Frequently Asked Questions

Welcome to our FAQ page, where you’ll find answers to the most common questions about our services. We have a wide range of questions on leasing to asset finance. If you still can’t find what you’re looking for, speak to one of the team here at Rural Asset Finance who can help you with any questions.

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Over 100 Years of Combined Experience in Lending to Farmers

Benefit from our extensive expertise accumulated over a century, ensuring reliable and knowledgeable lending solutions tailored to farmers' unique needs.

Tailored Financial Solutions for Farmers Across the UK

Our customised financial solutions are designed specifically for farmers, addressing their individual challenges and supporting their long-term success in agriculture.

Customer-Focused Service Designed to Meet Farmers' Needs

Experience our dedicated customer focused service on understanding and fulfilling the distinct requirements of farmers, ensuring their satisfaction and growth.

Agricultural Finance Questions

 

What is asset finance?

Asset finance is a type of lending that allows you to acquire equipment, machinery, or vehicles without needing to pay the full amount upfront. Instead, the cost is spread over a period through regular payments, making it easier to manage cash flow while accessing the assets you need. Get in touch with us today to find out more about how we can help you.

How do I know if I am eligible for asset refinancing?

Eligibility for asset refinancing typically depends on the value and condition of your existing assets, your credit history, and the specific requirements of the loan. Our team can assess your situation and guide you through the eligibility criteria.

How much can I borrow?

The amount you can borrow depends on several factors, including the type of asset, its value, and your financial situation. We offer flexible borrowing options tailored to meet the needs of your agricultural business, to find out an estimate use our finance calculator and get in touch with us today.

What is the minimum and maximum term for short-term or long-term loans?

Our loan terms range from a minimum of 6 months to a maximum of 84 months, depending on your financing needs. Whether you’re looking for short-term or long-term funding, we offer flexible options to suit your business requirements. Get in touch with us today to discuss your loan options and how we can help you.

Should I pay cash or lease?

Choosing between paying cash and leasing depends on your financial situation and long-term business goals. Leasing can help preserve your cash flow and provide flexibility while paying cash might be beneficial if you prefer to own the asset outright. Here at Rural Asset Finance, we can help you weigh the pros and cons based on your circumstances and help you make the final decision.

Can I pay the lease off early?

Yes, many leasing agreements offer the flexibility to prepay or terminate the lease early, subject to certain terms and conditions. Get in touch with us today and our team can provide guidance on early termination options.

Get Started with Tailored Agricultural Finance Solutions Today!

At Rural Asset Finance we’re here to help. Explore our flexible finance options and take the next step toward growing your agricultural business, our experienced team is here to help you and would love to hear from you and help you expand your business whatever your needs.

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To Help Your Finances

If your still not quite ready to get in touch with Rural Asset Finance yet then why not explore our range of services tailored to meet your agricultural finance needs? Whether you’re looking to acquire new machinery through agricultural equipment hire purchase or leasing or you need a secured business loan to expand your operations, we’ve got you covered.

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