Preferred: Prime ** + 1.00%
Farm Machinery purchases at a rate of 5.50% with a maximum term of 5 years and amortized up to 10 years with a maximum term of 5 years and amortized up to 10 years
Considerations: Current paperwork ( i.e. tax returns, credit report, application) Credit Score & Established Customer
* Subject to application and credit approval. Your rate may be different depending on your credit score. APR based on $25,000 financed, at the maximum term, including a $125 processing fee. Other rates, terms, payments and loan amounts are available by contacting any loan officer.
Loan payment example: New car loan for $25,000 for 72 months at 5.000% (5.18% APR) payments would be $404.66.
** Prime is Wall Street Journal Prime = 7.00%