Specialist
Irrigation Finance and Leasing
For buying and refinancing Irrigation Equipment
For buying and refinancing Irrigation Equipment
Irrigation Finance and Leasing is a type of asset finance that allows farmers and agricultural businesses to acquire irrigation equipment and machinery without paying the full upfront cost. Irrigation equipment and machinery are essential for many farming operations, as they help to control the amount and timing of water supply to crops, improve crop quality and yield, and reduce water wastage and environmental impact.
Irrigation Finance and Leasing can cover a range of irrigation assets, such as sprinklers, drip systems, pumps, pipes, valves, controllers, sensors, and software.
Two main types of finance are available for Irrigation Finance and Leasing: hire purchase and leasing. Both options have advantages and disadvantages, depending on the farmer's or business's needs and preferences.
Hire purchase is a type of finance that allows the farmer or business to purchase the irrigation asset over a fixed period, usually between 12 and 60 months, by making regular monthly payments. The farmer or business pays a deposit upfront, typically 10% to 20% of the asset value, and then pays off the remaining balance, plus interest, over the agreed term. At the end of the term, the farmer or business owns the asset outright.
The benefits of hire purchase are:
The drawbacks of hire purchase are:
Leasing is a type of finance that allows the farmer or business to use the irrigation asset for a fixed period, usually between 12 and 60 months, by making regular monthly payments. The farmer or company does not pay a deposit upfront and does not own the asset at any point. At the end of the term, the farmer or business can either return the asset to the lender or leasing company, extend the lease for another term, or purchase the asset at a pre-agreed price.
The benefits of leasing are:
The drawbacks of leasing are:
Obtaining Irrigation Finance and Leasing is similar for both hire purchase and leasing options. The farmer or business needs to:
Whether it's hire purchase or leasing, irrigation finance can also have some drawbacks – here’s a brief overview:
The amount you can borrow for Irrigation Finance and Leasing depends on several factors, such as the type and value of the irrigation asset, your credit history and rating, your income and cash flow, and the lender’s criteria and policies. Generally, you can borrow up to 100% of the asset value or up to 90% if you opt for a hire purchase.
The interest rates and fees for Irrigation Finance and Leasing vary depending on the type of finance or lease option, the lender, the asset, and your credit profile. Typically, the interest rates range from 4% to 12% per annum, including arrangement fees, documentation fees, administration fees, and late payment fees.
The time it takes to get Irrigation Finance and Leasing depends on the complexity and urgency of your situation, the availability and responsiveness of the lender, and the speed and accuracy of your application. Generally, it can take a few days to a few weeks to complete the process and receive the irrigation asset.
In need of Irrigation Finance and Leasing?
We can help you:
And when we’ve established the best type of finance for you, we will:
Call our team on 0203 900 4322 to discuss your requirements or book an appointment.
I approached Clifton Private Finance to help me get a mortgage as an Expat working in the Far East. I would normally 'cut out the middle man' on something like this and try to get myself a deal directly with the banks, but I am now sold on the broker concept and wouldn't hesitate to use Clifton Private Finance again. There were a number of complicating factors such as being an expat, the stamp duty holiday, the sheer amount I wanted to borrow and the fact I wanted it all wrapped up before the Stamp Duty holiday ended. It is clear to me now that the relationship that brokers have managed to foster with their banks means they can simply pull levers and make stuff happen that us ordinary folk cannot. Put simply, they are worth every penny, will take most of the stress out of the lending process, and seem to have access to deals that you just won't find on the internet. Thank you George and Jan for all your hard work!
James M
Luther was excellent. Very clear in his advice and explanations of products and was able to move things on very quickly when we ran into difficulties with the estate agents. Without a doubt I would recommend Luther to all friends, family and colleagues. Luther was a joy to deal with and took a lot of the stress out of a troublesome transaction, from my end. I would view Luther as real asset to Clifton Private Finance Ltd.
William W
The team at Clifton Private Finance has been outstanding, not only in helping me to obtain a mortgage on a slightly unusual home, but also in continuing to provide support and liaise with the lender and solicitors through to completion. Thank you for making the process of buying my first home much easier.
Chantelle S
Sam O'Neill, and the new lender he identified for me, worked tirelessly together using my time constraints, to make sure my mortgage application was completed on time. They are a brilliant company to work with, fast, efficient, open and transparent from the very beginning, and turned a seemingly impossible situation into a viable one. Sam was brilliant throughout the whole process and I would highly recommend him, and his colleague Helen, to anyone without hesitation, I cannot speak highly enough about them.
Myr B
I was incredibly lucky to find Clifton Private Finance after a search on line as their service has been more than exemplary. My point of contact was Sam 0’Neill and he was happy to help at every stage during the application of the bridging loan, making a stressful process much easier to deal with. He was always available by phone or email and gave prompt answers to queries I had as well as always getting back to me when he said he would. That to me is excellent customer service and I cannot thank him personally or the company enough for the support they have given me.
C Jefferey
Adam cannot thank you enough for all your support throughout this arrangement. You have gone more than the extra mile to support us. Without you we would not have got our dream retirement home. You have been most professional and personable. Liz and I would be more than happy if you wanted to use us a reference with respect to any future clients.
Nigel & Liz K - Bristol
You have certainly shown me that you do everything for your clients, including tolerating their excessive emails and questions for updates. I have been kept in the loop, from yourself, about why the delays were occurring (Nationwide, post etc) which I would like to highlight that I really appreciated. I certainly will be able to recommend you to others as and when the need arises.
Mr Morris
I recently contacted Clifton Private Finance after a Google search for bridging finance providers and was immediately struck by their efficiency and support. Forms were emailed over almost immediately and the necessary finance was arranged within a few days. None of the other companies I contacted came close to their professionalism, and the quote that I eventually received was impressive. Thank you Adam, your help has enabled us to reserve the house that we wanted and I certainly recommend you to others.
Mr M. R. - Oxford
Absolutely brilliant. The service was first class, got everything sorted efficiently and were always friendly. Any fees were negligible compared to the service offered. Robert was particularly outstanding.
Charles N
My advisor, Robert, was very helpful in finding the mortgage to suit me. He kept me up to date throughout the process and dealt with any issues when they arose.
Rowena C
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