Why you should free up cash from your unused farm machinery

Staying on top of your assets

Staying on top of your machinery assets is a crucial aspect of modern farm management. It allows you to optimize utilisation, ensure safety and compliance, control costs, enhance productivity, and position your farm for long-term success in an ever-changing agricultural landscape. Below are some key reasons why it's crucial to stay proactive in managing your farm machinery assets:

Optimal Machine Utilisation

By regularly monitoring and tracking your agricultural machinery assets, you can ensure they are being used to their fullest potential. Idle or unused equipment ties up valuable resources and represents a swiftly depreciating investment. Being aware of the machinery's usage allows you to make informed decisions about whether to keep or sell additional equipment based on actual needs.

Cost Management

Farm machinery represents a significant investment. Staying on top of your machinery assets allows you to manage costs effectively. By understanding the true costs of ownership, including maintenance, repairs, and depreciation, you can make informed decisions about when to upgrade, replace, or sell machinery to optimise your budget.

Preventive Machine Maintenance

Regularly maintaining your farm machinery helps prevent costly breakdowns and unexpected downtime. Proper maintenance ensures that equipment is in optimal working condition, reducing the risk of pricey repairs and the loss of valuable time during critical farming seasons.

Efficient Workflows

Properly functioning farm machinery contributes to smoother and more efficient farm operations. When equipment is well-maintained and readily available, tasks can be completed on time, reducing bottlenecks, and streamlining workflows.

Machine Resale Value

Regularly maintaining and documenting the condition of your farm machinery enhances its resale value. When the time comes to sell or upgrade equipment, having a well-documented history of maintenance and care can significantly increase its appeal to potential buyers through the AMTEC's machine sourcing solutions lead to better selling prices.

Adaptability to Technological Advancements

The agricultural industry is continually evolving, and new technologies are being integrated into farming practices. Staying up to date with your machinery assets allows you to assess whether they align with modern agricultural practices and determine if upgrades or replacements are necessary to take advantage of the latest innovations.

Better Budgeting and Financial Planning

Understanding the condition and lifecycle of your machinery assets enables you to plan for future investments. By knowing when equipment may need replacement with machinery you will use more or major repairs, you can budget accordingly and avoid unexpected financial strain when trying to streamline your agricultural operations.

Machine Sourcing Solutions

At AMTEC, we understand the struggle that many farm managers face daily. We know you might have farm machinery lying idle in your barn, no longer serving, or fit for its purpose. Instead of letting it gather dust, why not unlock cash and liquidity by selling that equipment? The funds generated can be reinvested into other essential aspects of your farming operations, supporting its growth and success. You could even use that capital to invest into the right equipment you do need, to grow your business.

Contact our sourcing managers today to learn more about our sourcing solutions and explore opportunities to sell any equipment you're not using. Ensure your farms successful future with smart financial decisions and efficient farm machinery.

How the Machine Sourcing Service Works

1. Get in touch with a member of our expert machine sourcing solutions team.
2. Provide details about your requirements, such as the farm machinery you wish to sell or the equipment you wish to replace.
3. A member of the AMTEC team will come out to your farm, completing a free in-person evaluation of your machinery so we can best asses your needs.
4. Following a successful evaluation*, we will either purchase your machinery directly or locate a suitable buyer for you.
5. We'll assist in coordinating the pickup and delivery of your old machinery.
6. The transaction will be processed swiftly and efficiently. You'll receive the funds shortly so you can invest in more suitable machinery to enhance your farming operations.