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Re: Tractor Financing - Where do I go?
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Posted by Doug in OR on October 20, 2002 at 16:08:52 from (12.225.51.197):
In Reply to: Tractor Financing - Where do I go? posted by Dave on October 20, 2002 at 06:39:18:
I presume you will be using this tractor for either small farming or a hobby. If as a small farm, a business loan my work. If as a hobby, you will need to do a personal loan. You aren't talking of a new tractor, are you? Unlike a used car, buying a used tractor is a bit different. Banks don't have much of a track record on used tractor future values - so a loan similar to a used car loan probably would not apply. If you are considering a new tractor, dealer or company financing is probably more readily available.
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History of the Cockshutt Tractor - by Danny Bowes (Dsl). The son of a very successful Toronto and Brantford, Ontario merchant, and himself quite an entreprenuer, James G. Cockshutt opened a business called the Brantford Plow Works in 1877. In 1882, the business was incorporated to become the Cockshutt Plow Company. Along with quality built equipment, expedious demand and expansion made Cockshutt Plow Works the leader in the tillage tools sector of the farm equipment industry by the 1920's.
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