Finimpact

Conclusion

Farm equipment financing is an option for farmers that want to buy new farm equipment and who need to spread the cost of that equipment over the course of months or years. While it can be more expensive than leasing, it lets you own your equipment, which can be good if you plan to keep that equipment for a long time.

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About the Author

TJ Porter

TJ Porter

Personal Finance Writer

I have in-depth experience in reviewing financial products such as savings accounts, credit cards, and brokerages, writing how-tos, and answering financial questions both simple and complicated.

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