Tractor Finance

Apply for a commercial loan with Savvy today to help you finance the tractor your business needs.

100% free. No impact on your credit score.
Tractor Finance
Last Updated: 14/03/2025
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Lock in a competitive finance deal for your tractor

Finding a financial product that fits your needs should not feel like looking for a needle in a hay stack. At Savvy, we understand the need to find affordable agricultural equipment at an affordable price. Our experience in financing for tractors of all kinds will ensure that you get a personalised solution to make owning and operating a tractor easy and affordable.

Whether you're financing a utility tractor, specialty tractor, row crop tractors, or a 4WD track tractors, we're here to help. Get a free, no-obligation quote today!

Why apply for a business loan with Savvy?

Expert brokers

You can speak with one of our specialist commercial brokers who can walk you through a range of loans to best suit your company's needs.

Over 40 lending partners

You can compare business loan offers, through a range of trusted lenders, maximising your chances of a great rate.

Fast online process

You can fill out our simple online form to generate a free business finance quote within minutes. You can also come back to it at any time.

Business lenders you can compare

Types of business finance

WHAT OUR CUSTOMERS SAY ABOUT THEIR FINANCE EXPERIENCE

Savvy is rated 4.9 for customer satisfaction by 6324 customers.
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How to apply for a commercial loan with Savvy

  1. Tell us about yourself and what you want to buy

    First of all, fill out our simple online application form. This will tell us details like what you want to buy, how much you need and your business’ structure, revenue and trading time.

  2. Send through any required documentation

    We may require further information in some cases to verify parts of your application. If this is the case, we’ll ask you to submit additional documents via our online portal.

  3. Discuss your next steps with a Savvy consultant

    Once we get all the info we need, we’ll get to work comparing options from our lender panel. A member of our consultant team will give you a call to talk about your options.

  4. Have your application submitted for formal approval

    After you give us the all-clear, we’ll get to work preparing your application to submit to your lender. This can be formally approved as soon as within 24 hours.

  5. Sign your contract and settle the deal

    Once you receive approval, you’ll be sent all the required contracts and forms you’ll need to sign, which can be done electronically. We’ll handle settlement and the asset can be yours before you know it!

Commercial loan eligibility and documentation

Eligibility

  • Age

    You must be at least 18 years of age

  • Residency

    You must be an Australian citizen or permanent resident (or, in some cases, an eligible visa holder)

  • ABN registration

    Have an ABN registered in your name (available from as soon as one day after registration)

  • Usage

    Meet commercial asset usage requirements (at least 51% of total usage)

  • Credit score

    You must meet your lender’s minimum personal and business credit score requirements

  • Commercial asset

    The asset you choose to buy must meet your lender’s requirements in relation to its type, age and condition

Documents

  • Personal information

    Such as your full name, date of birth, address and contact details

  • Driver's licence

    Front and back (or another form of government-issued ID)

  • Assets and liabilities

    Information about your business’ assets and liabilities, as well as those in your name

  • Asset details

    Information about your asset, including its model and age, is worthwhile having on hand

  • Business statements

    Business Activity Statements (BAS) and business bank statements may be requested, but not always

Common questions about tractor finance answered

Do you finance new businesses?

Yes. We can offer solutions for both new and old businesses.

I would like to buy more than one tractor for my business, is this possible?

Yes. We can help businesses of all sizes with finance for an entire fleet of trucks, subject to meeting certain criteria. Ask your consultant for more.

Do you offer low doc loans?

Yes. We offer low doc loans for individuals and small businesses to get quicker access to financing.

What will I be paying in terms of the interest rate?

This differs depending on the amount you want to borrow and the financing option you choose. However, you can speak to our consultants for more information. We have access to specialist calculators through our lenders to accurately indicate how much you’ll be paying.

I run a seasonal business, will I be able to get financing?

Many of the lenders we deal with offer products with flexible repayment terms that cater to seasonal and harvest-based agribusiness, so enquire with us today to see if your business qualifies for finance.

Can I still get financing if I have bad credit?

Yes. At Savvy we provide financing designed for people who have bad credit.

Is it possible to pay the residual later?

Yes. We offer financing options that allow you to start off with low repayment costs and moving the residual to the end of the loan term. You can contact our team of consultants that will walk you through the benefits and implication of this option.

How does tractor finance ownership work?

Not all financing options will allow you to own the equipment outright. Some might come with terms such as paying off the residual in full in order to get ownership of your equipment. Other options such as finance lease mean that the lender will take ownership of the tractor and rent it out to you until the end of the loan term. Before agreeing to any terms, you will have to ask about ownership rights to see if the loan is tailor-made for you.

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