Agricultural Equipment Financing
Finance Hay & Forage Equipment
Axiant Partners finances hay equipment — round balers, large square balers, windrowers, mower-conditioners, rakes, and tedders. New Holland, John Deere, Kuhn, Krone, AGCO Hesston.
- ✓ Round and large square balers
- ✓ Self-propelled windrowers
- ✓ Mower-conditioners, rakes, tedders
- ✓ Bundle with tractor for best terms
- ✓ Decision in 24–48 hours
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Hay Equipment Financing — Round Balers, Square Balers, Windrowers & More
Complete hay and forage equipment financing guide. Round balers ($25K–$80K), large square balers ($80K–$180K), self-propelled windrowers ($120K–$250K), and all associated implements. New Holland, John Deere, Kuhn, Krone, AGCO Hesston.
Key Facts: Hay Equipment Financing
- Round Balers: $25,000–$80,000 | Most widely financed hay implement
- Large Square Balers: $80,000–$180,000 | Commercial hay operations
- Self-Propelled Windrowers: $120,000–$250,000 | High-capacity hay cutting
- Mower-Conditioners: $15,000–$65,000 | Pull-type and mounted
- Major Brands: New Holland, John Deere, Kuhn, Krone, AGCO Hesston, CLAAS Rollant
- Best Financing: Bundle with tractor for OEM program best terms
- Small Implements: Use OEM dealer promos or fintech for implements under $25K
About Hay Equipment Financing
Hay and forage equipment represents the third-largest category of farm equipment financing (behind tractors and combines), driven by the approximately 52 million acres of hay harvested annually in the US. Hay equipment is used across a wide range of operations — from small livestock farms cutting 50 acres annually to custom hay operators putting up tens of thousands of bales per season.
For financing, hay equipment generally falls into two broad categories: implements (mower-conditioners, rakes, tedders, bale wrappers) that are usually financed as standard equipment, and larger self-powered machines (self-propelled windrowers, round balers, large square balers) that are treated as major equipment investments with more formal underwriting. The largest hay equipment investments — $100,000+ large square balers and $200,000+ self-propelled windrowers — are comparable in price to utility tractors and are underwritten accordingly.
New Holland has historically had one of the most comprehensive hay and forage equipment lineups, which is why New Holland dealers often have the deepest experience helping customers finance complete hay equipment packages. See our New Holland Equipment Financing guide for the full H series lineup.
Round Baler Financing — Brand and Price Comparison
| Brand / Model | Bale Size | Type | New Price | Used (3–5 yr) |
|---|---|---|---|---|
| New Holland RB450 Ultrafeed | 4x5 ft | Fixed chamber | $25,000–$35,000 | $10,000–$18,000 |
| New Holland RB560 Ultrafeed | 5x6 ft | Fixed chamber | $32,000–$44,000 | $14,000–$23,000 |
| New Holland Roll-Belt 460 | 4x6 ft | Variable chamber | $38,000–$52,000 | $17,000–$27,000 |
| John Deere 460M | 4x6 ft | Fixed/variable | $35,000–$48,000 | $15,000–$25,000 |
| Kuhn RB5100 Optifeed | 5x6 ft | Variable chamber | $38,000–$54,000 | $16,000–$28,000 |
| Krone Comprima V 150 | 4x5 ft / 5x6 ft | Variable chamber | $40,000–$58,000 | $18,000–$30,000 |
| AGCO Hesston RB4160P | 4x6 ft | Variable chamber | $42,000–$60,000 | $18,000–$31,000 |
| CLAAS Rollant 455 RC | 5x6 ft | Variable chamber | $45,000–$65,000 | $20,000–$34,000 |
| John Deere 560R | 5x6 ft | Variable belt | $50,000–$70,000 | $22,000–$36,000 |
| New Holland BigBaler 1290 | Round-up premium | Premium variable | $60,000–$80,000 | $26,000–$42,000 |
Large Square Baler Financing — Brand and Price Comparison
| Brand / Model | Bale Size | New Price | Used (3–5 yr) | Notes |
|---|---|---|---|---|
| New Holland BB9060 | 3x3 ft | $80,000–$105,000 | $35,000–$54,000 | Entry large square |
| AGCO Hesston 2956A | 3x3 ft | $85,000–$112,000 | $37,000–$58,000 | Hesston heritage brand |
| Krone BiG Pack 1290 HDP | 3x3 ft | $90,000–$125,000 | $39,000–$65,000 | High-density German design |
| Kuhn LSB 1290 iD | 3x3 ft | $88,000–$122,000 | $38,000–$63,000 | iD density sensor |
| New Holland BigBaler 1270P | 4x3 ft | $110,000–$145,000 | $48,000–$75,000 | 4x3 jumbo bale |
| John Deere L341 | 3x3 ft | $95,000–$130,000 | $41,000–$68,000 | Intellibale density control |
| Krone BiG Pack 1290 XC | 3x3 ft | $140,000–$180,000 | $61,000–$94,000 | Flagship — cross conveyor |
Hay Implements — Mower-Conditioners, Rakes, Tedders, Bale Wrappers
| Equipment Type | Width / Capacity | New Price Range | Notes |
|---|---|---|---|
| Disc mower-conditioner (mounted) | 8–12 ft | $15,000–$32,000 | 3-pt hitch, tractor mounted |
| Disc mower-conditioner (pull-type) | 12–18 ft | $28,000–$65,000 | Wider cut, faster operation |
| Self-propelled windrower | 14–35 ft | $120,000–$250,000 | New Holland H8080, JD W series |
| Rotary rake (single) | 8–14 ft | $8,000–$18,000 | Kuhn GA, New Holland H7460 |
| Rotary rake (twin) | 18–30 ft | $18,000–$35,000 | Higher output, tandem design |
| Tedder (4–6 rotor) | 14–24 ft | $8,000–$16,000 | Kuhn TF, New Holland tedders |
| Tedder (8–10 rotor) | 28–40 ft | $16,000–$25,000 | High-capacity fold design |
| Round bale wrapper | N/A | $15,000–$40,000 | Net or film wrap, inline or individual |
Hay Equipment Brand Comparison — Financing Perspective
| Brand | Parent | Lender Familiarity | OEM Financing | Best For |
|---|---|---|---|---|
| New Holland | CNH Industrial | Excellent | CNH Industrial Capital | Complete hay system, NH dealers |
| John Deere | Deere & Co | Excellent | John Deere Financial | JD tractor owners, round balers |
| Kuhn | Kuhn Group (France) | Very good | Kuhn dealer financing | Implements, mid-size operations |
| Krone | Krone GmbH (Germany) | Good | Krone dealer financing | Large square balers, forage |
| AGCO Hesston | AGCO Corporation | Good | AGCO Finance | AGCO tractor owners |
| CLAAS Rollant | CLAAS | Moderate | CLAAS Financial Services | CLAAS dealers only |
Hay Equipment Financing Options
| Financing Type | Provider | Best For | Typical Terms |
|---|---|---|---|
| OEM Loan (bundled with tractor) | CNH Industrial Capital or JD Financial | Best overall — single application | 36–72 months, potential 0% promos |
| OEM Standalone Implement Loan | CNH Industrial Capital or JD Financial | Implements only | 36–60 months |
| Farm Credit Loan | Farm Credit institutions | Large square balers, windrowers | 60–72 months, competitive rates |
| AgDirect | Farm Credit Services of America | Fast online application | 48–72 months |
| Independent Lender | ENGS, Beacon Capital, Crest | Round balers, used equipment | 36–60 months |
| Fintech (under $25K) | Clicklease, Balboa Capital | Small implements, startups | 24–48 months, higher rate |
Ready to Finance Hay Equipment?
Get matched with lenders for round balers, large square balers, self-propelled windrowers, and all hay implements — New Holland, John Deere, Kuhn, Krone, and AGCO Hesston.
Related Agricultural Equipment Financing Guides
- Agricultural Equipment Financing — Complete Overview
- New Holland Equipment Financing — H Series Hay Equipment
- John Deere Tractor Financing
- Massey Ferguson Tractor Financing
- Kubota Tractor Financing
Frequently Asked Questions — Hay Equipment Financing
What are the major hay equipment brands and which are easiest to finance?
Major hay equipment brands in the US include New Holland (H series — one of the most comprehensive lineups), John Deere (C and W series balers, R series rakes), Kuhn (French brand, widely distributed in US), Krone (German brand, strong in large square balers), AGCO Hesston (AGCO brand, hay/forage specialist), and CLAAS Rollant (combine manufacturer's baler line). New Holland and John Deere are the easiest to finance due to highest lender familiarity and deepest used equipment markets. Kuhn and Krone have strong independent lender support. CLAAS equipment may require a slightly larger down payment from independent lenders due to smaller US market share.
How much does a round baler cost and what are typical financing terms?
New round balers range from $25,000 (small fixed-chamber baler for hobby operations) to $80,000+ (premium variable-chamber models with bale wrapping integration). The most popular mid-range round balers (New Holland Roll-Belt 460, John Deere 460M, Kuhn RB5100) run $35,000–$55,000 new. Typical financing terms: 36–60 months for round balers, 10–20% down for independent lenders, 0–10% down through OEM programs (CNH Industrial Capital, John Deere Financial). Used round balers (3–7 years old) run $12,000–$35,000 and are financed with 15–20% down through most lenders.
What is the financing difference between a round baler and a large square baler?
Large square balers ($80,000–$180,000) are considered mid-to-large ticket items and are financed similarly to small tractors. They require good credit and typically 10–20% down through independent lenders or 0–10% through OEM programs. Round balers ($25,000–$80,000) are easier to finance because the lower price points are accessible to more lenders including fintech and smaller independent lenders. The key difference: large square balers are used primarily for commercial hay operations selling baled forage, while round balers are used across a wider range of operations — which gives round balers broader secondary market appeal and thus lower lender risk.
Can I finance a self-propelled windrower?
Yes — self-propelled windrowers (also called swathers, $120,000–$250,000 new) are financed as standard equipment. New Holland SP windrowers (H8080 series), John Deere W series, AGCO Hesston SP windrowers, and MacDon FD series are all commonly financed. OEM programs (CNH Industrial Capital for New Holland, John Deere Financial) are the most straightforward option. Farm Credit and AgDirect also finance windrowers with competitive rates. Used SP windrowers (3–7 years old, $40,000–$120,000) are commonly available and financed with 15–20% down through independent lenders.
Can I finance hay rakes, tedders, and mower-conditioners?
Yes, though lower-cost implements ($8,000–$35,000 for rakes and tedders) may require fintech lenders for low-down options. Most traditional equipment lenders have minimum loan amounts of $15,000–$25,000. For hay implements below $25,000, options include: OEM dealer financing through New Holland or John Deere (often with $0 down promotional programs), AgriCredit (Farm Credit's small equipment program), Clicklease or Balboa Capital (fintech lenders, higher rates but low documentation), or purchasing with a short-term equipment line of credit from your operating bank.
Should I finance hay equipment separately or bundle with a tractor purchase?
Bundling hay equipment with a tractor purchase on a single application is often the most efficient approach. When you finance a New Holland T6 tractor and New Holland H series hay equipment together through CNH Industrial Capital, you benefit from: one application and credit pull, potentially better terms on the combined package vs. separate applications, and sometimes lower overall rate on the implement when bundled with a larger tractor loan. The same logic applies to John Deere — financing a 6M tractor and C560R round baler together through John Deere Financial is typically simpler than two separate applications.