Real deals arranged by CW Asset Finance, the broker behind Tractor Monthly: what the business needed, what made it tricky and how it was funded.
Livery and equestrian yard, Monk Fryston
Used 2008 John Deere compact tractor
A yard buys the same tractor as a farm but earns its money from livery fees and lessons, not harvests or subsidies. An agricultural lender reading those accounts as a farm could reach the wrong answer, so the proposal set out the business as it really is.
Read the full case study on CW Asset FinanceMembers golf club, Chippenham
Used John Deere 2653B PrecisionCut trim mower
The club wanted a professional machine without paying new money, and to choose its own deposit. We placed it with the first of two lenders to come back, and the club put down £10,000 so the monthly figure suited its budget.
Read the full case study on CW Asset FinanceGolf club, Ryton
Used Toro GR3420 triple greensmower
The club had an old machine to dispose of and wanted the cost spread before the season. The trade in came off the amount financed, reducing the interest paid, and was documented as part of the deal so the VAT was handled properly.
Read the full case study on CW Asset FinanceEvery application is assessed on its own merits and all finance is subject to status. These are past outcomes, not a guide to what any other business will be offered.
Example, not a real customer
An arable farm replacing its drilling setup. Used power harrow and drill combination.
Shown here as monthly payments. Many lenders on our panel can instead match payments to the farm year, with larger payments after harvest and smaller ones through the spring.
Worked out at an illustrative fixed rate of 9.9% a year. Total payable £45,283 including the VAT deposit.
Example, not a real customer
A mixed farm needing more haulage at harvest. Used 14 tonne grain trailer.
A trailer can go on its own agreement, or alongside a tractor so the farm has one payment. Trailers hold their value, which keeps the cost of finance down.
Worked out at an illustrative fixed rate of 9.9% a year. Total payable £22,642 including the VAT deposit.
These examples are illustrations to show how the finance works. Your rate, deposit and term depend on your business, the machine and the lender, and all finance is subject to status.
