Loans for machinery and equipment

Machines and equipment help make your farm more efficient. But sometimes, you need to update, repair, or replace them.

Financing can help boost your farm’s efficiency by allowing you to:

Purchase (new or used) machinery, equipment, and/or implements
Purchase new or used vehicles required for your agricultural operations (cars, trucks, pickups, and all-terrain vehicles).

We want to help power your agribusiness!

LOANS FOR MACHINERY AND EQUIPMENT

For the tools that will increase the efficiency of your agricultural operation

Purchase of new or used machinery, equipment, or implements
Purchase of new or used vehicles for agricultural operations, such as cars, trucks, pickup trucks, and all-terrain vehicles

Machinery, equipment, or implements must be intended for agricultural operations.
Machinery or equipment may be purchased from dealers in Puerto Rico, the United States, or other countries.
You must provide a quote for the machinery or equipment you wish to purchase.
Loan payments must be made automatically from a bank account. Cash or check payments are not accepted.
Good credit score required.

Proof of income (wages, Social Security, among others) and income tax returns for the last 3 years
Corporate tax returns, certificates of incorporation, or Operating Agreement and Good Standing
Recent personal financial statement (assets and liabilities)
Bank statements (last 6 months) and proof of funds to complete the transaction (if applicable)

*If necessary, additional information may be required.

*In some cases, when applicable, available government incentives may be used.
*Subject to credit approval.