This is a YouTube video titled "John Deere Africa Middle East | John Deere Financial | Determining Affordability" containing a promotional and informational presentation about financing options for entrepreneurs interested in purchasing John Deere equipment. The content provides guidance on starting a new venture, including financial planning and contract considerations, aimed at potential customers in the agricultural or contracting sectors. The video was created in August 2024.
Perfect. I have just the right solution for you. I've just spoken to an entrepreneur who wants to buy equipment to rent it out. John Deere Financial is ready to support anyone who wants to buy and finance John Deere equipment. If you are planning to start a new venture, we will gladly discuss what you need and work with you towards your goals. Here are some important points to remember when starting a new venture. This varies, but 30% own contribution is a guiding rule of thumb. Have a business plan to support your application showing realistic income and expenses. If you want to establish a contracting business by using John Deere equipment and supply services to third parties, a contract with reputable companies will help you. The term of the contract must be as close as possible to the term of the finance to ensure repay payments are met, ensure you hold sufficient working capital to meet operational expenditures, and keep the business going while the equipment is working to generate sufficient income to meet the next repayment. Ready to get started? Get in touch with John Deere Financial for personalized financial solutions so life can leap forward.