Raven
Explore & Source Quality Equipment Across Canada. Whether you're exploring our inventory of pre-owned trucks and heavy machinery or sourcing equipment through a private sale, we help you secure the best deals and handle transactions smoothly, safely, and competitively with our dealer network.
Mehmi Financial Group helps businesses finance and lease Raven 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 Raven units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.
About Raven
Raven Industries makes precision agriculture technology, and CNH Industrial completed its acquisition of Raven on November 30, 2021 to expand its precision capabilities, according to CNH.
Raven equipment
Raven guidance, rate control, boom control and autonomy kits are added to tractors, sprayers and planters.
What lenders look at
Precision technology is often bought as an add-on, so lenders review the farm's income and the machine it will be installed on.
Financing Raven equipment
Kits are usually financed with the machine they go on, or as a small stand-alone upgrade.
How Raven equipment financing works
Most Raven 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 Raven 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 Raven models with financing pages
| Model | Type | Category |
|---|---|---|
| Raven Industries | Equipment | Farming |
| Raven Industries Precision Ag | Equipment | Farming |
Tax treatment of Raven 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.
End-of-term options on a Raven lease
A $1 buyout lease is built for ownership: you keep the machine for a nominal amount at the end. A fair market value lease usually has a lower payment, and at the end you can buy the equipment at its market value, return it or upgrade. Read the return conditions, such as hour limits and wear standards, before you sign.
Who finances Raven equipment
Farming: grain and oilseed farms, dairy and livestock operations, custom operators, orchards and vineyards, and agricultural contractors finance Raven equipment to take on new work, replace aging units or add capacity.
The right structure depends on how the equipment earns money. A machine tied to a long contract can support a longer term, while seasonal work may call for skip or seasonal payments that some lenders offer.
Questions to ask the dealer or seller before you finance
- What is the exact model year, serial number and hours?
- Is there a service history or recent inspection report?
- Is any warranty or extended coverage included, and does it transfer?
- Are attachments, delivery, installation and taxes itemized on the quote?
- For a private sale, is the equipment free of liens, and who will provide the bill of sale?
Insurance on financed Raven equipment
Lenders and lessors require the equipment to be insured for its replacement or financed value, with the lender named as loss payee, before funding. Some also ask for liability coverage. Getting an insurance quote early avoids last-minute delays.
Frequently asked questions
Can I finance Raven precision equipment?
Yes, with the machine or on its own.
Is Raven part of CNH?
CNH completed its acquisition of Raven in November 2021.
Can guidance be added to an older tractor and financed?
Yes.
Can I get annual payments?
Many farm lenders offer them.
Can installation be included?
Some lenders include it.
Can sprayer controls be financed?
Yes.
.svg){kind=small}