{"id":315,"date":"2022-06-23T05:48:12","date_gmt":"2022-06-23T05:48:12","guid":{"rendered":"https:\/\/aglend.com.au\/?p=315"},"modified":"2022-10-21T04:29:38","modified_gmt":"2022-10-21T04:29:38","slug":"ambitious-darling-downs-farm-hand-acquires-first-harvester-via-farm-equipment-loan","status":"publish","type":"post","link":"https:\/\/aglend.com.au\/blog\/ambitious-darling-downs-farm-hand-acquires-first-harvester-via-farm-equipment-loan\/","title":{"rendered":"Ambitious Darling Downs farm hand acquires first harvester via farm equipment loan"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>The challenge:<\/strong><\/h2>\n\n\n\n<p>A part-time farm hand wanted to buy his own harvester, but his risky credit profile prevented lenders from extending any farm equipment loan.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The outcome:<\/strong><\/h2>\n\n\n\n<p>Aglend successfully negotiated equipment financing with a sympathetic lender at a market-leading rate.<\/p>\n\n\n\n<p>Dreaming of a better future, a part-time farm hand at the Darling Downs sought financing to&nbsp;<a target=\"_blank\" href=\"https:\/\/aglend.com.au\/lending-expertise\/farm-equipment-finance\/\" rel=\"noreferrer noopener\">purchase his first harvester<\/a>&nbsp;and do business as a farm contractor.<\/p>\n\n\n\n<p>Challenges loomed. The farm hand had a day job, was a first-time equipment buyer, and was about to become a&nbsp;<a target=\"_blank\" href=\"https:\/\/aglend.com.au\/blog\/farm-loans-for-beginning-farmers-australia\/\" rel=\"noreferrer noopener\">first-time farm contractor<\/a>&nbsp;who had just recently attracted his first batch of clients. The clients were local farmers who had offered work for the young farm hand to harvest their crops.<\/p>\n\n\n\n<p>Not surprisingly, most lenders felt accommodating the inexperienced, casually employed farm hand was just too risky.<\/p>\n\n\n\n<p>Aglend stepped in and managed the entire application process, engaging a new lender who better understood the farm hand\u2019s potential and was willing to consider future work contracts in assessing his payment capacity.&nbsp;<\/p>\n\n\n\n<p>While helping structure the&nbsp;<a target=\"_blank\" href=\"https:\/\/aglend.com.au\/lending-expertise\/plant-equipment-finance\/\" rel=\"noreferrer noopener\">farm equipment loan<\/a>, Aglend successfully negotiated for a market-leading rate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A part-time farm hand wanted to buy his own harvester but his risky credit profile prevented lenders from extending any farm equipment loan.<\/p>\n","protected":false},"author":1,"featured_media":300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"post_folder":[19],"_links":{"self":[{"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/posts\/315"}],"collection":[{"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/comments?post=315"}],"version-history":[{"count":2,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/posts\/315\/revisions"}],"predecessor-version":[{"id":3065,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/posts\/315\/revisions\/3065"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/media\/300"}],"wp:attachment":[{"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/media?parent=315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/categories?post=315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/tags?post=315"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/aglend.com.au\/wp-json\/wp\/v2\/post_folder?post=315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}