If you farm for a living, you depend on your
farm equipment every day. When it's time to replace your tractor,
loader, etc., come to First Central Credit Union for the financing you need at attractive
The following guidelines apply:
- New tractors, skid steer loaders, etc.: We will finance
up to 100% of purchase price as evidenced by seller's agreement
or buyer's order.
- Used tractors, skid steer loaders, etc.: We will calculate
a loan value for each individual piece of equipment by using
a NADA Guide or equivalent publication. We will use that
average as the maximum loan value.
- We will finance up to 5 years on equipment with a model
year of 2001 or 2000.
- We will finance up to 4 years on equipment with a model
year of 1999-1993.
- Anything older than a 1993 will need to be reviewed at
the time of loan request and will be subject to a finance
term of 36 months or less.
Please contact us for
more information on loans. Click
here for rates and terms on First Central loans.