Specialized Financing for Commercial Drone Technology
Modern agriculture is evolving. Financing should too.
agGRO helps producers, applicators, and ag professionals access financing for agricultural drone technology through a fast and streamlined process.
Whether you're investing in spray drones, precision agriculture technology, or expanding your custom application business, agGRO offers financing designed specifically for modern agricultural operations.
Agriculture Drone Financing
Why Producers Choose agGRO
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Built for Agricultural Technology
Financing designed specifically for agricultural drone equipment and precision ag technology.
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Fast Prequalification
Quickly explore financing eligibility and estimated purchasing power.
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Streamlined Process
A simple application experience designed to help move your purchase forward faster.
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Trusted Loan Servicing
Financing provided by Security First Bank, a trusted financial institution serving agricultural communities.
Financing Backed by Security First Bank
agGRO combines innovative agricultural financing solutions with dependable financing support through Security First Bank.
How Drone Financing Works
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Step 1 — Complete Prequalification
Complete our online prequalification to get the financing process started.
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Step 2 — Review Financing Options
Our team will review your information and discuss available financing options. Additional information, such as a tax return or balance sheet, may be requested as part of the review process.
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Step 3 — Put Technology to Work
Move forward with financing designed to support your agricultural operation.
What Can Agricultural Drone Financing Be Used For?
Agricultural spray drones
Precision agriculture technology
UAV equipment and related accessories
Replacement or additional drones
Drone fleet expansion
Whether you are upgrading an existing operation or investing in new technology, agGRO can help support your next step.
Agricultural Drone Dealers
Looking for a financing partner for your customers?
agGRO works with agricultural drone dealers to provide financing solutions that help streamline purchases and support customer growth.
Dealer Benefits
Faster financing conversations
Streamlined prequalification process
Responsive support
Financing provided by Security First Bank
Ready to Explore Drone Financing?
Take the next step toward modernizing your agricultural operation with financing through agGRO.
Financing provided by Security First Bank.
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: 6.00%
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 $250 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!
Want to Learn More?
Explore our Agriculture Drone Financing Resource Center for guides on FAA registration, insurance requirements, and what lenders look for when financing commercial spray drones.