Horse Float Finance

Common Questions about Horse Float Finance

• Can I get finance for a second-hand horse float or one bought from a private seller?

  Yes, we offer finance for both second-hand horse floats and those purchased through a private sale. We’ll handle additional checks, such as verifying ownership and the float’s condition, to ensure a smooth and secure transaction.

• How much deposit will I need to finance a horse float?

  Deposit requirements vary by lender. Some lenders may require a deposit of 10-20% of the float’s value, while others may offer 100% finance with no deposit needed. We’ll help you explore your options to find a solution that works best for your budget.

• Are there specific loans for horse floats, or do they fall under general vehicle finance?

  Horse floats often fall under specialised asset finance or vehicle finance. As horse float finance specialists, we have access to lenders who understand the unique needs of horse owners and offer tailored finance options specifically for horse floats.

• Can I include modifications, like living quarters or extra storage, in my loan?

  Yes, many lenders allow you to include the cost of modifications, such as living quarters, additional storage, or customised fittings, especially with secured horse float loans. Let us know your requirements, and we’ll help structure a loan to cover everything you need for your perfect horse float.

• Does the type or size of the horse float, like a gooseneck or 2-horse float, affect my loan options?

  The type or size of the horse float can influence your loan options. Larger or more specialised floats, like goosenecks, may have higher purchase prices, which can impact the terms of your loan. Our team will work with you to secure finance tailored to your specific float type and requirements.

• What documents do I need to apply for horse float finance?

  To apply for horse float finance, you’ll typically need:
  
  

  • Proof of identity (e.g., driver’s licence or passport)
  • Proof of income (e.g., payslips or tax returns)
  • Details of the horse float (e.g., make, model, and price)
  • Bank statements and details of any existing loans

  
  We’ll guide you through the process and ensure you have everything needed for a quick approval.

• Can I finance add-ons like portable yards, tack storage, or towing equipment?

  Yes, you can include the cost of add-ons like portable yards, tack storage, or towing equipment in your loan. We’ll help you bundle these additional items into a single finance package to make the process easier.

• What happens if I can’t make repayments on my horse float loan?

  If you’re struggling to make repayments, it’s important to contact your lender as soon as possible. Many lenders can offer temporary adjustments or hardship arrangements to help you manage your loan during challenging times. Ignoring repayment issues could result in additional fees, impact your credit score, or even lead to your float being repossessed.

• How long does it take to get approved for horse float finance?

  Approval times typically range from 24 to 48 hours, provided all required documents are submitted. Our team works hard to ensure a fast and seamless approval process, so you can get your horse float sooner.

• Can I upgrade to a larger horse float before paying off my current loan?

  Yes, upgrading to a larger horse float is possible. You can trade in your current float and use the proceeds to pay off the remaining loan balance or refinance your existing loan into a new one. We’ll help you explore the best options for upgrading without hassle.