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Farm Equipment Finance from Case IH

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Farmers should think about the ‘whole of life’ costs of a finance product before selecting a lender to finance farm equipment purchases, says Case IH Marketing Manager Stuart Brown.  

“A significant proportion of farmers choose to pay out their loans before the end of the term, so they should think about whether exit fees might apply before they commit to a loan,” Stuart says. “It’s important to consider the big picture when entering into a contract. Look at all the benefits and the risks of the product and make sure you know what will happen if your needs change before the loan term expires.”  

Customers who arrange finance through their Case IH dealer for farm equipment finance have never been charged exit fees. “We know that farmers do sometimes want to pay out their loans early. We understand the need for flexibility.”  

Case IH farm equipment finance also allows customers to lock in their interest rate at no additional cost if they arrange finance when ordering equipment.  

“This provides a lot of peace of mind for our customers. They know that even if interest rates shift while they’re waiting for their machine to arrive, their rate is secure. It makes sense to arrange finance when the machine is being ordered just for the sake of convenience, but being able to lock in the rate makes it even more worthwhile.”  

Stuart says farmers should consider all of their needs when buying equipment or tractors and arranging for farm equipment finance.  

“Choosing the right machine is important, but so is choosing how to finance it. The repayment amount and relevant fees and charges obviously need to be factored in, but farmers also need to look at how well the product suits their particular requirements, and how well the financier understands their business. By arranging finance through the dealership our customers have access to finance that is specifically tailored for their industry.”

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