It is now less than a month out to most anticipated annual event on the agricultural industry calendar – AgQuip. The premier field days for primary industries, and the ideal opportunity for operators across the sector to catch up on the latest products and innovations with machinery manufacturers. Catch up and order new farm machinery and equipment!
Ordering equipment at field days is convenient in saving operators time in visiting showrooms and dealers on another occasion and can speed up delivery of necessary machinery. Visitors to AgQuip can expect the big names in the agri business to be on hand to showcase their latest releases to support operators to achieve greater efficiencies and productivity.
But in order to be ready to place that order, most business owners will be looking to have the financing confirmed. Machinery loans already organised and locked-in can provide confidence to proceed to place the order and to be in a position to purchase units in a price category that meets their approved loan limits.
Pre-arranged finance may also allow buyers to take advantage of any discounts that manufacturers may be offering for orders placed at the field days. Operators intending to order machinery at AgQuip 2024 can secure financing approval through Jade Equipment Finance in the lead-up to the event. Pre-approved machinery financing still attracts our highly competitive interest rates, individually negotiated terms, and tailored solutions.
Getting Pre AgQuip Approved Machinery Finance
For operators that have always sourced financing after rather than before machinery selection and purchase, be assured, our same level of service, low rates and individual attention apply. Financing is available through Jade for a wide range of assets used in the agricultural sector. These can include machinery and tools as well as IT and tech systems. Keep that in mind when browsing the exhibitor listing for AgQuip.
The same credit facilities apply to pre-approved machinery loans. Operators still select the most appropriate loan product from Chattel Mortgage, Leasing, Rent-to-Own and Hire Purchase. Balloons, residuals, buybacks and relevant tax deductions apply.
Details Required for Pre-Purchase Finance Approval
The major difference between finance applications before and after purchase is providing specific details of the machinery and the exact loan amount needed. While some operators will have an idea of what they intend to purchase, the exact details would not be available when applying for finance before purchase. In some cases, the exact price and hence finance total required is also not available.
To complete the pre-approval application and secure conditional approval, our brokers discuss individual plans with clients and obtain an indication of the machinery and the estimated loan needed. When estimating the total loan required, don’t forget to include the cost of the attachments and accessories which may be needed with the machine. We can usually include these expenses in the machinery finance when purchased concurrently with the machine.
This can be sufficient information, along with the business credentials, for our brokers to secure approval on the most attractive finance offer. Finance offers made prior to purchase are valid for a set period of time after which they expire, without obligation. Allowing operators the flexibility to have their loan confirmed but make final decisions after inspecting the units at AgQuip. Alternatively, giving the acquisition further thought after the show, and proceeding to order with the dealer by phone post-show.
When final details of the purchase are supplied with the dealer invoice, we can amend the loan offer accordingly.
Applying for Machinery Finance Prior to Purchase
Applications for finance prior to purchase can be made online or by phone with one of our brokers. Options include applying for a loan on a specific item of machinery or for a credit limit to acquire new assets TBA. A more general credit approval can allow for those purchases on items seen at the event but perhaps not previously considered.
Many approvals are received within 24 hours, catering for those last minute decisions to attend and buy at AgQuip. For pre-application planning, use our Machinery Finance Calculator to work up estimates, compare the different makes and models available, and set preferred terms and repayment parameters.
AgQuip Event Details
Over 100,000 visitors are expected over the 3 days of this year’s field days. So pre-planning your visit can be essential. AgQuip will be held from Tuesday 20 August through to Thursday 22 August at Gunnedah in NSW.
Gates are open from 8.30am to 4.30pm on Tuesday and Wednesday and close at 4pm on the Thursday. Parking on site opens at 7.30am. Tickets can be arranged by visiting the event website.
This major industry event only comes around once a year. Don’t miss your opportunity to not only attend, but to order new machinery and equipment to support growth in your operation. Apply for financing with Jade to ensure that purchase is cost-effective and affordable with finance tailored to your specific requirements.
To update your computers and IT systems with financing, contact Jade Equipment Finance on 1300 000 003 to discuss a workable loan package.
DISCLAIMER: IF MISINTERPRETATIONS, MISREPRESENTATION OR ERRORS EXIST IN THIS ARTICLE, NO LIABILITY IS ACCEPTED. THE INFORMATION IS PROVIDED ONLY FOR GENERAL PURPOSES AND NOT IN ANY MANNER INTENDED AS THE ONLY SOURCE FOR MAKING FINANCIAL DECISIONS. THOSE THAT CONSIDER THEY REQUIRE ADDITIONAL GUIDANCE OR ADVICE SHOULD REFER TO AN INDEPENDENT FINANCIAL ADVISOR.
