To be able to make an informed decision on your finance purchase, we believe transparency is the key so we’ve provided some answers to some of the most frequently asked questions.
Yes, we provide customers with a wide range of lenders and loan products to choose from and have helped customers find horse float finance who have been discharged bankrupt, have defaults or your bank has simply said ‘No’
We provide horse float financing options for:
New Horse Floats
Used Horse Floats
Hybrid Horse Trailers
Centrelink Income Recipients
Simple answer is ‘Yes’
We can provide horse trailer financing options for ABN holders, whether you are starting a new business venture, sole trader, trust, partnership, sub contractor or a Company.
We provide a range of lenders and loan products for you to choose from and provide transparent results helping you choose a loan suitable to your business needs.
If you’re unsure on what car loan product will be suitable for you, please contact us on 1300 350 118
Yes, if you happen to find a horse float on Marketplace, a classifieds website or are buying from a friend, we can source a suitable loan for your budget and lifestyle. Our private sale horse float process also completes the necessary background checks to verify horse float ownership, whether the float is secured by finance, stolen or a repairable write off.
If you’ve haven’t picked up the phone and compared your current bank loan approval, then it may cost you more than you think.
We welcome phone calls to discuss your current loan answer and usage requirements.
As we are mindful of making unnecessary credit enquiries on credit files, we will only gather information from you if we believe we can achieve a better answer.
With the introduction of the comprehensive credit reporting system, we are mindful of protecting our clients credit file and rating.
If you have been declined by your bank or broker, we have a range of lenders and loan products available that may be able to provide a suitable answer.
We recommend you discuss your circumstances with us prior to submitting a loan application.
We have helped many Australian’s re-establish their credit rating.
We may need to gain some additional information to assist with your horse float loan application and will work with lenders to find the best answer possible.
Yes, it is possible to obtain a pre-purchase horse float loan approval, subject to the lenders criteria.
A pre-purchase approval will allow you to budget more efficiently for your new purchase and will also give you the confidence of deciding on a purchase should you find a bargain.
Lenders will generally accept weekly, fortnightly or monthly repayments and can be organised with the lender at settlement of the loan.
Most lenders welcome additional repayments, however you need to check your horse float loan contract to make sure there is a benefit to you.
Your iCREDIT finance consultant will be able to provide the necessary information including pros and cons regarding specific loans.
Lenders will require the following to be able to assist with processing loan applications:
Proof Of Income –
- Last 2 payslips /or 3 months bank statements and a Letter of Employment.
- Tax Returns /or BAS and 3 months Bank Statements if Self Employed.
ID Documents –
- Driver’s Licence /or Passport /or Proof of Age Card
- Medicare Card /or Birth Certificate /or Utility Bill /or ATO Notice
Most lenders will allow you to pay out the loan early, however some may have break costs associated with finalising the loan.
You can choose to have a horse float loan between 1 year to 7 years, depending on your affordability. Some loans will also offer balloon or residual payments at the end of the loan term.
We can help structure a loan to suit your needs and budget.
The PPSR is a national register of security interests held over property.
It allows banks and financiers register an interest over goods being financed. The PPSR will provide information to buyers and other parties of any security held over personal property.
If purchasing a horse float using the secured loan option, banks and financiers will require you to have the goods comprehensively insured throughout the loan term.
You will need to make sure your insurance company also notes the financier on the insurance policy as an interested party.
Your iCREDIT consultant can assist you in finding suitable insurance for your purchase.
A balloon payment is a percentage of the loan amount you can set aside for as a last payment. You can nominate the balloon / residual amount from 10% – 50% of the total loan.