Four tractors and a digger parked side by side in an industrial site

Agricultural asset finance

A flexible way to acquire assets for your business

If you’re looking to finance new vehicles or machinery, asset finance lets you spread the cost over one to five years – and you could benefit from up to 0.25% cashback1, too.

Your assets may be repossessed if you do not keep up repayments on your loan.

Key features and benefits

How it works

Asset finance could help you to spread the cost of acquiring assets for your agricultural business, so you don’t disrupt cashflow or eat into working capital. It’s a hire purchase agreement where we lease assets to you for an agreed time. While you’re leasing an asset from us, you’ll have full use of it. At the end of the lease period, you’ll have the option to buy the asset2.

  • Borrow from £10,000 to £2 million
  • Choose your term – from one to five years
  • Choose a fixed interest rate, or a variable rate linked to the Bank of England Base Rate3
  • Seasonal payments are available to help with cashflow
  • You could get up to 0.25% cashback on core assets, such as vehicles, plant and machinery, on leases up to £1.2m, through the British Business Bank's ENABLE Guarantee programme with us

Asset finance could help you buy all sorts of equipment for your agricultural business, such as

  • Combine harvesters
  • Light commercial vehicles
  • Ploughs
  • Tractors
  • Sprayers

These are only a few examples – talk to us to see how asset finance could benefit your business.


Your business must be an SME within the agricultural sector. You must meet the European Commission’s definition of an SME, which means having fewer than 250 employees and turnover of less than €50m. Agricultural asset finance is subject to application and status.

You should speak with an independent financial adviser if you need advice on whether agricultural asset finance is suitable for your business.

What is the ENABLE Guarantee programme?

The ENABLE Guarantee programme is designed to encourage additional lending to smaller businesses. It’s managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy and Industrial Strategy.

For more information about the ENABLE Guarantee programme, visit British Business Bank.

How to apply

Chat with us

To find out more, or if you want to apply for agricultural asset finance, speak to your local Agriculture Manager.

Don't bank with us yet?

Call us on 0800 515 462. Lines are open Monday to Friday, 8am to 7pm4

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Agriculture Asset Finance is available to clients of Barclays Bank UK PLC through referral to Barclays Bank PLC. Referred products will be owned and administered by Barclays Bank PLC. A portion of the revenue generated from referred products may be shared with Barclays Bank UK PLC. Alternative service providers in the market may offer similar products. 

This product is only available for UK businesses banking with us. Terms and conditions apply. Barclays Asset Finance is a member of the Finance & Leasing Association (FLA). Terms and conditions apply – please ask for details.