, customer pays full amount on next GST return
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"