£148k tractor and implement package for arable expansion

Hempnall Farms is a fourth-generation arable operation outside Norwich running roughly 800 acres of wheat, barley and oilseed rape. When a neighbouring 240-acre tenancy came up at short notice, taking it on was a no-brainer strategically — but it pushed the existing kit beyond its useful working window in the autumn drilling slot.

They needed a Fendt 724 Vario, a 6-metre power harrow and a matching Horsch drill, on farm and run-in before the second week of October.

For arable farms, hire purchase almost always wins over leasing. The kit holds value extraordinarily well over a 6–8 year window, the family wanted full ownership at end of term, and the Annual Investment Allowance let them write down a meaningful chunk of the capital cost against trading profits in year one.

Arable cash flow is famously lumpy — heavy outflows in spring and early summer (inputs, agronomy), heavy inflows in late autumn and winter (grain sales). We structured the HP rentals to match: larger payments in November, December, January and February; lighter payments through the growing season.

Over the 72-month term the total cost is identical to a level-rental schedule — but the cash-flow alignment means the farm never has to dip into its overdraft to service the finance.

Tractor, harrow and drill delivered with two days to spare. Drilling completed comfortably inside the agronomic window, with the new acreage establishing well. The Fendt's residual at end of term is forecast to comfortably exceed the final HP balance, leaving meaningful equity in the asset for the next refresh cycle.