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For more than 100 years, John Deere Credit has been helping agricultural producers acquire the machinery they need,
when they need it. Through our proven history, we are always prepared with new financial products and solutions to help
solve your most pressing issues.
When it's time for you to acquire the latest equipment, how do you proceed?
Should you pay cash? Lease? Rent? Get an installment loan?
The answer is "It depends," and what it depends on is what you're trying to accomplish.
Are you concerned with cash flow issues? Are taxes your main concern? Are you trying to protect your bonding capacity? Are you concerned with balance-sheet management?
The answer to these and other key questions are critical to your ability to manage your business effectively. John Deere Credit can help you answer these questions and weigh all your options, and as a result, we can customize a financial solution for you.
The solutions we find for your financial challenges will be based on our understanding of the contracting industry and of the financial side of contracting. That's why we can offer you a wide range of finance options.
When comparing all these options, what should I be looking for?
At the very least, you'll want to ask yourself the questions below.
Before you lease:
- What's the total cost of leasing?
- Besides the cost, how does leasing compare to an installment loan?
- Is it important for me to own this equipment?
Before you finance:
- What's the total cost of finance?
- How much do I need for a down payment?
- What are the monthly payments?
- Is it important for me to own this equipment?
Before you rent:
- How long do I need the equipment?
- What are the rental payments?
- What kind of service and support can I expect?
Before you pay cash:
- Is this going to deplete my reserves?
- Could I find a better use for my cash?
- Have I given the other options enough consideration?
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