Dreaming of starting a farm business? At Affiliated Financial Services, we can help! Our brokerage firm offers cost-effective financing solutions to help you acquire the equipment you need. Read on to learn more about our excellent services all across Canada.
2 advantageous financing solutions for entrepreneurs in the agricultural sector
At Affiliated Financial Services, we offer 2 financing methods for the purchase of agricultural equipment: leasing and factoring.
1. Leasing: your creditor buys the equipment you need from the supplier, then leases it to you with or without an option to purchase for a set period of time. This model, which is ideal for start-ups, allows you to protect your working capital and maintain your ability to borrow from banks. In addition, the monthly lease payments received by your creditor are tax deductible, and you don’t have to pay sales tax if you decide to purchase the equipment.
2. Factoring: You get cash by converting your receivables into cash. Our team analyzes the creditworthiness of your customers and the quality of the invoices issued to grant you a loan. We also take care of your accounts receivable management. This financing solution is perfect for new and growing businesses.
A financing service that’s perfect for farmers
As specialists in farm equipment financing, we help farmers and ranchers acquire all the machinery they need to start and grow their businesses. We negotiate the best financing terms for you to purchase:
- Grain bins
- Ploughs
- Watering machines
- Breeding equipment
- Grain handling equipment
- Harvesting equipment
- Seeding equipment
- Forage presses
- Sprayers
- Steel structures
- Tractors
Doing business with Affiliated Financial Services means taking advantage of the best rates on the market, without having to look for them! Our team of professionals – with over 45 years of experience! – will find them for you. Why go without? If you are looking for financing for the purchase of agricultural equipment to start your business this year, contact us today!
