The global agricultural equipment finance market size is estimated to grow by $182.8 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6% during the forecast period.Quick and easy access to credit is driving...
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November 08, 2024, 07:03 AM
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The latest Sandhills Global market reports underscore the extent to which auction value decreases are outpacing asking value decreases in Sandhills' agricultural equipment marketplaces. This disparity is leading to an ever-widening and unprecedented...
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August 07, 2024, 07:13 AM
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Farmers Business Network (FBN), the AgTech platform and farmer-to-farmer network, announced its lending unit, FBN Finance, has surpassed $2 billion in financing provided to growers across the United States. The $2 billion milestone showcases the...
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June 07, 2024, 07:20 AM
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Farmers Business Network, the global AgTech platform and farmer-to-farmer network, announced its lending unit, FBN Finance, has surpassed $1 billion in operating lines, helping farmers gain affordable access to capital in a tough interest environment...
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March 15, 2024, 06:00 AM
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DLL, a global financial solutions provider, launched "The Farming. The Future. The Financing.," a whitepaper covering the topic of Agricultural Technology, the latest agricultural innovations, and flexible financial solutions that facilitate its...
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June 27, 2023, 07:23 AM
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BMO Canadian Business Banking announced the launch of Greener Future Financing – its first climate financing program – which has been developed to help agriculture businesses looking to build future-ready, climate resilient operations. To help...
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April 24, 2023, 07:12 AM
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Farmers Business Network (FBN), the global AgTech platform and farmer-to-farmer network, announced the launch of its new bridge loan offering by FBN Finance, which provides farmers with another valuable solution when it comes to financing.Closing a...
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February 15, 2023, 07:20 AM
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Rabobank, a leader in food and agribusiness financing, announced it is expanding its Canadian offerings to include lending to primary producers. "We are excited to offer financial solutions directly to Canadian agricultural producers," said Paul...
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January 11, 2023, 07:12 AM
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Honour Capital announced the firm has provided financing of more than $26 million to a Western U.S. agriculture business to purchase combines, sprayers, spreaders, chemical tanks, trucks, RoGators and other equipment.“Working with Honour Capital made...
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December 01, 2022, 07:17 AM
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With its May Market Trends Report, Ritchie Bros. digs through farm equipment data to showcase trends in tractor, combine, header, sprayer and air drill sales. According to Ritchie Bros. agriculture index, equipment prices are up approximately 14...
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May 18, 2022, 07:00 AM
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Align Business Finance, a provider of capital solutions to middle-market companies, announced the closing of a $1.4 million financing to a progressive family farm in West Central Iowa. The facility was structured as an equipment sale leaseback, with...
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May 21, 2021, 07:03 AM
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Advance Acceptance, a division of First Western Bank & Trust, announced a partnership with Intelligent Ag Solutions (Intelligent Ag) to offer equipment finance programs for agricultural customers.“We’re excited to offer flexible financing and payment...
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September 20, 2017, 07:00 AM
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The Association of Equipment Manufacturers reports U.S. retail sales of large four-wheel drive tractors saw an increase of nearly 26 percent in May compared to one year ago, according to numbers released this week by AEM.However, U.S. retail sales of...
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June 19, 2017, 07:05 AM
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Advance Acceptance is partnering with no-till agriculture manufacturer Exapta Solutions of Salina, Kansas, to offer equipment finance services."We're pleased to now offer financing by a top-shelf company, Advance Acceptance, for our UniForce products...
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December 28, 2016, 07:07 AM
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U.S. retail sales of tractors under 40HP and 40-100HP rebounded in August, while sales of the larger tractors as well as combines continued their double-digit declines, according to the latest monthly data from the Association of Equipment...
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September 19, 2016, 07:10 AM
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Overall U.S. retail sales of ag tractors and combines continued to beat the 5-year average as 2016 hit the midyear mark, with smaller tractors still the sales leader, according to data from the Association of Equipment Manufacturers (AEM), the...
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July 15, 2016, 07:11 AM
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After several years of rising row crop prices, a perfect storm of high crop production (in excess of demand), a sharp correction in grain values and contracting farmer margins in mid-2014 has resulted in declining sales of agricultural equipment...
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October 01, 2015, 07:03 AM
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Penton's EquipmentWatch, the leading heavy equipment data business, has expanded coverage of its valuation product with the addition of 4,000+ agricultural equipment models, supplementing existing coverage of 10,000+ construction and lift equipment...
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September 09, 2015, 07:00 AM
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According to a Reuters report, U.S. farmers nervous that slumping grain prices will crimp profits are increasingly leasing equipment instead of buying it, creating new risks for manufacturers like Deere & Co that could suffer from declining values...
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February 24, 2015, 07:04 AM
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DLL (formerly De Lage Landen) announced that three of its food and agriculture brands have been ranked among the top 10 on the EDA's Industry Insight list of Top 20 Equipment Lenders-a prominent data-driven list that considers financing activity for...
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December 24, 2014, 07:10 AM
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Tetra Financial Group announced that it has committed $1 million in financing for potato growing, harvesting, manufacturing and transportation equipment for a farm based in Idaho. The farm's operations have been primarily in Idaho, but the customer...
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September 25, 2014, 06:15 AM
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Dealers, manufacturers and suppliers of agriculture equipment are expecting a better or similar harvesting season compared to last year, which should positively impact equipment sales, according to survey results released today by GE Capital’s...
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July 10, 2014, 06:00 AM
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MediSwipe, Inc., the leader in Compassionate Care Technology Solutions and products for the medicinal marijuana industry, announced the initiation of up to a $500,000 credit facility to fund a broad range of cost-effective and flexible equipment...
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March 11, 2014, 06:53 AM
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Ritchie Bros. Auctioneers conducted its largest ever agriculture auction, in Saskatoon, SK, on December 3, 2013, selling more than US$40+ million of equipment and trucks in a single day. The unreserved public auction also set a new Saskatoon site...
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December 05, 2013, 06:55 AM
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GE Capital’s Commercial Distribution Finance (CDF) business is adding resources to support Canadian manufacturers and dealers of agricultural equipment. Through increased credit capacity and an expanded, experienced sales force, CDF plans to...
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April 24, 2013, 07:00 AM
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Deere & Company reported net income was $687.6 million for the fourth quarter ended October 31, compared with $669.6 million for the same period last year. For fiscal 2012, net income attributable to Deere & Company was $3.065 billion compared with...
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November 21, 2012, 07:53 AM
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Farm Credit Services of Mid-America, an agriculture lending cooperative serving more than 95,000 customers throughout Indiana, Ohio, Kentucky and Tennessee reported strong financial results for 2011. The AG lender stated earnings of $278.6 million, a...
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March 30, 2012, 06:00 AM
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Worldwide net sales and revenues for the first quarter increased 11%, to $6.767 billion, compared with $6.119 billion last year. Net sales of the equipment operations were $6.119 billion for the quarter compared with $5.514 billion a year ago.Net...
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February 16, 2012, 07:30 AM
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Agricultural machinery manufacturers expect overall 2011 business to the U.S., Canada and worldwide to grow in the 6-to-7% range by year-end but then taper off 2012 through 2014, with exports sales anticipated to increase the most, according to the...
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December 09, 2011, 07:30 AM
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