Tips on Financing a Private Sale Horse Float

Tips on Financing a Private Sale Horse Float

When it comes to buying a horse float, the choices can be overwhelming. Not only do you need to consider what type of horse float will be suitable to your needs, but you also need to consider where you’d like to purchase it from. Horse Float Dealers are a great option as you can talk to someone who’s passionate about their product and you’ll have background support after purchase, but for some people, buying privately is sometimes an easier option as the float is ready to pick up.

When buying a private sale horse float, you want to have your money ready to go, as a good float will not last on the market for long.  This is why iCREDIT Finance wanted to share their tips for financing a private sale horse float.

Horse Float Finance Tip One

One of the most important recommendations we can make, is if needing to finance the horse float is to organise pre-approval float finance.  When you have pre-approval on your horse float finance, you can stick to your budget and prepare yourself to negotiate with the seller.

Having a pre-approved loan will also help speed up the private sale process. If you’ve got your money ready to go, you won’t have to find a finance company, and then wait to get approval for your horse float finance. Being a lifestyle item, this can add some time to the processing of the loan application by lenders.

Horse Float Finance Tip Two

When you are looking for horse float finance make sure you use a finance company like iCREDIT, that can source loans specifically for horse floats. Most traditional Finance Companies or Banks don’t have loans specifically for horse floats and will generally only offer you a personal loan option.

Personal loans often come with restrictions and due to the risk associated with having no security, can have higher interest rates. When applying for secured horse float finance, you’re could end up saving yourself money.

Horse Float Finance Tip Three

Use a financial broker! A financial broker can help you find the best loan to suit your needs. Buying a horse float through a private sale means you need to do your research and constantly be checking the market for great offers. Your finance broker can guide you through the private sale conditions usually required by banks and also do background checks on the float so you are well protected from any potential fraud or monetary loss.

For more information on horse float finance, call iCREDIT. Our friendly and knowledgeable staff are happy to walk you through each step.

What Is a Soft Quote?

A soft quote is a simple, no-obligation way to explore your loan options without affecting your credit score.
When you request a soft quote, we assess your financial profile and give you an estimated rate, repayment amount, and loan term based on current lender options.

✔️ No credit file impact
✔️ No commitment required
✔️ Instant comparisons across multiple lenders

It’s ideal if you’re still shopping around or just want to understand what your repayments might look like.

 

What Is a Full Application?

A full application is the next step once you’re ready to proceed.
This involves submitting your information to the lender for a formal assessment. The lender then completes a credit check, verifies your documents, and provides a confirmed interest rate and loan offer.

✔️ Required for formal approval
✔️ Involves a credit check
✔️ Can lead to same-day approvals (depending on the lender)

What Affects Your Loan Rate?

Lenders consider several key factors when determining your personalised rate and terms. These include:

1. Your Profile

Credit history, employment stability, and income all play a major role in the rate offered. A clean credit file and steady employment can often lead to lower rates.

2. The Asset

The type, age, and condition of the asset (car, caravan, horse float, etc.) can influence risk and therefore the rate. Newer or higher-value assets often attract better rates.

3. Loan Term

Shorter terms generally mean less total interest paid, while longer terms may offer lower weekly repayments but higher total cost.

4. Fees

Every lender has their own structure for establishment, monthly, and exit fees. iCREDIT helps you compare these upfront so there are no surprises.

Why Compare with iCREDIT

At iCREDIT, we make finance simple and transparent. Our team compares a wide range of lenders, explaining your options clearly and helping you choose the best fit — without pressure or hidden costs.

  • Compare rates and lenders side-by-side

  • Understand your total loan cost upfront

  • Avoid unnecessary credit checks until you’re ready

Get Your Soft Quote Today

Take the first step with a soft quote and see what’s possible — all without impacting your credit score.

👉 Start your soft quote today