Posted 2014-07-08 10:47 PM Subject: Financing for Horse Trailer
Expert
Posts: 2685
What companie(s) or banks do you recommend? I am in need of a small loan to purchase a horse trailer (5kish) I don't need a huge loan. Who have you guys used in the past with good results. I have average credit if that helps at all.
Posted 2014-07-08 11:35 PM Subject: RE: Financing for Horse Trailer
The Resident Destroyer of Liberal Logic
Location: PNW
With that size loan, I'd just see what my local bank/CU can do. We do all of our banking both personal and for our two companies with a credit union and they are far and away the lowest interest on loans, have the best service, and never treat us like just another account number.
Posted 2014-07-09 8:03 AM Subject: RE: Financing for Horse Trailer
Veteran
Posts: 275
We have financed two trailers through our credit union. With the last one, the trailer dealer said none of the big banks they finance with would have a rate so low. Love our little credit union!
Posted 2014-07-09 8:24 AM Subject: RE: Financing for Horse Trailer
Undercover Amish Mafia Member
Posts: 9991 Location: Kansas
Depending on the size of loan your wanting, go with a local bank or a credit union. Better rates, and easier to get a loan through compared to a larger institution
Posted 2014-07-09 3:25 PM Subject: RE: Financing for Horse Trailer
Toastest with the Mostest
Posts: 5712 Location: That part of Texas
I financed mine through my local bank with no problems. My credit is not as high as I'd like it to be but I've had numerous loans for vehicles and stuff over the past few years with this bank so my "credit" with them is excellent. I've found it definitely pays off to have that type of relationship with someone local so that you don't have the hassle of dealing with a large bank.