Equipment Loans

We offer loans for new and used farm and forestry equipment, including anything from a small tractor to the newest cotton picker. Get started by completing our loan application or contact an Alabama Farm Credit loan officer at (877) 681-6087 or reach out to one of our branch offices. 

Loan Application

About Our Equipment Loans

Alabama Farm Credit equipment loans are available to finance irrigation and pivots, new and used equipment, tillage, planting and harvesting equipment and tractors. We understand that technology and equipment are always changing. As such, our goal is to use our equipment financing to help position farmers for the future. For instance, you may enjoy dad's tricycle tractor, while also needing the utility of a modern machine to handle today's farming demands.

Farm Equipment Loans

We offer competitive rates, short-term loans for operation and equipment needs, including operating lines of credit. Plus, we’ll help you take advantage of tax benefits associated with capital expenditures.

Farm Equipment Leases

We’ll also help your operation finance agriculture equipment and facility leases. We’ll work with you on payment options that fit your budget, and lease-to-own programs are available as well.

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Estimate Your Loan Payment

Input your purchase price and interest rate, and quickly estimate your loan payments.

Loan Calculator

Competitive Interest Rates

To receive an interest rate quote, contact the branch office nearest you.

Get Quote

Frequently Asked Questions

We’ve curated the top questions we’re asked most often. If you are unsure about our services, how a cooperative works or other details, you may find the answer you’re looking for right here.

More FAQs

Yes, we make loans for the purchase, construction and improvement of homes located in rural areas. We also finance  rural homesites where a home is designated for future construction. Alabama Farm Credit also offers loans through the secondary mortgage market (Fannie Mae loans).
Whether you are a  young, beginning or small farmer or a large corporation, Alabama Farm Credit can meet your financing needs. When assessing a loan application loan officers consider these primary factors: the individual, financial responsibility, repayment capacity, loan purpose and security offered.
Farmers, ranchers and producers who obtain a loan are required to purchase voting stock. Our  borrowers are considered members of Alabama Farm Credit, and have the privilege of being a voice within the cooperation. Your right to vote, in accordance with the Farm Credit Act and Alabama Farm Credit bylaws, allows you to elect the members of your Board. These members work closely with Alabama Farm Credit to ensure that your needs are addressed.

YOUNG BEGINNING AND SMALL FARMERS

We’ve created a pathway to ownership for young, beginning and small farmers.

At Alabama Farm Credit, we recognize that the future of American agriculture depends on a new generation of producers. Whether you’re completely new to farming, a 4-H member buying a show heifer for a foundation herd or a young person taking over the family farm, our New Generation II Loan may be what you’re looking for.

Find Out Who's Eligible

Alabama Farm Credit Out in the Field

Learn more about Alabama Farm Credit, our members and the work we do for Agriculture in our communities.

Field Notes

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