McCormick tractors distributor AgriArgo UK has introduced a time-limited finance scheme in partnership with ARGO Finance that will help arable farmers in particular purchase a new X7 Series tractor. The interest-free zero-plus-five scheme involves an initial payment on November 1 this year, followed by four subsequent annual payments that also fall due on the first day of November.
Available now through to the end of September, there’s nothing to pay until the beginning of November, and payments coincide with arable farmer cash-flows from harvest receipts. Moreover, there is no interest to pay on the amount borrowed, which can be up to 50% of the retail list price of the machine.
The X7 Series comprises semi-powershift and VT-Drive stepless transmission tractors spanning 136-212hp, and the same finance package can also cover a McCormick MClassic or MPower loader for X7 tractors.