Farm Machinery

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Finance - A brief guide

  • The internet is a good place to start where you can check out your own and other bank rates on-line from the office or at home.
  • If your purchase is under $50,000 a Hire Purchase contract may be the easiest and quickest way to go.
  • The greater the purchase price, the harder a financier will look at your books, so keep them up to date.
  • Understand what a finance company's interest and finance rates are.
  • Don't make a repayment term too long.
  • Don't forget to advise your insurance company of your new acquisition.