Why Farmers Finance Hay Equipment
Hay equipment is high-capital. Financing spreads the cost over 36-84 months. Bundling mower, rake, and baler in one package simplifies approval. See equipment financing by type.
Hay Equipment Costs
Round balers run roughly $15,000-$50,000+; square balers $20,000-$80,000+; mower-conditioners $15,000-$50,000; rakes and tedders $5,000-$25,000. Full packages $40,000-$150,000+. Get a written quote. See equipment financing requirements.
Financing Options: Loans vs Leases
Equipment loans spread the cost; you own at payoff. Leases often have lower payments. See equipment loan vs lease. Use our calculator.
Bundling a Hay Package
Many lenders finance hay equipment packages—mower-conditioner, rake, baler—in one loan or lease. Bundling simplifies approval and payments. Include itemized quote from your dealer.
Frequently Asked Questions
How much does hay equipment cost?
Round balers $15,000-$50,000+; square balers $20,000-$80,000+; mowers $15,000-$50,000; rakes $5,000-$25,000. Full packages $40,000-$150,000+.
Can I finance hay balers and hay equipment?
Yes. Equipment lenders routinely finance hay equipment. Credit 600+, typical approval in 24-48 hours. Packages can be financed together.
What credit score do I need for hay equipment financing?
Most lenders look for 600+ FICO. Farm revenue supports approval.
Can I finance a hay package (mower, rake, baler) together?
Yes. Many lenders finance hay packages in one loan or lease. Bundling simplifies approval.
How fast can I get approved for hay equipment financing?
Many lenders approve within 24-48 hours. Apply before hay season to avoid delays.