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"Where is KRAUSE AGRI-FINANCE™ available?
KRAUSE AGRI-FINANCE™ programs are available through your Krause dealer.
How long does it take to approve my application?From application to loan closing usually takes 4 hours or less during processing hours.
Is the application process complicated?
Not at all, the application is a simple two page form with balance sheet information for transactions up to $ 150,000.
Is there a minimum financed amount?
There is a $ 10,000 minimum on loans and a $ 15,000 minimum on leases.
What are the terms of the loan?
New Krause equipment loans and leases can be from 3 to 5 years.
Are there Payment Frequency options?
Yes, your loan can be set up on monthly, semi-annual or annual payments.
Irregular payment schedules are also available.
What is the Down Payment requirement?
As little as 20% down payment is required on loans and this can include your trade in equipment if any.
Are there Prepayment Penalties on loans?
There are no Prepayment Penalties on loans, however, leases may be subject to early termination penalties. |
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