Get FinancingCurrencyFinance Helps Buyers Secure Farm Equipment Funding With Ease
If the only equipment you needed to run a farm was a single tractor, funding would be much simpler, but farming operations require a vast array of equipment, attachments, and implements, each of which may cost hundreds of thousands of dollars. Luckily, CurrencyFinance is here to help farmers get the equipment they need.
Currency is a fintech business offering multiple solutions, including CurrencyFinance, which can help you extend secure, reliable point-of-sale financing to your customers. Your customers get the funds they need, and you get to finalize sales more quickly.
Fast, Easy Financing
Currency works with a trusted network of lending partners to find the best available rates and terms, sometimes within 24 hours. A streamlined application process and electronic documentation system help make this possible.
Your customer can complete a CurrencyFinance online loan application in just minutes. Next, Currency’s expert team of specialists works with their lending partners to find the best financing options, regardless of the customer’s credit history.
CurrencyFinance can secure loans up to $500,000 with low, fixed rates and flexible repayment terms up to 72 months. In many cases, little or no money down is required.
To better match a farmer's unique cash flow, CurrencyFinance allows for annual and semi-annual payment schedules. Additionally, the first annual or semi-annual payment can be deferred for up to six months from funding, allowing the new asset to get into production and perfectly line up with upcoming harvest and cash flow cycles.
It Starts With A Click
CurrencyFinance has helped scores of ag dealers by giving their customers several easy ways to apply for farm machinery loans. Each for-sale listing on TractorHouse.com, SpecialtyCropEQ.com, NeedTurfEquipment.com, AuctionTime.com, MarketBook.ca, and other Sandhills Global trade sites and auction platforms has a prominent Apply For Financing button. Customers simply click to start an application.
You can also launch an application for a customer via the CurrencyFinance Dealer Portal app in the Sandhills Cloud. After an application is submitted, you can review it and monitor its progress from the CurrencyFinance dashboard.
You and your customer will work with the same point of contact at Currency throughout the entire funding process. That way, everyone stays on the same page.
Full Financial Service
In addition to helping your buyers obtain reliable loans for tractors, tillage equipment, harvesters, implements, and other types of farm equipment, Currency offers solutions to meet the needs of your customers and your dealership. These include:
- Leases
- Refinancing
- Working capital loans
- Finance agreements
- Sales-leaseback financing
Beyond Equipment Financing
In addition to farm machinery, construction equipment, trucks, and trailers, Currency can help buyers secure aircraft financing. CurrencyAir’s network of lenders offers some of the lowest rates in the industry, with terms up to 20 years for all mission types and aircraft. While many lenders only finance aircraft less than 20 years old, CurrencyAir will consider financing any single- or twin-engine piston aircraft, turboprop, jet, or helicopter manufactured in 1950 or later.
Learn More Today
For more information, visit GoCurrency.com/currency-for-dealers. Or contact your Sandhills representative today to get started with CurrencyFinance for your business and your customers.
A version of this article first appeared in Sandhills Magazine. You can find current and back issues in the Sandhills Magazine Archive