Equipment Financing at Auction

New or used farm equipment financing for auctions made simple.

Why Use AgDirect® for Auction Financing?

Whether you’re bidding online or at a live farm equipment auction, AgDirect® offers flexible financing that helps you secure the new or used farm equipment you need with confidence. With pre-sale credit decisions and competitive rates, you can move quickly to secure the right equipment—knowing your financing is ready when you are.

Pre-Sale Credit Decisions

Apply for financing before the auction — pre-sale credit decisions let you lock your rate for 45 days, so you can bid confidently knowing how much you can spend.

Fast, Streamlined Process

Apply online with a simple application and use electronic signatures to keep paperwork to a minimum.

Low Rates & Flexible Terms

Get low rates and payment schedules that match your cash flow. Choose monthly, quarterly, semiannual or annual payments. 

Popular Auction Sources for AgDirect Financed Equipment

AgDirect finances farm equipment purchased through a wide range of auction companies and online marketplaces. These are some of the most frequently used, and we're able to work with many others as well.

  • Armstrong Western  
  • AuctionTime.com  
  • Bergh Auction Service/Owen Auction Service  
  • Big Iron
  • BMZ, Inc dba Zomer Auctioneering & Associates  
  • Booker Auction  
  • Chuck Yarbro Auctions  
  • Del Peterson & Associates  
  • DeWitt Auction 
  • Equify Auction 
  • Equipmentfacts.com  
  • Facebook Marketplace  
  • Fastline.com  
  • Iron Planet  
  • JBS Auctions  
  • Kiko Auction  
  • MachineryPete.com  
  • MachineryTrader.com  
  • Peterson & Associates Auctions  
  • Pifer's  
  • Purple Wave Auction 
  • Ritchie Bros Auctioneers  
  • Ruhter Auction & Realty  
  • Schrader Real Estate and Auction, Inc.  
  • Sheridan Realty & Auction Co  
  • Steffes Group, Inc.  
  • Sullivan Auctioneers, LLC  
  • The Bill Stade Auction & Realty Company  
  • The Wendt Group  
  • TractorHouse.com  
  • Tractorzoom.com  
  • US Auction 

What Farm Machinery Can I Finance at Auction with AgDirect?

Whether you want to purchase new or used farm equipment, AgDirect offers auction financing options for nearly every type of equipment utilized in agriculture. 

Agricultural Equipment
Tractors, combines, planters, sprayers, skid loaders and everything in between.

All Brands
John Deere, New Holland, Fendt, Case IH and many more.

New and Used
Take advantage of competitive rates and flexible payment options for both new and used equipment.

Auction and private party purchases require a minimum purchase price of $25,000 (before down payment).

tractor and baler in field baling hay

How to Apply for Financing at Auction

1

Apply online, contact AgDirect, or work with a participating Farm Credit office to complete your application at least two business days before the auction.

2

Most credit decisions are returned within hours — so you’re ready to bid with financing in place.

3

Bid with confidence and secure the equipment you need.

4

After the auction, provide AgDirect with the auction invoice and complete equipment details.

5

An AgDirect team member will prepare financing documents for your review. Documents can be signed electronically or in person, making the process simple and convenient.

6

Once documents are complete, funds are disbursed and your financing is finalized.

man using mobile phone in field

Auction Financing FAQs

1

Application Requirements:

  • Copy of the most recent unexpired driver’s license for all applicants.
  • Auction invoice with:
    • Auction date
    • Sale price
    • Full asset description (year, make, model, full serial number).
    • Funding instructions (name and address of who should be funded, subject to other requirements).
    • Auction company contact information.

Before Documents Are Generated:

AgDirect will complete a lien search on both the buyer(s) and seller(s) to confirm first lien position on the equipment.

  • If a blanket lien is located on the seller, a UCC-3 will be prepared and signed by the creditor.
  • If an asset-specific lien is identified, funding will be issued to both the creditor and the seller.

Before Funds Are Released:

  • All original signed loan documents must be returned to AgDirect (or electronically signed if eligible), with all signatures and pages complete.
  • All applicable lien releases must be signed and returned to AgDirect.
  • Additional information may be requested prior to funding, depending on the individual transaction.
2

AgDirect offers highly competitive loan and lease options for those who purchase farm equipment through an auction (both traditional and online). Along with attractive rates, we offer pre-sale credit decisions and ag-friendly terms.  

In addition to benefiting from competitive finance and lease options, producers who opt for auction financing through AgDirect can count on a fast and streamlined application process. 

3

Yes, AgDirect requires a minimum purchase price of $25,000 (before down payment). 

Farm Equipment Rates

Fixed rates for financing or refinancing farm equipment start at 6.25%! 

Ready to Apply? Get Started.

No matter how you buy, AgDirect makes it easy to move forward with confidence.