Hire purchase spreads the cost of buying equipment

Keeping your farm business running efficiently often means investing in additional vehicles, equipment or machinery.

If our Standard Loan isn't right for you, you can still avoid paying a large one-off expense for an asset by opting for Hire Purchase.

Flexible packages help you get on with business

Hire Purchase lets you spread the cost of a capital asset over a fixed term, enabling you to use some of the revenue the item generates to fund its purchase.

This helps boost your cash flow as you’ll not have to pay outright for major investments which may otherwise slow down your growth, diversification or consolidation plans.

• Buy new and used vehicles and farm equipment from £15,000 – including tractors, combines, balers, sprayers, telehandlers, feed mixer wagons, grain drying equipment, beet harvesters, pea viners, egg graders, slurry spreaders, trailers, automated parlours, commercial vehicles and more.
• Hire Purchase can help with the cost of biomass boilers, the financing of balloon payments and also VAT deferments.
• Pay the initial deposit that suits your needs and choose a repayment period of between one and five years.
• Repay monthly or seasonally to suit your cash flow.

How to apply?

Your first step is to speak to an AMC specialist. They’ll help you work out the best finance options and introduce you to Lloyds Bank. It couldn’t be simpler.

Lloyds Bank

AMC provides Hire Purchase and Leasing facilities through Lloyds Bank. As one of the largest providers of Hire Purchase agreements, they can offer a fast and affordable way to buy new and used equipment.

AMC is a wholly owned subsidiary of Lloyds Bank plc and an Introducer Appointed Representative of Lloyds Bank plc and Bank of Scotland plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc is registered in Scotland No.SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Both Lloyds Bank plc and Bank of Scotland plc are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration numbers 119278 and 169628, respectively. They adhere to The Standards of Lending Practice which are monitored and enforced by the LSB: www.lendingstandardsboard.org.uk and apply to businesses which have an annual turnover of no more than £25 million.

When using these products and services your agreement will be with a Lloyds Banking Group company whose terms and conditions will apply. The provision of credit or leasing services by them is subject to your meeting their credit approval. Please ensure that you only apply for credit or leasing services that you can comfortably afford.