Hire now and own later

Our hiring agreement facility not only saves you the expense of acquiring the equipment you need now, but there may also be significant potential tax advantages. You may be able to claim the interest cost as well as the depreciation of the asset, whereas with a lease agreement, the actual rent instalments are the only tax deductable part of the equation*.

Any balloon payment (a final payment made at the end of the term) is optional with a hiring agreement. When the final payment of the hiring agreement is made, the title to the goods is transferred to you.

• Competitive interest rates, fixed for the duration of the contract
• Customise the amount and frequency of your rentals to match the seasonal pattern of your farm income
• Up to 100 per cent finance (including GST) available to approved applicants
• Interest and depreciation may be claimable against your total income
• Balloon payments can be structured within the contract
• Proportionate title to the equipment remains with Rabobank until the final payment is made, at which time the title is passed to the hirer