Agriculture Drone Financing for Commercial Spray & Precision Agriculture Drones
Looking for agriculture drone financing? agGRO provides commercial financing solutions for spray, mapping, and precision agriculture drones — including platforms from DJI Agras, Hylio, XAG, and other commercial drone manufacturers.
Designed for farmers, ranchers, and agricultural service businesses.
Are you a dealership interested in offering customer financing through agGRO? Click here to learn more.
Why Finance an Agriculture Drone?
Commercial agriculture drones are changing how operations spray, scout, and manage crops — but many lenders still struggle with how to properly finance them. From collateral requirements to FAA considerations, agGRO understands the nuances of commercial drone financing and helps agricultural operators access funding for spray and precision agriculture drone platforms.
Who Agriculture Drone Financing Is For
agGRO’s Agriculture Drone Financing Program is designed for commercial operators, including:
Farmers expanding precision agriculture capabilities
Ranchers adopting commercial spray drone technology
Custom applicators investing in commercial drone spraying platforms
Agricultural service businesses scaling mapping and scouting operations
Farm management companies implementing drone-based crop monitoring
We focus exclusively on commercial-use drones used in agricultural production.
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Head to our Online Application or Download the agGRO Mobile App
Or download the app from the links below or by searching “agGRO” in the app store.
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Complete our Credit Application
Choose “Equipment Purchase” to get started. Our loan application takes less than 5 minutes to complete on average, and you could receive conditional approval within ten minutes.
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Prepare with Necessary Documents
For the smoothest appliction process, have your driver’s license, prior year tax return, and financial statements ready to upload. Prepare to take a photo of the piece of equipment you’re purchasing and the purchase order at the dealership.
Want to Learn More Before You Apply?
Explore our Agriculture Drone Financing Resource Center for guides on FAA registration, insurance requirements, and what lenders look for when financing commercial spray drones.
FAQs
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Many lenders are cautious with drones, but agGRO provides financing for commercial agriculture drone platforms from leading manufacturers.
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We focus on commercial-use agriculture drones used for crop spraying, mapping, scouting, and precision agriculture operations.
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Yes. Many agriculture drone loans are structured through LLCs or agricultural service businesses, subject to underwriting.
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Term Length: 3 years (36 months)
Downpayment: 20% of the total loan amount (required upfront)
Interest Rate: 5.75%
Loan Amount: Based on the purchase price of drones and other qualifying agricultural technology equipment as summarized in a purchase order.
*All loans are subject to a 1% loan processing fee and $100 loan document fee.
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A 20% downpayment is required to secure financing for the purchase of qualifying drones, robotics, or related equipment.
The downpayment can be made in cash or through trade-in equipment of equal or greater value.
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There are no prepayment penalties, so borrowers can pay off the loan early without additional charges.
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Commercial drone operators are typically required to register equipment with the FAA, and proper registration helps support collateral requirements.
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Insurance is required on all financed equipment. Minimum requirements by the lender typically include:
Hull coverage (covers physical damage to the drone itself)
Coverage requirements may vary based on borrower creditworthiness, collateral equity, and underwriting review.
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Loans can be approved and funded in 1-2 business days if all requested information is provided by the borrower promptly.
All loans are subject to credit approval.
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Download the agGRO mobile app or click on the Apply Now button to complete the application.
Provide additional documentation prompted by the app. This may include:
Equipment Purchase Order or Invoice
Photo of the Equipment and the Serial #/VINs (on all components with a value greater than $3,000)
Prior Year Tax Return
Current Financial Statements (May be required by the lender. A balance sheet can be created in the agGRO mobile app, or we can provide a template, if the customer does not have one.)
Still have questions? View our Demo Video!
Drone Payment Calculator
agGRO’s current terms on drone loans are 36 months at 5.75%. A 20% downpayment is required.
Estimates are for illustrative purposes only. Final terms and payment amounts are subject to credit approval and underwriting.