Posted 2009-06-20 7:24 PM (#106726) Subject: financing new trailer
Member
Posts: 6
Location: wantin to move west
Hey everyone. I've had the same trailer for about 15 years now and it was hit and totaled this past week (no horses in it thank God!). But I am now looking into buying a new trailer and was wondering how all of yall had your trailers financed. I'm not going to be getting a big fancy LQ trailer, likely a 6H Featherlite (my previous one lasted 15 years and I think they're a good trailer for the price). Back to the question though, for financing somewhere in the neighborhood of $20k where do you suggest, the only thing I know to do is go through my local bank. Any suggestions are appreciated.
Posted 2009-06-21 12:33 PM (#106744 - in reply to #106726) Subject: RE: financing new trailer
Regular
Posts: 70
Location: Temecula, CA
Horse Trailer Financing more complex then it was say a year or so ago due to the tighting of credit markets. Companies that used to provide this type of financing don't anymore and if they do, they require around 30% down with very unfavorable terms.
I would suggest that you consider South East Financial (866) 952-9059.... They are still currently Financing Horse Trailers at a competitive interest rates 7 1/2 %-8.1% as of last week and they only require 10% with good credit. Their terms depend on what type of unit you purchase, but I must say their tems are very fair.