🚛 Can You Finance a Horse Float with Living Quarters?
Yes! Horse floats with built-in accommodation are becoming more popular for competitive riders, trainers, and long-distance transport. These floats include sleeping areas, kitchens, bathrooms, and extra storage, making them more expensive than standard floats.
Because of their higher value and dual purpose (transport + accommodation), lenders may assess them differently than regular horse floats. Some may categorize them like caravans or RVs, which can impact loan options.
🏦 How Financing Works for Horse Floats with Living Quarters
Since these floats combine vehicle and living features, they often require larger loans and specific loan structures.
| 🔑 Factor | Standard Horse Float Finance | Horse Float with Living Quarters Finance |
|---|---|---|
| 💰 Loan Amount | $10,000 – $50,000 | $50,000 – $150,000+ |
| 📑 Loan Type | Secured or unsecured | Secured preferred due to high value |
| 📆 Loan Terms | 1 – 7 years | 3 – 10 years |
| 🏦 Lender Considerations | Basic transport finance | May be considered caravan or motorhome finance |
| 🚛 Business Use Eligibility | Limited | May qualify for business finance options |
💡 Tip: Some lenders may require an inspection or valuation before approving finance for a custom-built horse float with living quarters.
📋 What Lenders Look for in a Loan Application
Because living quarters increase the value and complexity of the float, lenders assess:
✅ Loan Security – Secured loans (using the float as collateral) increase approval chances
✅ Float Age & Condition – New or well-maintained models are easier to finance
✅ Usage Type – Business or private use can impact loan structure
✅ Income & Credit Score – Determines approval odds and loan terms
💡 Tip: If you’re using the float for equestrian business, you may qualify for a chattel mortgage or business finance with tax benefits.
🏆 Pros & Cons of Financing a Horse Float with Living Quarters
✅ Pros:
✔️ Spread the cost over time instead of paying upfront
✔️ Lower interest rates with a secured loan
✔️ Access to high-end or custom-built models
⚠️ Cons:
❌ Larger loan amounts require strong financial approval
❌ Some lenders may have special loan conditions
❌ Higher insurance costs due to additional features
💳 Why a Finance Broker Can Help with Living Quarters Horse Float Loans
A finance broker can:
✅ Find lenders that specialize in financing high-value horse floats
✅ Secure longer repayment terms to keep costs manageable
✅ Help structure a loan for personal or business use
🔑 Final Thoughts
If you need a horse float with living quarters, financing is available, but you may need a larger loan with specialized lender options. A finance broker can help you compare lenders and secure the best loan for your budget and needs.
🚀 Need finance for a horse float with living quarters? Get pre-approved 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.
