Can UK Business Loans’ partners finance precision agriculture technology and GPS guidance upgrades?
Written by: Senior Agri Finance Editor — Last updated: 29 October 2025
Quick answer & introduction
Short answer: Yes — many of our finance partners can and do fund precision agriculture technology and GPS guidance upgrades. Read on for how it works, typical equipment costs, common finance options, eligibility signals and how UK Business Loans matches farms with lenders and brokers.
Why this matters: Precision tech (RTK-GNSS, autosteer, VRT controllers, telematics and farm software) improves accuracy and reduces input costs, but the upfront investment can be significant. Our partners provide asset finance, leasing and loan solutions that spread cost and preserve cashflow for farm businesses seeking upgrades of £10,000 and above.
What is precision agriculture & GPS guidance?
Precision agriculture uses data-driven tools to apply the right input, in the right place, at the right time. Core components include:
- Sensors and telemetry for soil, crop and weather monitoring
- Variable Rate Technology (VRT) for seed, fertiliser and spray application
- RTK-GNSS receivers and autosteering (GPS guidance)
- ISOBUS-compatible monitors and guidance kits
- Farm management software and cloud data platforms
- Drones and imagery for mapping and scouting
Typical suppliers include major OEMs and specialist precision companies offering kits and monitors. Upgrades range from bolt-on guidance kits to integrated autosteer systems and full telematics packages.
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Step 1
Complete Your Details
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Step 2
We Match Your Business
With the best business finance broker or lender most suitable for your needs.
Step 3
You Get Free Quote + Advice
You receive a free quote along with complimentary expert financial advice.
It’s fast and free to get a quote from one of the UK’s leading finance brokers / lenders who will contact you directly with your quote/s.
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Image suggestion alt text: “Tractor with RTK GPS guidance system fitted for precision agriculture”
Why farmers invest in precision tech: ROI and benefits
Precision upgrades cut overlaps, reduce waste and can deliver measurable savings on fuel, seed and agrochemicals. They also support compliance with stewardship and agri‑environment schemes.
Our Business Finance Matching Process
Step 1
Complete Your Details
It takes just 1 minute on average to complete your business and contact details.
Step 2
We Match Your Business
With the best business finance broker or lender most suitable for your needs.
Step 3
You Get Free Quote + Advice
You receive a free quote along with complimentary expert financial advice.
It’s fast and free to get a quote from one of the UK’s leading finance brokers / lenders who will contact you directly with your quote/s.
- Reduced input costs (less overlap and better placement)
- Lower labour costs through automation and more efficient operations
- Improved yields and crop quality from targeted application
- Better record-keeping and traceability for audits and schemes
Typical ROI timelines vary by farm type and scale — many farms see payback in 1–5 years. For budgeting, common equipment ranges are shown below (these are indicative):
- Guidance kits: £8,000–£40,000
- Full autosteering + monitors: £20,000–£100,000+
- Telematics fleet systems: £5,000–£50,000 depending on number of vehicles
Can lenders finance precision ag & GPS upgrades? Quick overview
Yes. Asset finance, equipment hire purchase, leasing, term loans and refinancing options are commonly available from lenders and brokers who understand agricultural assets.
Decisions depend on the asset type, whether it is new or used, the age and condition of equipment, and the trading profile of the farm business. Note: UK Business Loans is an introducer — we do not lend or give regulated financial advice; we connect you to lenders and brokers who can.
Finance types suitable for precision agriculture equipment
Asset finance / Hire Purchase
Common for tractors, autosteering kits and implements. You spread the cost while often taking ownership at the end of the term. Typical deposit: 0–30% depending on asset and lender; terms 2–7 years.
Complete Our 1-Minute Enquiry Form Now – Get a No-Obligation Quote
Leasing (Finance Lease & Operating Lease)
Leasing preserves capital and can include maintenance/upgrade options. Finance leases work like a loan; operating leases suit short-term or seasonal use without ownership.
Term business loans
Unsecured or secured term loans can fund bundled investments (hardware + software + installation). Terms and rates depend on credit profile and security offered.
Refinance & used asset finance
Contractors and fleet owners often refinance existing assets to free cash for precision upgrades.
Working capital and invoice finance
Useful if you need to fund deposits, staged payments to suppliers or bridge cashflow during installation.
Grants & capital allowances
Occasionally regional grants or tax reliefs (capital allowances) support equipment purchases — check Defra, AHDB and HMRC guidance for eligibility.
Typical costs, loan sizes & what lenders will ask for
Ballpark equipment costs (indicative): guidance kit £5k–£20k; full autosteer + precision package £20k–£150k+, depending on tractor count and integration needs.
Our partners can arrange finance from approximately £10,000 up to £500,000+ depending on lender and security.
What lenders typically assess:
- Business type and trading history (3+ years preferred for some lenders)
- Annual turnover and cashflow (management accounts)
- Asset valuation, age and condition
- Credit profile of the company/directors
- Supplier quotes, invoices and installation contracts
- Farm accounts, CAP payments or contract income where relevant
Checklist — what to have ready: equipment quotes, recent farm accounts, VAT number (if relevant), company registration details (for limited companies), simple cashflow forecast.
Typical decision process & timeline
- Complete the enquiry form (under 2 minutes) — Get Quote Now — Free Eligibility Check.
- We match your request to lenders/brokers with agriculture and asset finance expertise.
- Lenders request quotes and documents; you may receive calls or emails within hours to a few days.
- Offer, acceptance and funding — typical turnaround 3–21 working days depending on complexity and security.
Example case studies
Case A — Family arable farm
Problem: High input costs and overlap during spring drilling.
Our Business Finance Matching Process
Step 1
Complete Your Details
It takes just 1 minute on average to complete your business and contact details.
Step 2
We Match Your Business
With the best business finance broker or lender most suitable for your needs.
Step 3
You Get Free Quote + Advice
You receive a free quote along with complimentary expert financial advice.
It’s fast and free to get a quote from one of the UK’s leading finance brokers / lenders who will contact you directly with your quote/s.
Solution: Hire purchase for RTK autosteer and ISOBUS monitor — £35,000 financed over 5 years. UK Business Loans matched the farm to a lender offering a low-deposit HP with VAT handling.
Outcome: Estimated input savings of 6–10% per season; improved accuracy and operator comfort. Funding approved in 10 working days.
Case B — Dairy farm
Problem: Needed telematics and guidance across three tractors without tying up capital.
Solution: Operating lease across three tractors for telematics + guidance at £12,000 per tractor (three-year lease). Monthly rentals preserved working capital and included upgrades.
Outcome: Better route planning, reduced fuel use and improved milkround efficiency; lease signed and funded in 7 working days.
Case C — Contracting business
Problem: Fleet needed GPS upgrades to win autoregistered contracts.
Solution: Refinance of existing assets to release cash, enabling simultaneous purchase of guidance kits for multiple machines.
Outcome: New contracts won, higher utilisation and payback within two seasons for major jobs.
How UK Business Loans helps you get finance
UK Business Loans is an introducer that saves you time by matching your farm to lenders and brokers who specialise in agricultural asset finance. We collect basic information and share it only with partners likely to provide a relevant quote for your precision upgrade.
Benefits of using our service:
- Tailored matching to agriculture specialists
- Save time and reduce admin — we do the introductions
- Free, no-obligation quotes for investments from £10,000+
- Supported across the UK — whether you need guidance kits, autosteering or telematics
For a more general overview of options across the sector, see our agriculture business loans page on agriculture business loans.
Compliance & transparency
UK Business Loans is an introducer. We do not lend or provide regulated financial advice. By submitting an enquiry you consent to us sharing your details with selected lenders and brokers who will contact you about finance options.
Submitting an enquiry is free and will not affect your credit score. If you progress to a formal application, lenders may carry out credit checks. We do not guarantee offers, rates or approvals — outcomes depend on the selected lender’s own assessment and your business circumstances.
See our Privacy Policy for how we handle data and our partner vetting process.
Call to action — how to start
Ready to explore finance options for precision agriculture upgrades? The enquiry form takes under two minutes — basic business info, loan amount required, equipment details and contact details. We’ll match you to the best lenders/brokers and they’ll contact you with quotes.
Get Quote Now — Free Eligibility Check
No obligation. No fee for using our service.
Frequently asked questions
- Can you finance used GPS/guidance equipment?
- Yes—some lenders will finance used equipment depending on age, condition and valuation. Provide make, model and year when you enquire.
- How long does approval take?
- Typical timelines are 3–21 working days from application to funding, depending on lender, documentation and security required.
- Will my enquiry affect my credit score?
- No. Submitting an enquiry through our service is a soft introduction and will not affect your credit score. Formal lender checks may occur later.
- Do you offer grants or only loans?
- We introduce businesses to lenders and brokers for finance. Grants are administered by government and industry bodies—check Defra or AHDB for current schemes.
- Can start-up farms apply?
- Many lenders prefer established trading history; however, some specialist lenders and brokers will consider newer operations—provide as much supporting information as possible.
- What if I have poor credit?
- Different lenders have different risk appetites. We’ll try to match you to partners who can consider challenged credit profiles, but outcomes depend on the lender’s decision.
- Is VAT included in finance?
- Some finance deals can include VAT; others finance the net cost and require VAT to be paid separately. Ask your lender or broker for details when you receive quotes.
Closing summary
Yes — partners in our network can finance precision agriculture technology and GPS guidance upgrades. Options include asset finance, hire purchase, leasing and term loans for equipment investments from around £10,000 upwards. To explore tailored quotes, complete our short enquiry now and we’ll match you to specialist lenders and brokers.
1. Can UK Business Loans’ partners finance precision agriculture technology and GPS guidance upgrades?
Yes — our partners commonly provide asset finance, hire purchase, leasing and term loans for precision agriculture and GPS guidance upgrades, typically from around £10,000 upwards.
2. What types of finance are available for GPS guidance and precision ag equipment?
Available options include asset finance/hire purchase, finance and operating leases, unsecured or secured term loans, refinance, working capital and invoice finance via specialist lenders and brokers we introduce.
3. Can you finance used GPS/guidance equipment?
Some lenders will finance used guidance equipment depending on age, condition and valuation, so provide make, model and year when you submit an enquiry.
4. How much can I borrow for precision agriculture and telematics upgrades?
Our network can arrange finance from roughly £10,000 up to £500,000+ depending on the lender, security offered and asset type.
5. Will submitting an enquiry through UK Business Loans affect my credit score?
No — submitting an enquiry is a soft introduction and will not affect your credit score, although lenders may carry out formal checks if you progress to an application.
6. How long does approval and funding usually take for agri equipment finance?
Typical turnaround from formal application to funding is about 3–21 working days, depending on lender requirements, documentation and transaction complexity.
7. What documents and eligibility criteria will lenders typically ask for?
Lenders usually request equipment quotes or invoices, recent farm accounts, VAT and company details, a simple cashflow forecast and information on asset age/valuation, with several lenders preferring 3+ years trading history.
8. Can start-up farms or businesses with poor credit get finance for precision upgrades?
Yes — some specialist lenders and brokers in our network consider start-ups and applicants with challenged credit profiles, though approvals depend on supporting evidence and lender appetite.
9. Is VAT, grants or tax relief included in the finance for precision agriculture equipment?
Some finance deals can include VAT while others require VAT to be paid separately, and grants or capital allowances are administered by Defra/AHDB/HMRC rather than through UK Business Loans.
10. How do I start to get personalised quotes for precision agriculture and GPS guidance upgrades?
Complete our quick, free enquiry form (under two minutes) and we’ll match your business to relevant lenders and brokers who will contact you with no-obligation quotes.