New financing program treats advanced farm tires as long term infrastructure
Farmers are finding new ways to invest in modern equipment while managing rising costs. A new financing program now allows farmers to finance advanced airless tires as part of their irrigation systems, marking a major change in agricultural equipment funding.
Traditionally, tires are seen as wearable products and are not included in equipment financing. Under the new program, airless irrigation tires are recognized as long-term infrastructure rather than short-term consumables. This makes it easier for farmers to upgrade essential equipment without heavy upfront spending.
The program offers a five-year full buy-out financing option through approved dealers across major irrigation system networks in North America. Farmers can spread costs over time while continuing normal operations and maintaining cash flow.
“Farmers today are under real pressure, and we take that seriously. We spent a long time working to make this financing happen to give any farmer access to the best technology available,” said Chris Rice, Executive Vice President of Sales at Galileo Wheel.
“Now they can eliminate pivot downtime from day one, spread the investment over five years and get a first-in-the-industry 10-year warranty. The ROI is immediate — the cash outlay no longer has to be,” said Chris Rice.
This development comes at a critical time. Many farmers are under financial pressure and are seeking better financing tools to manage expenses. The agricultural equipment finance market continues to grow as farmers adopt advanced technologies to improve productivity and protect yields.
Airless tire technology has already shown strong field performance. Thousands of installations have demonstrated improved traction, reduced soil damage, and reliable operation with minimal maintenance issues. In many documented cases, farmers reported strong returns within the first season of use.
Although advanced technology often has higher initial costs, financing makes adoption easier. Monthly payments allow farmers to benefit from improved performance while paying overtime rather than all at once.
The program also offers the option to finance replacement tires, adding flexibility for irrigation operators. By reducing downtime, maintenance, and repair concerns, the financing model supports long-term planning and farm efficiency.
“Galileo’s Architected Wheel Solutions represent exactly the kind of long-term infrastructure investment that financing is designed for,” said Chris Halbur, Senior Vice President of DFS Finance. “This program gives dealers a powerful tool to close sales on high-value upgrades while giving farmers the flexibility to manage capital expenditure across multiple seasons.”
Overall, this new approach reflects a shift toward treating essential farm components as long-term investments. It provides farmers with practical financial tools while encouraging the adoption of durable and efficient agricultural technology.
Photo Credit: TrakWheel