🚛 Can You Get Horse Float Finance Without a Credit Check?
It’s possible, but most lenders will check your credit history before approving a loan. However, you may qualify for:
✅ No-credit-check loans from specialist lenders
✅ Secured loans, where the horse float or another asset reduces lender risk
✅ Guarantor loans, where someone with good credit co-signs the loan
✅ High-deposit loans, where a larger upfront payment improves approval chances
💡 Tip: No-credit-check loans often come with higher interest rates and stricter repayment terms.
🏦 How This Buyer Got Horse Float Finance Without a Credit Check
A 28-year-old rider had bad credit but still secured a horse float loan without a formal credit check. They got approved by:
| 🔑 Strategy | ✅ How It Helped |
|---|---|
| 📑 Choosing a secured loan | Used a car as collateral to reduce lender risk |
| 🚛 Providing a 30% deposit | Showed financial commitment, reducing lender concerns |
| 💰 Applying with a guarantor | A family member co-signed, improving approval chances |
| 📆 Using alternative lenders | Specialized lenders offered finance with different criteria |
💡 Tip: Some lenders use bank statement loans, where they check income and expenses instead of a credit score.
📋 Alternatives to No-Credit-Check Horse Float Loans
If your credit score is low, consider these alternative options:
| 🔑 Option | ✅ How It Helps |
|---|---|
| 📑 Secured Loan | Using the horse float as collateral lowers lender risk |
| 🚛 Guarantor Loan | A co-signer with good credit can improve approval chances |
| 💰 Low-Doc Loan | Ideal for self-employed buyers with strong income but no credit history |
| 📆 Buy Now, Pay Later Plans | Some dealerships offer in-house financing without credit checks |
💡 Tip: Improving your credit score before applying can increase loan approval chances and lower interest rates.
🏆 Best Loan Options for Borrowers with No Credit Check
Lenders offering no-credit-check loans typically require higher deposits or secured assets.
| 🔑 Loan Type | ✅ Best For | 📉 Interest Rate (Typical) |
|---|---|---|
| 🚛 Secured No-Credit-Check Loan | Borrowers with an asset for collateral | 10–20% p.a.* |
| 💰 Guarantor Loan | Applicants with a co-signer | 6–12% p.a.* |
| 📆 Low-Doc Loan | Self-employed borrowers | 7–15% p.a.* |
| 📉 Dealer Finance (Buy Now, Pay Later) | Buyers financing through a dealership | Varies |
💡 Tip: A secured loan usually offers better terms than an unsecured no-credit-check loan.
(*Rates vary based on lender and credit profile.)
💳 Why a Finance Broker Can Help with No-Credit-Check Loans
A finance broker can:
✅ Find specialist lenders that don’t rely on credit scores
✅ Compare secured vs unsecured options to get better rates
✅ Help set up a guarantor loan if needed
🔑 Final Thoughts
No-credit-check horse float finance is available, but it often comes with higher interest rates and stricter terms. Exploring secured loans, guarantor options, or dealership finance may improve approval chances.
🚀 Need horse float finance but worried about your credit? Get expert advice today!
DISCLAIMER
The information provided on this website is general in nature only and has been prepared without considering your financial needs, circumstances and objectives and should NOT be construed as financial, taxation or legal advice. For more information, get in touch with our experienced partner brokers today.
