Toward ownership
If the business aims to own the equipment, the file can be a term loan to purchase or a capital lease. The end-of-term terms are those of the contract.
Versa CapitalProducts
Agricultural equipment financing
For businesses in Quebec that finance agricultural equipment, the asset of the Agriculture sector.
The need
Farm equipment, not job-site machinery
The Agriculture sector on the site is about agricultural equipment. This page stays with that asset. Construction, excavation or forestry machinery is treated separately, on the heavy machinery financing page.
How long the asset will be held guides the structure. Equipment the business expects to keep for a long time and equipment planned for a shorter term do not necessarily lead to the same contract. That is already a criterion of equipment financing.
According to the planned term
Keep the asset, or use it for a term
For a term, with no buyout
If the use is planned for the length of the contract, with no commitment to buy, an operating lease with no purchase guarantee is the form already in the catalogue. Nothing requires the business to buy the asset at the end.
Outside any promise
Calendar and rates
Versa Capital does not publish a seasonal calendar, a down payment or a rate for agricultural equipment. Those elements, if they exist, come from a partner's written offer, not from a rule posted here.
Agricultural equipment that is already paid for can be reviewed in a refinancing file. The accounting and tax treatment depends on the contract. An accountant or a tax advisor must confirm it.
Who it is for
Sectors concerned
The asset financed is the one the site already names for agriculture.
Agriculture
- Agricultural equipment
Our approach
Support in five steps
- 1
Understand
Grasp the business, its operations, its industry, its financial position and its ambitions.
- 2
Structure
Build a financing approach suited to the project, the profile and the client objectives.
- 3
Position
Prepare the file and present it to the appropriate financial partners, with its strengths made clear.
- 4
Compare and explain
Compare the options and make their effects easy to understand, so the decision is an informed one.
- 5
See it through
Coordinate the documentation, the negotiation, the signing and the funding, then remain available after the transaction.
More than 20 financial partners. One point of contact to compare and negotiate your options.
FAQ
Common questions
Which equipment does this page cover?
Agricultural equipment in the Agriculture sector. Job-site machinery and forestry equipment are on another page.
Does the choice of contract depend on how long the equipment will be used?
Yes. How long the asset will be held is already one of the criteria Versa Capital uses to structure equipment financing.
Can leasing be used for agricultural equipment?
A capital lease and an operating lease with no purchase guarantee are part of the catalogue. The contract states the form that is kept.
Does Versa Capital show payments adapted to the seasons?
No. No payment calendar is published on this page. Only a partner offer, once the file has been reviewed, can contain one.
Who compares the partners?
Versa Capital presents the file to more than 20 financial partners and explains the options to the business, with one point of contact.
Is an accountant needed?
Yes, before signing, for the accounting and tax treatment of the contract. Versa Capital does not give tax advice.
Contact
Let us talk about your project
Every project deserves a considered structure.
Describe your financing need. An advisor at Versa Capital will contact you.