Demco, a manufacturer of grain handling equipment, trailers, sprayers and fertilizer equipment, formed a partnership with DealerDog, the embedded commercial equipment finance platform powered by TrueCore Capital.
This new partnership enables participating Demco dealers to offer commercial equipment financing directly at the point of sale, giving customers a faster, simpler way to purchase equipment while providing dealers with a tool to help close sales.
The program is intended to complement existing banking relationships rather than replace them. Many customers continue working with their local bank or Farm Credit association for operating capital while using DealerDog for equipment purchases.
“At Demco, we’re continually looking for ways to help our dealers better serve their customers,” Matt Ricke, agriculture sales manager at Demco, said. “DealerDog gives our dealers access to flexible financing that reflects the seasonal nature of agriculture while creating a faster and more transparent buying experience.”
Joshua Parrish, Demco program lead at DealerDog, added, “Agriculture financing shouldn’t force farmers to choose between purchasing equipment and protecting their operating line. Demco has built an outstanding reputation by supporting its dealer network. We’re glad to help those dealers offer financing that’s faster, more transparent, and better aligned with how farmers actually operate.”
