Purchasing used turf equipment can be an excellent way for golf courses, landscapers, sports facilities, and other turf professionals to control equipment costs. However, purchasing several machines at once can still require a significant investment. Used mower financing options can help make these purchases more manageable while allowing businesses to preserve working capital.

At Statewide Turf Equipment, we often work with customers interested in financing used turf equipment and can provide the equipment information needed to explore financing through qualified financing companies.

What Equipment Can Be Financed?

Depending on the equipment, purchase price, and lender requirements, financing may be available for many types of used turf equipment, including:

1. Greens and fairway mowers 

2. Sprayers and spreaders 

3. Aerators 

4. Utility vehicles 

5. Tractors 

6. Debris blowers 

7. Other golf course and turf maintenance equipment 

What Does the Financing Process Look Like?

The financing process is generally straightforward:

1. Select your equipment

Determine which used turf equipment best fits your operation and budget.

2. Determine the purchase amount

The financing company will need the purchase price and equipment information.

3. Complete a financing application

The buyer provides the information required by the financing company. Approval and available terms depend on credit approval.

4. Review the financing terms

Financing terms can vary depending on the transaction and financing provider. For example, a financing illustration from Lanco Financial LLC for a $50,000 equipment transaction shows estimated payments based on different term lengths:

1. 36 months: $1,628 per month 

2. 48 months: $1,264 per month 

3. 60 months: $1,046 per month 

The example also shows a $1 purchase option and notes that the first payment is due in advance, with applicable taxes added. 

5. Complete the purchase

Once financing is finalized, the equipment purchase can move forward according to the agreed-upon terms.

A Note About Financing Terms

Financing terms, payment amounts, rates, and purchase options vary by transaction and are subject to credit approval. The Lanco Financial example is provided for illustration only and should not be considered a quote or guarantee of financing terms. 

Financing Options from Statewide Turf Equipment

Statewide Turf Equipment specializes in quality used golf course and turf equipment; we do not directly finance equipment.  If you have found equipment that fits your operation but would prefer not to pay the entire purchase price upfront, ask us about financing options and we will connect you with the team at Lanco Financial LLC our trusted source for financing used turf equipment.  

Financing is subject to lender approval. Terms, payment amounts, rates, and availability may vary based on the buyer, equipment, purchase amount, and financing provider.