Australia is a country that loves its horses. Not only were there around 400,000 people who owned domestic horses here as of 2015, but one out of 191 people, or more than 140,000, owns a share in a race horse. Of course, when you need to move your horses around, they can’t just fit in the back of your car. That’s why many owners need a horse float, which often aren’t cheap.
Whether you’re buying a brand-new gooseneck or a used horse truck, and whether you’re buying for your pet horse or your business, there’s a range of horse float finance options to choose from.
Why should I consider a loan to help me finance my horse float?
There are several key benefits of financing your horse float with a loan, such as:
- Buying your horse float with no money down: although you can choose to pay an upfront deposit, doing so usually isn’t required. This means you can keep your savings intact.
- Paying it off at your own speed: you’ll select your preferred repayment term for the loan, which can be between one and seven years (though five is the most common). This allows you to chip away at your loan as quickly or slowly as you like.
- Having the choice between secured and unsecured loans: secured horse float finance uses the float itself as collateral, which could lower your interest rate and increase your borrowing power. Unsecured finance, on the other hand, means you can buy any float you like, regardless of age or condition, and potentially use your funds for non-float expenses as well.
- Bringing more expensive floats within reach: if you have $25,000 in savings but want to buy a $40,000 horse trailer, a loan allows you to buy it when you otherwise couldn’t.
There are relevant things to consider before you apply, though. For one, taking out a loan means you’ll have to pay interest, which could be thousands of dollars or more, and fees on top of the purchase price.
Why apply for a leisure loan with Savvy?
What types of horse floats can I finance?
You can finance a wide range of horse floats, including:
- Angle load floats
- Straight load floats
- Gooseneck trailers
- Horse trucks
- Stock trailers
How much will my horse float finance deal cost?
The cost of your horse trailer loan is calculated based on multiple variables. The main factors determining what you’ll pay overall are:
- Interest rate: the higher your rate, the more you’ll pay in interest overall.
- Fees: things like establishment and ongoing account fees can add hundreds to your loan deal, if not more.
- Loan amount: interest is calculated based on your balance, so you’ll pay more for borrowing more.
- Loan term: longer loan terms generally result in higher interest bills, as your loan balance will stay higher for longer.
- Type of loan: as mentioned, secured loans are generally cheaper than unsecured loans.
Case study: comparing horse float finance interest rates
Rachael needs to buy a new float for her three horses, as it’s outgrown her current one. She settles on the 3HAL Classic from Imperial Floats, which is priced at $24,590, so she starts looking around for the best loan to match. With a range of different interest rates, she decides to crunch the numbers and see how much she’d be paying each month and overall with a five-year term:
Imperial Floats 3HAL Classic ($24,590)
| Lender | Interest rate | Monthly repayment | Overall interest |
|---|---|---|---|
| Lender A | 8.50% p.a. | $505 | $5,680 |
| Lender B | 9.75% p.a. | $519 | $6,577 |
| Lender C | 12.00% p.a. | $547 | $8,229 |
|
Lender A Lender B Lender C |
|
8.50% p.a. 9.75% p.a. 12.00% p.a. |
|
$505 $519 $547 |
|
$5,680 $6,577 $8,229 |
Horse float price obtained from Imperial Floats on 1 October 2025. Interest rates and calculations are for illustrative purposes only and do not necessarily reflect the rates you may be offered on your loan deal.
Horse float finance calculator
Your estimated repayments
$98.62
| Total interest paid: | Total amount to pay: |
| $1233.43 | $5,143.99 |
How to apply for horse float finance with Savvy
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Fill out our online form
Complete the form, sharing details about yourself and the loan you want.
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Send through your documents
Provide any necessary documents required for us to verify your profile.
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Chat to your broker
We’ll give you a call to discuss the horse float finance options on offer.
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Application prepped and submitted
Your broker will prepare your application for formal submission.
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Approved, signed and settled
Once approved, sign the final docs and settle the loan. The float is now yours!
