🚛 Can You Finance an Off-Road Horse Float?
If you need a rugged, off-road horse float that can handle tough terrains, you might be wondering if it’s harder to get finance for these models. Fortunately, lenders offer horse float loans for off-road and 4x4-compatible floats, but there are a few key differences to consider.
Since off-road horse floats often have reinforced chassis, upgraded suspension, and all-terrain tires, they can be more expensive than standard models. As a result, you may need a larger loan or a longer repayment term to make financing affordable.
🏦 How Financing Differs for Off-Road Horse Floats
Here’s how off-road horse float finance compares to standard horse float loans:
| 🔑 Factor | Standard Horse Float Finance | Off-Road Horse Float Finance |
|---|---|---|
| 💰 Loan Amount | Lower ($10,000 – $50,000) | Higher ($30,000 – $100,000+) |
| 📑 Loan Type | Secured or unsecured | Secured preferred due to higher cost |
| 🏦 Interest Rates | Typically lower due to lower loan amounts | May be slightly higher due to larger loan amounts |
| 📆 Loan Terms | 1 – 7 years | 3 – 10 years (depending on loan size) |
| 🚛 Usage Considerations | Regular road use | Designed for rough terrain and off-road access |
💡 Tip: If your off-road horse float is custom-built, you may need specialized finance options that cover modifications.
📋 What Lenders Look for When Financing an Off-Road Horse Float
Since off-road models are built for more intense usage, lenders may assess:
✅ Loan security – Secured loans may offer lower interest rates
✅ Float specifications – Some lenders may finance new models only
✅ Usage type – Business or personal use may impact eligibility
✅ Your credit score and income – Determines approval odds and interest rates
💡 Tip: If you plan to use the horse float for farm or business purposes, you may qualify for business finance options like a chattel mortgage.
💳 Why a Finance Broker Can Help with Off-Road Horse Float Loans
A finance broker can:
✅ Find lenders that finance off-road horse floats
✅ Secure the best rates for high-value floats
✅ Help structure a loan with affordable repayments
🔑 Final Thoughts
If you need a tough, off-road horse float, financing is available, but you may need to borrow more and choose a secured loan to get the best deal. A finance broker can help compare lenders and secure a loan that fits your budget and needs.
🚀 Need finance for an off-road horse float? Get pre-approved today and start your adventure!
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.
