Work smarter and not harder with the right equipment for your ag business. Keeping your equipment repaired and well-maintained, updating to the latest technology, and growing your equipment inventory is costly but necessary to stay competitive. An Ag Equipment Loan will help you purchase or repair new and used equipment without depleting your cash flow. Avoid down production periods and stop struggling with outdated equipment - apply for an Ag Equipment Loan today.
What is an Ag Equipment Loan?
The right tools keep your business running. Upgrade your equipment, repair your tractor, or expand your fleet with an Ag Equipment Loan from Peoples Bank. An Ag Equipment Loan allows you to preserve your working capital for day-to-day expenses, while providing the funds you need to afford an equipment purchase or repair. With competitive rates and flexible financing terms, Peoples Bank offers farm equipment loans to help you afford the tools you need.
Common Uses for an Ag Equipment Loan
- New and used vehicles
- Irrigation systems
- And more
Why Choose Peoples Bank?
At Peoples Bank, we know that agriculture plays a large role in our local communities. Our history is rooted in ag lending and we understand the specific needs of our local ag businesses and farming standards. Our experienced ag lenders are dedicated to helping local ag businesses thrive through flexible lending solutions, local decision making, and fast turnarounds. You know us already: our agricultural lending team is comprised of members of your local community who understand the needs and challenges faced by the agricultural industry in Northwest Iowa, Southwest Minnesota, and Southeast South Dakota.
We’ll find the right solution for you
A true community bank, our lenders are connected to the local ag industry and have a detailed understanding of your unique needs. We have Ag Loan Experts ready to help new and existing farmers grow and remain profitable in the future. Stop by one of our ten convenient locations or contact us today!