Caravan & RV loan

Other finance options

Make A Quick Enquiry

About set up finance

Caravan & RV loan

Other finance options

Make A Quick Enquiry

About set up finance

MAKE AN ENQUIRY

We won’t just get you a loan. We’ll get you the right loan.
Make and enquiry and we’ll see how we can help you today!

(An enquiry does NOT effect your credit score)

Our Process

Initial application

In our initial consultation, we ask for your residential status, credit history, employment and down payment amount to give you an idea of interest rates and repayments.

Pre-assessment

We conduct a pre-assessment before going to a lender to ensure the loan meets your requirements and that the application also meets the lender’s approval criteria.

Submit to lender

Once all information is submitted, we wait for the lender to provide the offer of financing (typically 2 business days).

Finance offer

We present you with your lending options and recommend the best deal for your needs.

What you will neeD

For pre-assessment

  • Residential status (mortgage holder/renting etc).
  • Employment status
  • Credit history (late paid loans, defaults, bankruptcies)
  • Approximate loan amount
  • Deposit amount

For lender assessment

  • Proof of income
  • Signed privacy consent form
  • Copy of your driver’s license

Quick ENQUIRY

Disclaimer
The repayment information produced by this calculator is to be used as a guide only. Any results produced are neither an offer of finance nor a legal guarantee. We (Set Up Finance) bear no responsibility for any losses incurred from the use of this information. Your official loan request is subject to assessment through standard lending criteria. This calculator has not accounted for additional fees set out by the lender or taxes such as GST.

FAQs

How do you Calculate Interest Rates?

Interest rates are generally set by the lenders but each lender may vary based on a number of factors including the credit profile of the borrower, the residential status, the type of loan required and the lenders’ appetite for risk.

Can I get Finance on a Caravan?

Finance for caravans is most certainly available and offered by many lenders, both mainstream and second-tier or sub-prime lenders.

What Kind of Loan do I need for a Caravan?

Loans for caravans and camper trailers fall under the category of asset lending. The great part of asset lending is that the loan is generally secured against the asset you are purchasing which makes the borrowing process simpler, plus it is seen as less risky to the lender.

How Long Can you FInance a Caravan For?

The term is completely at the discretion of the customer. Most lenders will offer loan terms ranging from 12 months to 7 years in duration with the flexibility to pay out the loan early if required.

Can you Get FInancing for a Used Caravan?

While lenders will generally offer finance on second-hand caravans and campers, some factors such as age of the asset may attract a higher interest rate and shorter term offered to the borrower.

How does FInance on a Caravan work?

You will be assigned a personal broker who will help you navigate the application process. Applying for finance is relatively painless and once your broker has the information they need from you, they will do the heavy lifting. The best part is, that the majority of the application is undertaken via email or through our website. Your broker will keep you up to date at every stage of the application and they are only a phone, email or text away if you have any questions.