1800 199 302
Tractor Finance — Built for Farmers, Contractors, and Self-Employed Operators
A tractor isn’t a luxury — it’s the engine of the farm or the contracting business. Whether you’re prepping ground for cropping, baling hay, slashing, mulching, or running implements on contract, the cost of being without the right tractor for a season is far higher than the cost of financing one.
CarFund arranges tractor finance for self-employed Australians — farmers, agricultural contractors, landscapers, and rural property owners. No tax returns required for finance under $500,000. Pre-approval in 24 hours.
GET A FREE QUOTE | CALL 1800 199 302
Tractors we finance
Compact tractors (15–50 HP)
- John Deere 1 Series, 2 Series, 3 Series compact
- Kubota L Series
- Case IH Farmall A
- New Holland Boomer
Utility tractors (50–110 HP)
- John Deere 5 Series
- Kubota M Series
- Case IH Farmall C and JX
- New Holland T4 / T5
- Massey Ferguson 4700 / 5700
Mid-range field tractors (110–200 HP)
- John Deere 6 Series
- Case IH Maxxum and Puma
- New Holland T6 / T7
- Massey Ferguson 6700 / 7700
- Fendt 500 Series
High-horsepower tractors (200 HP+)
- John Deere 7 / 8 / 9 Series
- Case IH Magnum / Steiger / Quadtrac
- New Holland T8 / T9
- Fendt 700 / 900 / 1000
- Challenger MT Series
New and used. Dealer or private sale. All major brands.
What you can borrow
| Details | |
|---|---|
| Minimum loan | $20,000 |
| Maximum — no tax returns | $500,000 |
| Pre-approval (property owners) | Up to $250,000 — zero paperwork |
| Loan term | 1 to 7 years |
| Balloon payment | Available |
| Approval time | 24 hours |
| Settlement | 2–3 business days |
| New or used | Both — used tractors fully supported |
Why tractor operators choose CarFund
1. We understand farm and contractor cash flow.
Income on the land doesn’t arrive monthly — it arrives at harvest, after a contract job, or after the cattle sell. We structure repayment schedules and balloon payments around the way the income actually flows.
2. No tax returns required.
For loans under $500,000, the no-doc and low-doc pathways replace tax returns with property ownership and ABN-based assessment.
3. Specialist lender access.
Macquarie Bank and Capital Finance both run agricultural equipment programs with sharper rates than mainstream banks for accredited brokers.
4. Used tractor finance.
A late-model used tractor at half the price of new is often the smarter buy. We finance used tractors confidently — including private sales between farmers.
5. Single-doc pathway for property owners.
Most farming clients own land. That alone unlocks the simplest finance pathway — driver’s licence and ABN, nothing else.
Chattel mortgage for tractors — the tax case
For business-use tractors (and almost all working tractors are), chattel mortgage is the right structure:
- You own the tractor from day one — name on the registration / asset record at settlement
- GST refund on the full purchase price (if GST registered) — major number on a $250,000 tractor
- Interest tax deductible as a business expense
- Depreciation deductible — including instant asset write-off where eligible
- Balloon payment matched to harvest cycle
For a $260,000 tractor purchase, the GST refund alone is around $23,600 — claimed on your next BAS.
Who qualifies?
Most active farmers and contractors qualify:
- Active ABN (12+ months — 24 months ideal)
- Australian residency (citizen or PR)
- GST registration (preferred — most farmers are registered)
- Land ownership or stable lease — strengthens the application
- Industry experience — established farming or contracting history
For loans under $250,000 with property ownership, the only documents required are usually a driver’s licence and an ABN.
Common scenarios
Scenario 1 — Mid-size farmer upgrading hay equipment tractor
Family farmer buys a $185,000 100HP utility tractor on no-doc finance. Property-owner single-doc pathway. Settlement within a week. Balloon set at 30% to align with January cropping income.
Scenario 2 — Agricultural contractor expanding fleet
Slasher / mulching contractor buys a second 130HP tractor at $235,000 to take on more work. CarFund structures with a 5-year term and 25% balloon. ABN under 24 months — extra documentation lightly required, but no tax returns.
Scenario 3 — Hobby farm with secondary income
Primary income is a city consulting business. Property ownership and consulting ABN qualify them for finance on a $95,000 compact tractor for the rural property. Standard chattel mortgage terms.
Tractor implements and attachments
We can also finance implements alongside the tractor — or separately:
- Slashers and mowers — rotary, finishing, flail
- Hay equipment — balers, rakes, tedders, mowers
- Cultivation equipment — ploughs, harrows, rippers
- Spraying and spreading — boom sprayers, fertiliser spreaders
- Loaders and front-end attachments
Implements typically finance under the same chattel mortgage structure. See our farm equipment finance page for details.
How the application works
Step 1 — Free quote
Phone call: ABN, what tractor (or rough budget), property ownership status, GST registration, intended use.
Step 2 — Pre-approval (24 hours)
We submit to the right lender — usually Macquarie or Capital Finance for ag equipment.
Step 3 — Tractor quote
With pre-approval in hand, you negotiate from strength. Dealer or private sale.
Step 4 — Final approval and contracts
Digital signing — done in minutes.
Step 5 — Settlement (2–3 business days)
Lender pays the seller. You take delivery. GST refund flows next BAS.
FAQs
Can I finance a used tractor from another farmer?
Yes — private sale tractor finance is standard. The lender may require a basic inspection or valuation depending on age and value.
Can I structure repayments seasonally?
Often yes — some lenders offer seasonal repayment structures (e.g. larger payments after harvest). Talk to us about your specific cash flow and we’ll match the right lender.
What about leasing vs chattel mortgage for tractors?
For most farmers, chattel mortgage wins because of the GST refund and depreciation benefits. Operating leases occasionally make sense for short-term contractors or when you don’t want to own the asset long-term.
Can I finance a tractor older than 10 years?
Sometimes — depends on the make, condition, and value. We’ll tell you upfront whether it’s viable before you commit to a deal.
Are rates the same as for cars?
Equipment finance rates typically run a touch higher than car finance for the same borrower profile, but the gap is small for property-owning farmers with clean credit.
Get tractor finance — free quote, no obligation
Phone us, tell us the tractor, get a quote. 10 minutes start to finish.
GET A FREE QUOTE | CALL 1800 199 302
CarFund Pty Ltd — 20+ years arranging finance for self-employed Australians. Macquarie Bank and Capital Finance accredited.
Related: Farm Equipment Finance | Equipment Finance | Chattel Mortgage