
Dion explains how John Deere Financial helps farmers manage income swings and weather risk through equipment financing. Agriculture's unpredictability makes specialized financial support essential for buying productive assets.
Hi, my name is Dion and I'm here to help you better understand how finance works in agriculture. Finance in agriculture plays a crucial role in supporting farmers and agribusinesses by providing the necessary capital for equipment purchase and business expansion. Finance in agriculture builds on the basic principles of the broad spectrum of financing with a few essential differences. Income from agricultural activities varies broadly from monthly to annual income, depending on the type of crop or farming type. This is considered when reviewing a client's financial information and the structure of proposed repayments to ensure it meets the client's unique cash cycle. Apart from the run of the mill factors like political, economic and social, the agriculture industry has added factors that may impact their business. Weather patterns play an important role and are the most unpredictable. At John Deere Financial, we understand this unpredictability and are committed to supporting our clients. In wet or dry seasons, building a portfolio of assets is beneficial. When considering funding agricultural equipment, there is an added benefit. Not only do you acquire an asset, but you acquire a productive asset. These assets allow you to generate additional income by using them in your production cycle, allowing you to add even more income to the total operation. Ready to get started? Contact John Deere Financial for personalized financial solutions so life can leap forward.
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