Can You Get Horse Float Finance If You’re Buying for a Business? 🏢🐴

Updated 4 October 2025 · By the Finance the Ride team

🚛 Can You Get Horse Float Finance for Business Use? Yes! If you’re buying a horse float for business purposes, you may qualify for business finance options rather than a standard personal loan. This can be beneficial for: ✔️ Horse...

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🚛 Can You Get Horse Float Finance for Business Use?

Yes! If you’re buying a horse float for business purposes, you may qualify for business finance options rather than a standard personal loan. This can be beneficial for:

✔️ Horse transport companies
✔️ Riding schools and trainers
✔️ Equestrian event businesses
✔️ Stud farms and breeders

Business finance may also offer tax advantages, depending on how the loan is structured.

🏦 Business Finance vs. Personal Horse Float Loans

Here’s how business loans compare to personal horse float finance:

🔑 Factor	Business Loan	Personal Loan
💰 Loan Purpose	Business-related expenses	Private use only
📑 Tax Benefits	GST claims, interest deductions	No tax advantages
📆 Loan Type	Chattel mortgage, lease, or business loan	Secured or unsecured personal loan
🏦 Approval Criteria	ABN, business income, and financials	Personal credit score and income
🚛 Repayment Terms	More flexible for businesses	Fixed personal repayments

💡 Tip: If you’re a sole trader, a chattel mortgage may allow you to claim GST and depreciation benefits on the horse float.

📋 Best Business Loan Options for Horse Float Finance

Here are the best finance options for business-use horse floats:

🔑 Loan Type	How It Works	Best For
🏢 Chattel Mortgage	Business loan where you own the float upfront but use it as security	ABN holders looking for tax benefits
📉 Commercial Hire Purchase	Pay in installments and own the float at the end of the loan	Businesses needing flexible repayments
🚛 Equipment Loan	Loan specifically for purchasing work-related assets	Trainers, riding schools, and transport businesses
📆 Finance Lease	Lender owns the float, and you lease it with the option to buy	Businesses that want to avoid ownership responsibility

💡 Tip: A finance lease may be a good option if you plan to upgrade your horse float every few years.

🏆 Pros & Cons of Business Horse Float Finance

✅ Pros:
✔️ Potential tax benefits on GST, interest, and depreciation
✔️ More flexible repayment options than personal loans
✔️ Allows businesses to keep cash flow stable

⚠️ Cons:
❌ Requires an ABN and business financials
❌ May need a larger deposit than personal loans
❌ Tax benefits depend on business use percentage

💳 Why a Finance Broker Can Help with Business Horse Float Loans

A finance broker can:

✅ Find lenders offering business finance options for horse floats
✅ Structure a loan with tax benefits for ABN holders
✅ Compare different loan types (chattel mortgage, lease, hire purchase)

🔑 Final Thoughts

If you’re using your horse float for business purposes, a business loan or chattel mortgage may be a better option than a personal loan, offering tax benefits and flexible terms. A finance broker can help you explore options and secure a loan that aligns with your business needs.

🚀 Need business finance for a horse float? 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.

About this guide. Written by the Finance the Ride team and last updated 4 October 2025. It's general information for Australian borrowers, not financial advice, and doesn't take your circumstances into account. Finance the Ride is a referral service: we don't lend money or hold an Australian Credit Licence. About us