Agricultural Equipment Conditional Sales Contracts & Leasing
Leasing and financing support for new/used farming and ranching equipment.
I’m purchasing new/used equipment
Get competitive rates and flexibility including personalized terms and down payment options. We have an equity program and residual/balloon options for intended usage and more seamless trade-ins.
I’m a Dealership Selling Farm and Construction Equipment
We work in partnership with the dealer and direct with customers on the credit application and financing process. ATB’s Conditional Sales team is locally based in Alberta with sector specific agriculture expertise.
Key product details
| Interest Rate | Varies with equipment details and term |
| Amortization | Up to 15 years1 |
| Amount | Up to 100% financing |
| Repayment | Flexible terms - monthly, quarterly, semi-annually or annually |
Helping producers get equipment they need on the terms they want
Our agriculture experts can help tailor financing or leasing plans to suit your needs, including a personalized payment schedule for your new or used equipment. ATB also offers a wide variety of banking solutions designed for your farm or ranch including land financing, agri-business strategies, business banking, and wealth management.
Frequently Asked Questions
ATB has the ability to finance the following items:
- Any new or used agricultural equipment. Recommended model year age under 15 years. Age + Amortization not to exceed 15 Years. Some exceptions apply on Model Years.
- Farm trucks one ton and greater
- Grain bins, grain handling equipment such as baggers, and dryers.
- Farm and Ranch buildings. These structures commonly financed/leased are Pole Shed Barns, Irrigation Pivots.
Producers can lease the following items:
- Any new or used agricultural equipment. Recommended model year age under 10 years (Age + Amortization not to exceed 10 Years) Some exceptions apply on Model Years.
- Farm trucks one ton and greater
- Grain bins, grain handling equipment such as baggers, and dryers.
- Farm and Ranch buildings. These structures commonly financed/leased are Pole Shed Barns, Irrigation Pivots.
Note: The lease can cover 100% of the equipment’s value, including taxes, insurance and warranty.
For a Conditional Sales Contract, the down payment may be the equity of a trade in or a cash down payment. For an amortization period of 10 years or less, the down payment requirement is only 10%, for long amortizations it is 20%. Upon approval of credit, the first $100,000 may be 100% financed. For leasing, 100% of the equipment may be financed, with the first payment made upon delivery of the equipment.
Connect with an expert.
Our Equipment Financing options make it easy to get the equipment you need. Ask about our Conditional Sales & Leasing program today.
Find the right loan for your agriculture business.
Agricultural equipment
Air seeders and equipment listed in the Iron Solutions Official Guide: maximum amortization of 15 years. The equipment’s age plus amortization period cannot exceed 15 years.
Equipment not listed in the Iron Solutions Official Guide: maximum amortization of 10 years. The equipment’s age plus amortization period cannot exceed 10 years.
Farm trucks, one ton or greater
Maximum amortization of 10 years. The vehicle’s age plus amortization period cannot exceed 10 years.
Leases
Maximum of 10 years. The equipment age plus amortization period cannot exceed 10 years.
Related documents: Business/Agriculture Account Agreement, Additional Services and Associated Charges