Pre Approval Horse Float Loans

A horse float loan pre-approval is an approval offered by the bank or lender to provide you your applied amount. The approval is based on information provided at the time of application and approximate horse float details you may be looking at (ie: year, make, model) The lender will settle and release the funds to either you or the seller when you have found a horse float that’s suitable to your needs and the lenders guidelines.

Factors that need to be taken into consideration are the lender may withdraw their approval if your financial circumstances change between the time you receive pre-approval and purchasing the horse float.

It’s recommended that you don’t apply for any further credit, change jobs or incur any defaults or marks on your credit file during this time.

The benefits of obtaining a pre-approval for a horse float loan are numerous. Firstly, it provides a clear understanding of the your budget, enabling you to search for horse floats within your price range. It also helps borrowers negotiate with confidence, as sellers often prioritize buyers who have pre-approved financing.

Additionally, pre-approval streamlines the loan application process once the borrower finds the desired horse float. Since the financial evaluation has already been conducted, the lender can finalize the loan more quickly, reducing the waiting time for loan approval and enabling the borrower to proceed with the purchase smoothly.

Horse Float loan pre-approvals are available for both dealership sales and private sales including classified websites and social media marketplace.

Each lender has their own credit guidelines with horse floats as these assets are generally considered a ‘want’ or luxury item so assess each application on whether they will be suitable for they’re financing. At iCREDIT, your personal finance consultant is experienced with horse float, gooseneck and stock trailer loans and can offer guidance on who can assist you with this.

At iCREDIT, we utilize our expertise and network of lenders to assist borrowers in securing competitive interest rates that suit their specific financial situation.

When applying through iCREDIT, you are assigned a personal broker who will work with you to find a lender who can offer the best interest rate based on your situation. Here’s how iCREDIT helps you find the best interest rate:

1. Extensive Lender Network: iCREDIT has established relationships with a wide range of lenders, including banks, credit unions, and private lenders. This network allows them to access multiple loan options and compare interest rates from different lenders.
2. Personalized Assessment: iCREDIT takes the time to understand your financial needs, goals, and credit history. By conducting a thorough assessment of your circumstances, they can identify the lenders and loan products that are most suitable for you.
3. Rate Comparison: Once they have gathered your information and requirements, iCREDIT uses their expertise to compare interest rates from various lenders. They analyze the loan terms, repayment options, and any additional fees associated with each loan, enabling them to provide you with a clear comparison of the available options.
4. Negotiation: iCREDIT has experience in negotiating with lenders on behalf of their clients. They aim to secure the most favorable interest rates and loan terms by leveraging their relationships with lenders and advocating for your best interests.
5. Industry Knowledge: iCREDIT stays up to date with the current market trends, changes in interest rates, and lending regulations. Their industry knowledge allows them to provide you with informed advice and recommendations regarding the best loan options available.
6. Support throughout the Process: iCREDIT guides you through the entire loan application process, from initial assessment to loan approval. They assist with paperwork, documentation, and liaising with lenders on your behalf, ensuring a smooth and efficient experience.

There is no obligation to proceed with the loan, even if you have a pre-approved horse float loan. If you cannot find a float that’s suitable to your needs or simply want to put the loan on hold for a while, we can archive your application until a later date at no cost to you.

Archiving the loan is the simplest way to restart at a later date as you simply need to provide less information the second time round.

Why Choose Us?

Choosing Horse Float Trailer finance is not as daunting as it could be when you have iCREDIT in your corner. Whatever your requirements and whatever your financial situation, we’re on your side. We’re backed by national buying power, which means that we’re in the best position possible to negotiate better, more affordable finance rates for you. Going through us is simpler, more affordable and more rewarding than going to banks directly for financing.

Whether you’re buying a new or used horse float or gooseneck, have your eye on a private sale, stock trailer or just need someone to give you a go with second chance float finance; Make the smart choice by talking to one of our dedicated finance consultants today and you’ll be well on your way to securing equine transport to suit your fur friends. We do all the heavy lifting for you, as at iCREDIT, we’re your one-stop equine financing solution.

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