The Henty Machinery Field Days (HMFD) are back for 2022 and the September event was hailed a great success. A highlight of the event was the announcement of awards for impressive new farm machinery. For operators interested in upgrading to achieve greater productivity with award-winning equipment, sourcing cost-effective machinery finance could be key to an optimum outcome.
These new award-winning machines are designed to deliver significant benefits to operators. But when acquired with less than effective machinery finance, achieving the full benefit of the investment may be compromised. Jade Equipment Finance supports the farming sector with cost-effective, individually sourced and structured machinery finance at cheaper interest rates.
Finance is available across a wide range of machinery and equipment used in farming, horticulture and agriculture including the HMFD award winners – the JD See and Spray, MacDon FD2 and the Ezy Feeder. For those that missed seeing this machinery at the field day, we provide an overview of the features and the finance available to purchase.
John Deere See and Spray Select
The JD See and Spray Select received a Highly Commended nod at the September HMFD. Available for a 400 Series and 600 Series, these sprayers have technology to deliver consistent and precise applications with minimal waste. This new technology became available in Australia in late 2021 for MY2022 machines.
The sprayers were developed by JD in a partnership with the University of Southern Queensland. JD states that using the See & Spray, operators can more efficiently apply complex tank mixes while easily switching from targeted to broadcast spraying – all without exiting the cab. See and Spray on the 600 or 400 unit is said to be the only OEM solution which can deliver this in the Australian market.
The See and Spray Select can fitted to models in the 400 and 600 ranges such as the 616R, 612R, 408R, 410R and 412R.
The coveted Machine of the Year award for 2022 went to the MacDon FD2 Flex Draper. This new machine provides greater capacity, increased speed and more flexibility to deliver improved harvesting performance.
This machine has the company’s technology, with wheels which enables the header to follow the contours of the field. Resulting in consistent height of stubble when cutting 1-18” off the ground. Features include a high-speed cutting system; deeper deck; and many other exciting inclusions to deliver improved performance. Check out all the details and specs to decide if this award-winner is suited to your operation. If so, contact us for pre-approved machinery finance so you’re ready to order fto expedite delivery and start realising the benefits asap.
Another of the highly-coveted awards, that for the machine designed and built in Australia, went to the Ezy Feeder. Designed and built by West Wyalong’s Daniel Draper who reportedly said he was privileged to take out the gong. The Ezy Feeder is a dual-auger, multi purpose machine with capacity for 70 bags. The machine was first launched back in 2004 but has evolved over time to become this year’s award winner.
Features include a rear 305 litre additive box, Bluetooth-enabled scales and waterproofed display with read-out in the machine. As an award-winner, this could be a must-see machine for many farmers.
Machinery Finance Options
This year’s award-winners at the September HMFD event are designed to deliver better performance and productivity for farmers. That outcome can be optimised and further improved by acquiring machinery with the most cost-effective finance.
The choice of finance product can be significant to the business achieving its financial objectives. The selection of loan products for farm machinery acquisitions include: Leasing, Chattel Mortgage, Commercial Hire Purchase and Rent to Own. There are varying features across this selection with choice depending on the structure of the business, accounting method implemented, approach to the balance sheet and overall financial goals. We highly recommend that our customers speak with their accountant in arriving at a decision around choice of loan product.
The interest rate on machinery finance is critical to the overall cost of the loan and hence the total investment in the equipment. Rates will vary across banks and non-bank lenders and for different businesses. Covering many lenders to find the cheapest rate can be time-consuming and at times, confusing. We support the farming community by offering a broker-style lender service to save time, save the hassle of sourcing finance and cut through any possible confusion.
Interest rates can vary with the type of industry also. Making pre-purchase finance decisions based only on general rate advertisements for equipment finance may not deliver a close enough estimate. With access to more choices of lenders, we can source the cheapest interest rates on farm and agricultural equipment.
To assist farmers with budgeting with quick quotes and pre-approved machinery finance. The loan can be quoted and processed through to approved stage even before the commitment has been made to purchase. This allows farmers to know exactly what the finance will cost and hence, they can proceed with confidence.
In the current economic situation, especially in regard to the shortage of labour and rising costs, equipping a property with machinery which will deliver improved productivity may be a huge benefit.
For cost-effective finance on award-winning farm machinery, contact Jade Equipment Finance on 1300 000 003 for a quote.
DISCLAIMER: IF MISINTERPRETATIONS, MISREPRESENTATION OR ERRORS EXIST IN THIS ARTICLE, NO LIABILITY IS ACCEPTED. THE INFORMATION IS PROVIDED ONLY FOR GENERAL PURPOSES AND NOT IN ANY MANNER INTENDED AS THE ONLY SOURCE FOR MAKING FINANCIAL DECISIONS. THOSE THAT CONSIDER THEY REQUIRE ADDITIONAL GUIDANCE OR ADVICE SHOULD REFER TO AN INDEPENDENT FINANCIAL ADVISOR.