Specify the equipment.
Make, model, value bracket. Tractors, combines, planters, sprayers — eligible by value, not category.
Farming Equipment Savings Clubs
Equip your farm. Without an ag-loan covenant.
Tractors, combines, balers, sprayers, irrigation systems. Ag-equipment loans charge 7-12% APR over 5-10 year terms with crop-yield covenants tied to your operating credit. A savings club replaces the loan with a flat-fee structure that does not load your operating line.
See My Buying PowerWhy traditional financing falls short here.
Farm-equipment lenders price the cyclical risk of agriculture into rate sheets and covenants that constrain your operating cash flow. A bad-yield year on a financed tractor cascades into operating-line pressure. Savings clubs sever that linkage entirely — the equipment financing has nothing to do with your ag-credit profile or this season's yield.
- Ag equipment loans typically run 7-12% APR with 10-20% down required.
- Crop-yield covenants link equipment financing to operating credit performance.
- Equipment depreciation outpaces loan amortization in early years.
- Multi-equipment purchases hit DSCR ceilings on your operating line.
- Lender-required equipment insurance + GPS-tracking adds soft costs.
How it works for farming equipment savings clubs.
Open clubs in parallel.
Need three pieces this season? Three clubs in parallel. No DTI math, no operating-line impact.
Receive vouchers as awarded.
Predictable cadence. Use vouchers at any authorized ag-equipment dealer.
Own it free of farm covenants.
No DSCR audit. No yield-tied call provisions. Equipment is yours.
Any ag equipment
Tractors, combines, balers, sprayers, irrigation systems — eligible by value.
No down payment
Monthly contributions only. Preserve operating capital.
Flat fee
No interest. No covenants. Total cost set on enrollment.
No yield linkage
A bad season does not affect your equipment financing.
Run multiple clubs
No portfolio cap. Equip the entire farm in parallel.
Trust-protected funds
Contributions held in trust at US Bank under JHTC.
The math, side-by-side.
Metric
Traditional financing
Savings.Club
Down payment on $200,000 combine
$20,000 – $40,000
$0
Total cost over the term
$280,000 – $320,000
$230,000 – $245,000
Yield-tied covenants
Yes
No
Operating-line DSCR impact
Yes
No
Lien on equipment
Yes
No
Illustrative: $200K combine, 7-year ag loan at 9.5% vs. flat-fee Savings.Club obligation. Actual savings vary by equipment value and term.
Common questions.
Does this work for both row-crop and livestock operations?
Yes. Equipment-savings-clubs are configured by equipment value, not operation type. Row-crop, livestock, dairy, orchard, and specialty operations all qualify.
Can I use a voucher with a private equipment seller?
Yes — vouchers redeem at authorized dealers, distributors, equipment auctioneers, and private sellers.
What about used equipment?
Yes. Vouchers redeem on new or pre-owned equipment of equivalent value.
Will this affect my operating line?
No. Savings club obligations do not appear on your balance sheet as debt and do not enter DSCR calculations the way ag-equipment loans do.
Can the farm or LLC be the member?
Yes. Savings clubs accept individual, sole-proprietor, LLC, S-corp, and partnership memberships.
Ready to see your numbers?
Run the calculator or talk to a Savings Expert about your specific situation.