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financing new trailer

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by*barrelracin
Reg. Sep 2007
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.
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retento
Reg. Aug 2004
Posted 2009-06-21 3:30 AM (#106732 - in reply to #106726)
Subject: RE: financing new trailer


Expert


Posts: 3802
20001000500100100100
Location: Rocky Mount N.C.

Some past threads on "borrowing money", new and used trailers.....

http://www.horsetrailerworld.com/forum/thread-view.asp?threadid=9748

http://www.horsetrailerworld.com/forum/thread-view.asp?threadid=11646

http://www.horsetrailerworld.com/forum/thread-view.asp?threadid=11524

http://www.horsetrailerworld.com/forum/thread-view.asp?threadid=11464

http://www.horsetrailerworld.com/forum/thread-view.asp?threadid=11254

http://www.horsetrailerworld.com/forum/thread-view.asp?threadid=11286

http://www.horsetrailerworld.com/forum/thread-view.asp?threadid=10164

 

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MSM
Reg. Jun 2009
Posted 2009-06-21 12:33 PM (#106744 - in reply to #106726)
Subject: RE: financing new trailer


Regular


Posts: 70
2525
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.

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