AgDirect Financing

Agriculture is constantly changing and so is the ag equipment market. In today’s high-cost, high-risk environment, securing the right financing options is just as important as equipment selection, operator training and ongoing maintenance and repairs. For more than a decade, GreenStone has partnered with AgDirect®, one of the fastest growing equipment financing programs in the nation, to offer competitive loan, lease and refinancing options as an alternative to manufacturers’ captive equipment financing and local lending sources. Through this partnership, GreenStone customers can count on attractive rates, fast decisions and flexible terms regardless of the equipment brand or where they choose to buy. Because AgDirect has no manufacturer rebate or financing

restrictions, customers can also take advantage of manufacturers’ cash payment discounts and still finance though the AgDirect program, allowing them to leverage the best of both worlds. “One of the reasons AgDirect has been successful is its connection to the Farm Credit System,” says Scott Welden, an AgDirect territory manager in Michigan, Indiana and Ohio. “It’s rewarding to see the positive impact we make on the producers, dealers and partners we work with, and see AgDirect earnings help participating Farm Credit System associations pay patronage.” Currently, AgDirect is offered by 16 participating associations of the Farm Credit System. Together, association partners serve more than 250,000 customers and generate over $100 billion in originations annually.

AgDirect has loan, lease and refinancing options available for both new and used equipment purchases completed at the dealership, at auction or through private party transactions. To apply, participating AgDirect dealer salespersons simply enter the customer’s financing application online. A dedicated financing team and network of AgDirect territory mangers are available to assist with auction or private party purchases, and can help both dealers and producers with quoting and selecting the best financing solutions.

Another way AgDirect gives customers a competitive edge with their equipment financing is by offering a suite of digital tools and online resources that improve efficiencies, accelerate transactions and give producers more time to focus on what matters most in their operations. “It goes back to our focus of serving agriculture’s machinery and equipment financing needs,” Scott says. “All of our digital tools serve a fundamental purpose of maintaining that focus while creating flexibility, faster turnarounds and a sense of convenience.” For example, the free AgDirect Mobile app available to download allows users to calculate individual payment quotes and compare payment options side-by-side from their mobile phone or tablet*. Other key features include access to real time interest rates, a downloadable lease residual matrix, cost/hour versus cost/acre comparisons, and the ability to save and compare finance options, or email and text payment quotes. Another convenient tool for estimating costs and comparing payments includes AgDirect’s easy-to-use online payment calculator available at agdirect.com. In a matter of minutes, customers can estimate their annual, semiannual, quarterly, or monthly payments by entering the equipment price, interest rate, terms, payment frequency and amortization type. After an AgDirect application has been

submitted and approved, customers can also count on quicker closing and funding for their equipment using eSign, an electronic signature process that can take place at the dealership or any location using a mobile device. *Your mobile carrier’s message and data rates may apply. **Excludes leases over $500,000. ***Farm Credit System debt is ineligible for refinance. AgDirect is an equipment financing program offered by Farm Credit Services of America and other participating Farm Credit System Institutions with lease financing provided by Farm Credit Leasing Services Corporation.

Subject to approval, there are several advantages to choosing AgDirect equipment financing: • Down payment options as low as $0 down on certain types of assets. • Financing terms on new and used equipment from 2-7 years. • Up to a 10-year term on pivots. • Variable or fixed rates with the ability to convert options. • Flexible payment structures that align with a customer’s cash flow.

• Delayed payments up to 15 months. • No prepayment penalties.** • Cash discounts offered by the manufacturer with an AgDirect rate. • Simple refinancing process for lowering rates on existing debt with a manufacturer or other equipment lender.***

The right equipment financing partner can help you remain competitive and profitable. Ask your financial officer about AgDirect or learn more about AgDirect equipment financing options by locating your nearest AgDirect territory manager or contacting the AgDirect financing team at 888-525-9805.