• Local Phone
  • Armstrong: 250-546-3141
  • Kamloops: 250-851-3101
  • Toll Free
  • Armstrong: 1-800-661-3141
  • Kamloops: 1-888-851-3101

Finance Options Built To Work For You

Whether you’re a large-scale producer or a hobby farmer working on an acreage, you have equipment needs. We know that in today’s marketplace, you will consider financing options probably as much as you consider the mechanical features and benefits of the equipment you are acquiring.

Don’t let the perceived price pressure associated with an equipment purchase prevent you from pursuing the equipment you need. We have finance and lease options that can help you make it happen.

Our finance partners, including CNH Industrial Capital Canada Ltd, Agco Finance Canada Ltd., and DLL Mahindra Finance, offer a variety of financing options, with flexible payment schedules timed to meet your cash flow needs. Plus there are a number of lease options available to help you acquire the equipment you need, without a large cash outlay that a downpayment would need.

If you would like to print off and complete an application for credit, please click on the appropriate finance partner’s logo below.

Information required for completion of application for credit

Individual or sole proprietorship:

  • Your first name, last name, and middle initial or middle name, as indicated
  • Mailing address, postal code, and phone number. Prior mailing address if less than 2 years at current address
  • Social insurance number and date of birth
  • Years in business
  • Bank name, location, phone number, contact name, and length of time that you have been their customer.
  • Number of acres owned and rented
  • If financing through DLL for Mahindra, Landini or McCormick, please indicate total assets, total liabilities, and annual income
  • Indicate “yes” or “no” for the judgements, repossession, and bankruptcy question
  • Applicant signature at the bottom of the first page

Legal business entity:

  • Legal business name and type of business.
  • Mailing address, postal code and phone number.
  • GST number
  • Years in business
  • Bank name, location, phone number, contact name, and length of time that you have been their customer.
  • Number of acres owned and rented
  • First name, last name, and middle initial or middle name for company signing officer(s), and title
  • Social insurance number and date of birth for company signing officer(s)
  • If financing through DLL for Mahindra, Landini or McCormick, please indicate total assets, total liabilities, and annual income
  • Indicate “yes” or “no” for the judgements, repossession, and bankruptcy question
  • Applicant(s) signature at the bottom of the page, with title.

Please let us know should you need help with completing the application.

Case IH Finance/Lease

Agco Finance/Lease

Mahindra, Landini, and McCormick Finance

FINANCE VS LEASE

In case you were wondering about differences or advantages of finance versus lease, here are some of the main considerations:

If you Finance your Equipment

  • You own the equipment.
  • You have no hour usage restrictions.
  • You can expect to pay a minimum down payment of 10-15% of the value of the equipment purchase.
  • You pay for your equipment and related finance charges, in monthly, quarterly, semi-annual, or annual installments, over the contract term.

If you Lease your Equipment

  • You generally pay lower monthly or annual payments than if you financed the same equipment, plus any applicable taxes are added to each lease payment instead of to the purchase when financed.
  • You have options at lease end to buy the equipment, return it or renew the lease.
  • You have the flexibility to change or upgrade your equipment every few years for current technology for better productivity.

Benefits of Leasing

Leasing can be the most financially advantageous way to operate your equipment. It provides maximum cash flow and equipment flexibility. You can operate larger, more powerful, better-equipped machinery. You can also pay for equipment out of your operating budget not from capital reserves.

  • Lower Down Payments: Purchases usually require 10-15% down payment. There are lease plans that require little money down, usually only the first 2 or 3 lease payments plus any applicable taxes.
  • Lower Monthly Payments: Lessees only pay for the portion of the equipment used, which is the difference between equipment cost and lessor’s residual. Residuals make the lease payment lower than the loan payment.
  • No Up-Front Costs: Sales tax is paid over time in a lease, as part of the lease payment.
  • Flexible Payment Options: Payments can be tailored to match your usage of the equipment, accounting needs or revenue pattern. There are operating, capital or full payout lease options with varying tax advantages.
  • Three Options at Lease Termination: Purchase the equipment, return the equipment or renew the lease for an additional term.
  • Change or Upgrade Equipment Every Few Years: Allows you to continually have current technology for better productivity.
  • Preserve Lines of Credit: Leasing provides another source of credit to preserve your operating lines for what they are intended, not equipment acquisition.