Bourgault
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Mehmi Financial Group helps businesses finance and lease Bourgault equipment, including farming equipment, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Bourgault units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.
About Bourgault
Bourgault Industries is a seeding and tillage equipment maker headquartered in St. Brieux, Saskatchewan, where its main office and air seeder production are located. In the fall of 1980, Bourgault released the world's first tow-behind 138-bushel air seeder cart, a milestone for direct seeding on the Prairies. In 2023, CBC reported that the company was sold in a deal worth about $640 million.
Bourgault equipment on our list
Our eligible equipment list includes Bourgault air drills such as the 3310 and 3320 and air carts such as the 7950. An air drill and cart work as a seeding system, and large grain farms often buy them as a pair.
How lenders view Bourgault seeding equipment
Seeding equipment is assessed on its size, age, condition of openers, meters and hoses, and how it fits the farm's acres and tractor. Farm lenders usually set payments annually or semi-annually around harvest. A drill and cart bought together can be financed in one deal, and some lenders will include the tractor if it is part of the same purchase.
Who finances Bourgault equipment
Bourgault dealers, Farm Credit Canada, bank agriculture teams and independent lenders all finance seeding equipment. Comparing them helps with used drills, auction purchases and farms upgrading several pieces before spring.
How Bourgault equipment financing works
Most Bourgault purchases are financed with an equipment loan or a lease. A loan gives you ownership from day one, with the lender registering a security interest (PPSA in Canada, UCC in the USA). A lease keeps title with the lessor and can lower the monthly payment, with a buyout, renewal or return option at the end.
What lenders check on a Bourgault farming equipment
Lenders look at hours, maintenance history and how payments fit your crop or livestock cash cycle. Seasonal or annual payment schedules are common for farm equipment.
Expect to provide a credit application, recent business bank statements, the dealer quote or bill of sale with serial number and hours, and financial statements or tax returns for larger amounts.
See the full list of eligible equipment, compare equipment financing options, or estimate payments with the equipment financing calculator.
All Bourgault models with financing pages
| Model | Type | Category |
|---|---|---|
| Bourgault 3310-60 Air Seeder | Equipment | Farming |
| Bourgault 3320-100 Air Seeder | Equipment | Farming |
| Bourgault 7950 Air Cart | Equipment | Farming |
Tax treatment of Bourgault equipment
In Canada, the CCA class depends on the asset and how it is used. Your accountant can confirm the right class. With a loan, you generally claim capital cost allowance and deduct interest. With a true operating lease, lease payments are generally deductible instead. See the CRA classes of depreciable property. In the USA, Section 179 and bonus depreciation may apply; see IRS Publication 946. Always confirm with your accountant.
Frequently asked questions
Can I finance a Bourgault air drill and cart together?
Yes. Many lenders finance a seeding system as one deal.
Where is Bourgault based?
Bourgault is headquartered in St. Brieux, Saskatchewan.
Can I get annual payments on Bourgault equipment?
Many farm lenders offer annual or semi-annual payments matched to harvest.
Can I finance a used Bourgault 3320 drill?
Yes. Lenders review size, age and the condition of openers, meters and hoses.
Can I finance seeding equipment bought at auction?
Yes, with a bill of sale and lien search. Arrange approval before the sale.
Can a tractor be included with a Bourgault drill?
Some lenders will include it if it is part of the same purchase.
