PERSONAL PROGRAMS


Payment solutions for all credit profiles
with one easy application

Your application will be automatically routed to the program and lender that are the best match for your credit profile and needs.

Personal Equipment Loan

  • Transactions of $1,500 to $75,000
  • For upper tier credit customers
  • Compact tractors, trailers, mowers, ATV’s eligible
  • New & used equipment eligible
  • Fixed rate APR based on credit tier
  • No prepayment penalty
  • Terms available: 12, 24, 36, 48, 60 months

Low Payments Lease

  • Transactions of $200 to $15,000
  • For average credit customers
  • $1 due at signing
  • Term length structured to keep payments low
  • Skip-A-Payment Option available
  • 30 Days Same as Cash option available
  • No early pay-off charges

No Credit Needed Program

  • Transactions of $300-$7,500
  • No credit needed
  • Fast decision
  • Day 1 ownership**
  • Early payoff option
  • Flexible term lengths
  • Repairs eligible**

**Availability varies by state

Small Ticket Lease

  • Transactions of $50-$2,500
  • For challenged credit customers
  • No credit needed
  • Instant decision
  • 90 Days Same as Cash option available
  • Flexible spending limit
  • $0 due at signing

How to Qualify

Minimum Requirements

  • Photo ID showing that you are at least 18 years old
  • Minimum Annual Gross Income of $12,000
  • Valid Social Security Number (SSN) or Taxpayer ID Number (ITIN)
  • Valid Email Address & Phone Number
  • Electronic Payment Method

May Be Required

In order to be eligible for additional lending products, more information may be required:

  • 12 months as a W-9 contractor or 6 Months on the job at a W-2 employee
  • Monthly net income of $1300 or more
  • Checking account for at least 1 month where income is deposited
  • Credit score of 550 or higher

How it Works

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Apply

Start the application online through the APPLY NOW button. Or, if you are at a participating dealership, apply through that store’s Mower Finance link.

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Get Matched

The Terrace Finance lending platform will work to match you with a program based on your credit profile and needs. The assigned lender will follow up with you directly to make an offer.

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Finalize

Review the terms from your lender match and e-sign the documents.

Take home your items!

Explore Our Nationwide Network of Equipment Dealers

Don’t see your favorite dealer? Suggest them to us:
888-464-6256