Agriculture

Asset finance can be used to finance various pieces of agricultural equipment such as tractors and other farming machinery. With asset finance, owners can pay only for what they use, allowing them to retain full ownership of their property or business. This is a good option for those who need more than one piece of equipment, but don’t want to buy each piece individually. 

 

It also allows farmers and ranchers to upgrade their equipment without having to take out a loan on everything at once. For example, you could purchase a tractor with a UK asset finance plan that allows you to lease it over time while keeping your farm intact and your credit line open.

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