John Deere Credit recently announced new financing that will help improve cash flow for commercial customers. The new Introductory Payment Plan enables John Deere commercial customers to acquire equipment in anticipation of future growth.

"The pilot for this financing program has already generated excitement in the OPE community," Steve Davis, manager, market development, John Deere Credit. "These contractors are out in the marketplace working hard to find new customers. And this new payment plan affords them the opportunity to purchase new equipment, put a crew on it and make the money they need to expand their businesses."

Under this new Introductory Payment Plan program, payments to qualified buyers are equal to one percent of the loan amount for the first months and then increase to three percent of the original loan amount for the remaining term. With these reduced monthly payments during this first year of the loan, commercial operators will have the available cash to operate while still building a fleet.

In addition to the adjusting payments, the Introductory Payment Plan offers a low interest rate on John Deere equipment.

"The 9.9-percent interest rate with this program offers small payments for the first year, encouraging our commercial customers to get out and increase their customer base," continued Davis. "And the rate is fixed, so it will remain the same until the transaction has been paid off."

For more information, visit www.JohnDeere.com.