Horsebox Finance Options for Private Individuals and Businesses
Partnering with First Equine Funding, we are able to offer multiple horsebox finance options in order to help you finance your horsebox purchase. With over 45 lenders to hand, it means that whatever your requirements, we can offer the right horsebox finance package that is individually tailored to your needs. Irrespective of credit or time trading, we can source the most competitive and flexible finance plan on the market.
Horsebox Funding Terms
2-10 years.
No deposit/low deposit terms.
Balloons of up 65% available.
Rates from 2.5% (subject to status).
New start business’ considered.
Tenants and weak credits considered.
Horsebox Finance, More information & enquiries
Please contact Amina Akram from First Equine Funding directly. Alice has been working in equine finance for over 6 years, and has a vast array of knowledge within the industry. Being a showjumper herself, she understands the horsebox industry and importance of having the finance term suited exactly to your needs.
Telephone: 01634 386869 / 07595 666488
Email: amina@firstequinefunding.co.uk
Lease Purchase
Lease Purchase Horsebox Finance is a more flexible form of purchase agreement and a popular choice of finance. The initial deposit can be structured to meet your requirements and budget, this can be from 0%, right up to 90%. Typically, people place the Vat down and finance the balance. Part exchanges are also welcome, as this will help to increase your deposit amount and thus lower the monthly payment. Once the initial term has finished, a final balloon payment is due. This is factored upfront to help lower your monthly payments. This is based on the future value of the horsebox. Horseboxes value extremely well, so you will always remain in positive equity.
How it Works…
The deposit, term and interest rate is agreed upfront. The documents are signed and the agreement starts, where your monthly payments begin.
At the end of the agreement, when the balloon is due you have 3 options:
1. Pay the lump sum and own the horsebox.
2. Refinance the balloon (fund the sum over 2-10 years).
3. Sell the horsebox and this will pay off the balloon (any difference is yours to keep).
First Business Finance
Telephone Alice Thomason: 01634 386869 / 07595 666488
Hire Purchase
Hire Purchase Horsebox Finance is a simple way of financing that gives you the certainty of a fixed interest rate, and fixed monthly payments throughout the agreement. The VAT must be paid upfront, plus any more deposit you wish. If you are a business, you can of course claim this back. The initial deposit and repayment period can be structured to help meet your budget and the length of time you expect to keep the horsebox.
How it Works…
The deposit, term and interest rate is agreed upfront. The documents are signed and the agreement starts, where your monthly payments begin.
At the end of the agreement, the horsebox is yours. You can settle at any time without penalty, but where the term is fixed, the balance must be settled in full.
First Business Finance
Telephone Alice Thomason: 01634 386869 / 07595 666488
