Finance on your terms:

At John Deere Financial, we're invested in supporting your business.
That's why, when you take out a loan with us, we'll provide you the security of locking in a rate at the time of application for up to 9 months*.
We provide the surety of a fixed rate for the duration of your loan.
What's more, because we understand the ebbs and flows of your business, we'll offer flexibility when it comes to structuring your repayments and a loan term that best suits your business cycle.
Talk to us today to discover how personalised finance can benefit your business.
*Terms and Conditions apply

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Speak to your dealer for specific conditions and for eligible equipment.

Specialised Knowledge 

Specialised Knowledge

We are a local company, backed by a global network with generations of experience and specialised industry knowledge.

For many generations we have been manufacturers of the equipment you choose to successfully drive your business.

Interest Rate Protection 

No early exit fees

To further support your business, be assured that if you choose to pay out your contract early there will be no exit fees.

With this benefit, you can run your business with this promise in mind.

Fixed Interest Rate 

Fixed Rates

Throughout the life of your loan, your interest rate will not change.

You can plan and prioritise your business secure in the knowledge your repayments will not be affected by rising rates.

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Capped Interest Rates

Take advantage of our special offer where you can Cap your rate. This means you will be offered a guaranteed maximum rate that will protect you in times of rate rise. If rates go down, you will get the better rate for the life of your loan.

Speak to your dealer for terms and conditions.

George Him Testimonial Link
George and his son Jet on their strawberry farm in front of John Deere tractor

Our First John Deere Financial Customer George Him

GEORGE Him's life has been an incredible journey. From fleeing the horrors of the Pol Pot regime in Cambodia to making a fresh start in 1980s Melbourne.

Read More about Our First John Deere Financial Customer George Him

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We offer finance for all John Deere equipment

Equipment Financing: Features of Loan Vs Lease:

Agribusiness Solutions

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Leasing agricultural equipment or taking out a loan to purchase both have their advantages.
Which one is best for you depends on your goals as a contractor at any given time.

Equipment Financing
  • Loan
  • Lease

Loan

What is a Secured Commercial Loan?

A Secured Commercial Loan is a common way business can finance the purchase of assets.  It is a commercial finance product where a financier lends the money to buy an asset and the customer makes regular repayments.  Loan refers to the money borrowed by the commercial entity (known as the borrower).

The business assumes ownership of the asset but the financier has a ‘mortgage’ over it until the loan is paid in full, including any balloon payment.  Businesses can choose to have a balloon in order to reduce repayment amounts or schedule the repayments to pay off the whole amount over the term.

A deposit is often required and this will be taken as an initial down payment.

Collateral (security) is required and is dependent on the loan to value of the asset ratio.  A lender may want to secure the loan with other assets.

With a chattel mortgage, you are financing the asset and take the risk for the

resale value at the end of the term.

GST applies to the purchase price of the vehicle.

Lease

What is a Lease?

A lease is a contract where the lessor (lender) allows the lessee (commercial entity) to use an asset for a specific period in return for a periodic payment.  Leases are classified into two, namely Finance Lease and Operating Lease.

A finance lease transfers the risk of ownership to the commercial entity without transferring legal ownership.  The Lessee can choose a residual value with the ATO’s specified range to suit, and at the end of the lease, the lessee can pay it out or enter into a new agreement.  Operating Lease on the other hand, is an asset funding option for businesses that don’t want to take on the risk of selling the asset at the end of the lease.

A deposit is not applicable as the lessee is not taking ownership of the assets.

Collateral (security) is the asset only for which the operating or finance lease is taken by the lessee.

GST applies to the periodic lease repayments.

Finance Lease

With a finance lease, the lender buys the vehicle and rents to the lessee (customer) who will have a purchase option at the end of the lease (residual value).  The lessee will not face high upfront costs as they do when purchasing the vehicle outright:

They will be responsible for all risks, just as if they owner the asset.

The lessor retains ownership but the lessee has exclusive use in line with the terms of the agreement

Rental payments are made by the lessee during the lease period, with a residual value at the end

At the end of the lease, the lessee can pay the residual payment and keep the asset

Operating Lease

Think of an Operating Lease as a type of rental agreement.  The difference between an Operating Lease and a Finance Lease is that the lessee will not be able to buy the vehicle during the period of the lease.

The lessee has access to the vehicle for a set time period in return for making regular payment

The lessee can use the vehicle for the full term of the agreement, paying rental each month.  These payments are not equal to the full value of the vehicle, as with a finance lease.  The rental amounts are based on the expected use of the vehicle throughout the term of the agreement. E.g., Number of usage hours per year

  • Risks remain with the lessor with the plan being for the vehicle to be returned to them at the end of the term
  • At the end of the agreement, the asset is expected to maintain an end value, which is forecast at the beginning of the Operating Lease
  • The lessee is not financially responsible for the end value of the asset
  • Vehicle maintenance may be built into the payments

Ownership remains with the lessor and at the end of the agreement, the asset will be returned

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Find out how to apply with us about Apply for Finance
John Deere Crossover Gator Utility Vehicle, financed with John Deere Financial

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