Farming & Agriculture
Farm & Agricultural Equipment Financing in Canada
Finance tractors, combines, sprayers and other farm machinery through one application with access to 40+ financing sources. Raymond Leigh arranges agricultural equipment financing for Canadian producers and agribusinesses, typically from about $50,000 to $5 million.
At a Glance
Farm Equipment Financing in Canada: At a Glance
What can be financed
Tractors, combines, headers, sprayers, seeders, balers, grain handling, livestock and dairy equipment, and farm trucks.
Transaction size
About $50,000 to $5 million, from a used tractor to a full line of machinery.
Used machinery
Used farm equipment may be considered depending on age, hours, condition and value.
Private sales and farm auctions
Purchases from neighbours or at farm auctions may be considered when the equipment can be valued and transferred clear of liens.
Harvest-timed payments
Annual or semi-annual payments that follow crop or livestock income are offered by some agricultural financing sources.
Equipment you already own
Equity in paid-off machinery may support refinancing or a sale-leaseback.
Why Businesses Finance
Financing Built Around the Farm Year
Farm income does not arrive monthly. Grain is sold after harvest, calves go to market in the fall, and milk cheques depend on quota and production. Equipment payments that ignore that rhythm put pressure on the operation at the worst time.
Machinery is also expensive and has to be ready when the season is. A combine that breaks down in September cannot wait for next year's budget. Financing lets producers replace or upgrade equipment when the operation needs it, not only when cash allows.
New and used equipment both have a place. Larger operations often run newer machinery with warranties and precision technology. Smaller farms and expanding operations frequently buy used from dealers, neighbours or auctions. Financing can work for both, and the payment schedule can often be set around harvest.
Equipment
Agricultural Equipment We Finance
These are the main categories of farm equipment Canadian producers finance.
Power units
Row-crop tractors, 4WD tractors, utility tractors and loader tractors.
Harvest
Combines, headers, swathers, forage harvesters and grain carts.
Seeding and crop care
Air seeders, planters, drills, self-propelled and pull-type sprayers.
Hay and forage
Balers, mower conditioners, rakes, tedders and bale handlers.
Grain handling
Grain bins, dryers, augers, conveyors and storage systems.
Livestock and dairy
Feed mixers, robotic milkers, barn equipment, telehandlers, skid steers and farm trucks.
By Machine
Farm Machinery Financing by Equipment Type
Financing sources look closely at the type of machine, its hours and how it fits the operation.
Tractor Financing
Tractors are among the most commonly financed farm machines. Utility tractors, row-crop tractors and high-horsepower 4WD units can all be financed new or used. Hours, transmission and included loaders or GPS guidance affect the valuation.
Combine & Harvester Financing
Combines and forage harvesters are often the largest single purchase on a farm. Financing can include the header and grain cart. Payment schedules that line up with harvest are common for these machines.
Planting & Seeding Equipment Financing
Air seeders, planters and drills are financed by grain operations upgrading for precision placement or larger acreage. Seed and fertilizer tanks, monitors and section control are usually part of the package.
Sprayer Financing
Self-propelled and pull-type sprayers are financed for crop protection and custom application. Sprayer technology changes quickly, so some producers prefer shorter terms or leases.
Hay & Baling Equipment Financing
Balers, mower conditioners, rakes and bale handlers are financed by hay producers, beef and dairy operations and custom operators.
Grain Handling Equipment Financing
Grain bins, dryers, augers and handling systems can be financed as part of an on-farm storage project. Installation costs may be reviewed alongside the equipment.
Used Farm Equipment Financing
Used farm equipment can often be financed whether it comes from a dealer, a neighbour or a farm auction. Financing sources review the machine's age, hours and condition, and may ask for photos or an inspection. See equipment financing for how used purchases work.
Agricultural Equipment Refinance
Producers with paid-off machinery can use agricultural equipment refinancing or a sale-leaseback to fund inputs, land payments or another purchase without selling equipment.
Financing Options
Financing Options for Farms & Agribusinesses
Farm operations use several structures. What fits depends on the equipment, the operation and the income cycle.
Equipment Financing
Finance new or used farm machinery with the equipment as security.
Explore equipment financingSeasonal & Annual Payments
Some sources offer annual or semi-annual payments that line up with harvest or livestock sales.
Equipment Leasing
Leases can suit fast-changing technology like sprayers and guidance systems.
Private Sale & Auction Financing
Equipment bought from neighbours or farm auctions may be financed when value and title are clear.
Sale-Leaseback
Turn paid-off machinery into working capital for inputs or land rent while it stays on the farm.
Explore sale-leasebackLand and quota purchases are usually financed through separate agricultural lending programs and are not covered on this page.
Use Cases
Common Farm Financing Scenarios
Replacing a combine before harvest
A grain farm's combine needs a major repair in August. The operation finances a newer used combine with payments starting after harvest.
Growing acreage
A producer rents more land and needs a bigger tractor and air seeder to cover it in the same window.
Investing in a dairy barn
A dairy farm finances robotic milkers and feeding equipment as part of a barn renovation.
Buying at a farm auction
A beef operation buys a baler and bale handler at a neighbour's dispersal sale and finances the purchase.
Funding inputs with owned equipment
A producer with paid-off machinery completes a sale-leaseback to fund spring inputs.
Ontario & Quebec
Ontario and Quebec Notes for Producers
A few provincial points come up in Ontario and Quebec farm deals. They are general information, not legal or tax advice.
Farm registration
Ontario farms typically hold a Farm Business Registration Number. Quebec farms register with MAPAQ. Financing sources may ask for this to confirm the operation.
Liens on used machinery
A tractor bought from a neighbour may still have financing registered against it. Lenders search the PPSA registry in Ontario or the RDPRM in Quebec before funding.
Sales tax on farm equipment
Certain farm equipment receives special sales tax treatment. Whether it applies depends on the equipment and your registration, so confirm with your accountant.
For farm equipment dealers
How Farm & Agricultural Equipment Dealers Can Offer Customer Financing
Farm equipment dealers can offer customer financing without lending their own money. Raymond Leigh sits behind your sales desk: you introduce the producer, and we take the deal to agricultural financing sources, including those that offer harvest-timed payments.
Producers compare payments, not just prices. When your team can quote an annual payment on a combine or a semi-annual payment on a sprayer, the conversation moves from "we'll think about it" to "when can you deliver." A second financing path also helps with older trade-ins and newer operations, where a producer's usual lender may hesitate.
Programs can cover new machinery, used and trade-in inventory, shortline implements and multi-machine orders. Your dealership owns the relationship. We look after applications, lender routing and closing documents, and keep you posted ahead of delivery.
Can a farm equipment dealer offer financing without becoming a lender?
Yes. The credit comes from third-party financing sources. Your dealership introduces the producer and Raymond Leigh coordinates the rest.
Can we quote seasonal payments to producers?
You can present them as examples where a financing source offers seasonal terms. Final terms are set by the financing source after review.
Can shortline and trade-in equipment be financed?
Often, yes. Shortline implements and trade-ins are financed when value and condition are documented with photos, hours and serial numbers.
Why Raymond Leigh
One Financing Process. More Places to Take the Deal.
Agricultural lenders each see farming through their own lens. Some prefer large grain operations; others are comfortable with livestock, specialty crops or first-generation producers. Sending one file to 40+ financing sources means your operation is matched to lenders that understand how it earns money.
- Tractors, combines, sprayers, hay, grain and livestock equipment
- Dealer, private-sale and auction purchases where appropriate
- Harvest-timed payments where a source offers them
- About $50K to $5M per transaction
- Refinancing and sale-leaseback on owned machinery
- Canada-wide, including Ontario and Quebec farms
How It Works
How Farm Equipment Financing Works
Applying does not commit you to anything, and approval is never guaranteed. Here is what happens after you reach out.
Tell Us About the Equipment
Tell us about the machine, the price and your operation, including when your income arrives.
We Review the Transaction
We review the farm, the equipment and how much financing is needed.
We Identify Financing Options
Your file is matched with agricultural financing sources and the payment schedule you need.
Complete the Transaction
With documents signed and conditions cleared, payment goes to the dealer or the private seller.
FAQ
Farming & Agriculture Financing Questions
Yes. Used tractors are commonly financed. Terms depend on age, hours, condition and price as well as the farm's financial profile.
Often, yes. Some financing sources offer annual, semi-annual or seasonal payments for agricultural equipment. It depends on the source and the operation.
It may be considered. The equipment needs a fair price, clear title and a lien search. Talk to us before the sale so you know your budget.
Sometimes. Financing sources look at experience, the farm plan, existing assets and down payment. Terms may be more conservative for newer operations.
Yes, grain handling and storage equipment can usually be financed, sometimes including installation.
Potentially, yes. If you own tractors or combines outright, a refinance or sale-leaseback can raise cash for inputs, rent or another purchase while the machines stay in use.
Contact Raymond Leigh to agree on a simple referral process. Your sales team introduces buyers, and we coordinate applications and keep you informed.
Generally, yes. Used and trade-in units are reviewed on age, hours and condition, so keep inspection notes and photos on file.
Next Step
Get the Right Equipment in the Field
Tell us what you need before the season starts. We will review your operation and lay out the options that fit your income cycle.