What is FarmCash Machinery Import Bridging Finance?
FarmCash offer a machinery import service where we can finance the imported machinery whilst it is in transit from the supplier until it arrives in the UK and can be financed by your chosen Asset Finance provider having verified it is in UK . We can help source machinery, will arrange all the transport and import paperwork, help arrange the asset finance if needed and get it delivered to your yard in the UK. The aim is to take the hassle and stress out of importing machinery which can result in big savings over buying in the UK market.
Who is it for?
Farmers, dealers, contractors and other agricultural business customers who have identified machinery the wish to buy located outside the UK
How does it work?
Once the equipment and supplier is identified, FarmCash will purchase the equipment on your behalf and liaise with the suppliers, transport contractors, shipping agents to get the equipment delivered to your yard. We will take a deposit usually equivalent to 10% and arrange transfer to the asset financer once it is in the UK. If you know what you want but are not familiar or confident with sourcing the equipment, get in touch and we will help you find the perfect piece of equipment we have contacts with dealers and suppliers world wide and relish the challenge of finding that elusive bit of kit.
What will FarmCash fund and for how long?
FarmCash will fund equipment up to the value of £250,000 once the relevant deposit has been received, from when payment has been made to the supplier to when it is delivered to your yard in the UK, full payment is then required within 72 hours.
How much will it cost?
A detailed quote and terms will be provided ahead of the purchase on any equipment with all costs detailed so you can see exactly what the net delivered price of the machine will be.