CARAVAN AND RV FINANCE - Introduction
CM Financial offer a complete range of Caravan and RV Finance and RV and Caravan loans for individuals, from a wide range of lenders.
Our specialist Caravan and RV consultants will examine all your finance options – Secured and Unsecured Caravan and RV Loans and Finance – and tailor the right solution for you.
A Consumer Caravan and RV Loan or RV and Caravan Finance is a personal finance product where the financier lends the customer funds for the purchase of a Caravan or RV, and secures the loan against that vehicle.
A Caravan Loan or RV Finance is also known as a Consumer Loan or a Secured Loan.
How does a Caravan and RV Loan work?
With a secured or consumer Caravan Loan or RV Finance ,the funder or financier advances funds to the customer to purchase the goods. This is paid direcltry to the Vendor of the goods on settlement of the loan or finance
The customer takes ownership of the vehicle at the time of purchase, and the financier takes an interest in the vehicle as security for the loan, usually called and encumberance.
At the end of the loan, the financier or funder removes the encumberance on the goods, giving the customer clear title.
What are the beneifits of a Caravan Loan or RV Finance?
• Flexible contract terms ranging from 24 to 84 months (two to seven years)
• Fixed monthly paymnet
• Cash or Trade in vehicle can be used to lower the repayments
• Secured Loan so Lower interest rate that an Unsecured Personal Loan
Who does a Caravan or RV Loan suit?
A Caravan or RV Loan or RV Finance is suitable for any individuals wishing to purchase a new or used Caravan or RV, and intend to use the goods for private use, not business.
CM Financial are always on hand to answer your questions. If you would like to know more about a Caravan Finance and RV Loans, please complete our online enquiry form, request a call back and a consultant will call you back at a convenient time.
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