🚛 Can You Finance a Horse Float with Living Quarters?
If you need a horse float with built-in living space, financing is available, but the process can differ from standard horse float loans. Because these models are larger, more expensive, and offer added features like kitchens, beds, and bathrooms, lenders may assess them more like caravans or motorhomes rather than standard floats.
Whether you’re purchasing a new or used model, understanding how lenders evaluate these floats will help you secure the best finance deal.
🏦 How Financing Works for Horse Floats with Living Quarters
Since these floats combine transport with accommodation, they often require larger loans and longer repayment terms compared to standard horse floats.
| 🔑 Factor | Standard Horse Float Finance | Horse Float with Living Quarters Finance |
|---|---|---|
| 💰 Loan Amount | Lower ($10,000 – $50,000) | Higher ($50,000 – $150,000+) |
| 📑 Loan Type | Secured or unsecured | Secured preferred due to higher value |
| 📆 Loan Terms | 1 – 7 years | 3 – 10 years (depending on loan size) |
| 🏦 Lender Requirements | Standard credit and income check | Stricter checks due to higher loan amount |
| 🚛 Usage Considerations | Primarily for transport | Includes accommodation, making it similar to caravan finance |
💡 Tip: Some lenders may categorize these floats as luxury or specialty vehicles, so comparing multiple finance options is key to securing the best rate.
📋 What You Need to Qualify for Horse Float with Living Quarters Finance
Because these floats are higher-value purchases, lenders may require:
✅ Good Credit Score – Higher scores improve approval chances and interest rates
✅ Stable Income – Proof of regular earnings to cover repayments
✅ Loan Security – A secured loan (using the float as collateral) may reduce rates
✅ Deposit (Optional) – A larger deposit can lower borrowing costs and improve loan terms
💡 Tip: If you plan to use the float for business or competitive events, you may qualify for commercial finance options that offer tax benefits.
💳 Why a Finance Broker Can Help with Horse Float Loans
A finance broker can:
✅ Find lenders that finance horse floats with living quarters
✅ Secure longer loan terms to make repayments more affordable
✅ Help structure loans that suit both personal and business use
🔑 Final Thoughts
Horse floats with living quarters offer convenience for traveling riders, trainers, and competitors, but financing them requires special consideration due to their high value and unique features. A finance broker can help you compare lenders and secure a loan with the best rates and repayment terms.
🚀 Need finance for a horse float with living quarters? Get pre-approved today and explore your options!
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.
