Stratton Finance caravan loan review
Receive funding from $10,000 to $200,000 for a range of leisure vehicles with a caravan loan from Stratton Finance.
Stratton Finance is an Aussie finance broker specialising in vehicle finance. Stratton helps customers to secure a competitive rate on caravan and leisure vehicle loans. Stratton's fixed rate loans are available from 5.49% p.a. (comparison rate 7.22% p.a.).
The rate you are offered will depend heavily on your individual circumstances, such as your credit rating and income.
Three things you should know about this loan:
- Personalised interest rate
- Loans available from $10,000 to $200,000
- Available for purchase on a range of marine vehicles
From 5.49% (fixed)
Interest Rate (p.a.)
Comparison Rate (p.a.)
Max Loan Amount
Main points to consider with a Stratton Finance Caravan Loan
It's important to note that Stratton Finance is a broker, not a lender. This means that it does not provide loans itself, but instead gives borrowers access to a range of lenders to which you can apply for finance. Terms and conditions for caravan loans will vary depending on the lender that you opt for.
The minimum rate for a leisure vehicle loan is 5.49% p.a. (comparison rate 7.22% p.a.) and the maximum rate is 9.69% p.a. (comparison rate 12.41% p.a.). Loans are available from $10,000 to $200,000 on terms from 1 to 5 years. With this loan, you can purchase:
- Camper trailers
- ATV/Scooters/Golf Carts
- Dirt Bikes
With a caravan loan through Stratton Finance, you have the option of a personal or a consumer loan. There are also various options available if you are buying a caravan for business purposes.
Features of a caravan loan from Stratton Finance
- Range of lender options. Stratton works with a range of caravan loan brands to offer a competitive range of products.
- Dedicated consultant. Stratton will appoint a personal broker to help find the loan that suits your situation.
- Loan term. This loan is available on terms from 1 to 5 years.
- Loan amount. You can apply for a loan from $10,000 to $200,000
- Fixed repayment schedule. A fixed rate and fixed repayment schedule offers you the certainty of knowing how much your repayments will be each month.
- Balloon payment option. You could have the option of keeping your repayments lower by opting for a balloon payment at the end of the loan term. This will depend on the lender.
- Loan security. There are both secured and unsecured loan options. This too will depend on the lender.
- Various loan options for caravans. For caravan loans, you can choose either a personal loan or a consumer loan (secured) for caravans for personal use. There are also options for buying for commercial use.
- Monthly repayments. Your repayments are made on a monthly schedule.
- Early repayment option. You may be able to pay off your loan early without penalty, depending on the lender you opt for.
- Potential tax deduction. If you are buying a caravan for business purposes, you may be able to get a tax deduction. Simply let Stratton Finance know that you intend to use the vehicle for business and they'll take you through the process.
- Full online quote and approval. You can easily and conveniently submit your application form online to see if you've been approved and then receive a quote.
Fees and charges
- Interest rate. Rates for caravan loans range from 5.49% p.a. to 9.69% p.a.
- Comparison rate. Comparison rates for caravan loans range from 7.22% p.a. to 12.41% p.a.
- Application Fee. $700
- Service Fee. A monthly fee of $8.90 applies to this loan.
How to apply
To apply for a leisure vehicle or caravan loan with Stratton finance, simply click "Go to site" to be taken to the lender's website directly, where you can submit a loan application. Applications are entirely online.
To apply you must be:
- Aged 18 or over
- An Australian citizen or permanent resident
Other criteria, as well as various other terms and conditions, will depend on the lender that you opt for. While this is a competitive loan product, it's also a good idea to compare your options for caravan loans, prior to submitting a loan application.
Other loans available from Stratton Finance
Car Loan OffersImportant Information*
You'll receive a fixed rate of 4.88% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.
You'll receive a fixed rate of 4.69% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.
You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.
You'll receive a fixed rate of 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.