Caravan Finance Canberra

Nestled in the heart of the bush, Canberra is the perfect location to begin exploring Australia’s wilderness by caravan. Make it happen with Credit One. 

Credit One are Australia’s leading broker – providing the caravan finance Canberra adventure-seeker’s trust. Whether it’s financing a new caravan, RV, motorhome, or a small trailer to hook on the back of your car, Credit One can make it happen. 

Credit One offers access to over forty of Australia’s top lenders to help you get the best caravan finance Canberra-wide. Not being bound to a single lender allows our customers to shop a more comprehensive selection of deals from financiers – some of which are not generally available to the public. Competitive financing rates and a team of brokers determined to find you the best offer is why Credit One is able to provide the leading brokerage and financial solutions for caravans in Canberra. 

Credit One boasts over 15 years of experience brokering recreational vehicle financing, and with over 1140 five-star Google reviews, you know you’ll be getting the best service. Fill out an online form for a no-obligation Caravan Finance Quote, or give us a call on 1300 CREDIT (1300 273 348) to speak with a broker today. 

Canberra Motorhome & Caravan Finance FAQ

How do I apply for caravan finance in Canberra?

Applying for our Canberra caravan finance will be the most straightforward part of getting your recreational vehicle. Simply fill out the contact form at the end of this page, or contact our team directly on 1300 272 348 to hear your options.

Wherever you call from, you’ll speak directly with an experienced broker. They’ll ask you a series of straightforward questions to build up your financial profile. Personal lending history and assets will influence the type of loan options available to you. The Credit One caravan finance Canberra experience will ensure that the longest part of the process will be picking out your favourite leisure vehicle.

Is it better to finance a caravan or purchase it outright?

There’s no correct answer to this question. Both options have their benefits and their shortcomings, and the most appropriate solution depends on your individual financial capabilities. We recommend you consult with an independent financial planner to determine which option may be best for your individual circumstances.

There are numerous benefits to financing a caravan rather than purchasing one outright. Our customers enjoy some of the following benefits by choosing our Credit One caravan finance Canberra:

1. Financing allows you to build an excellent credit history if you continue to complete the regular loan repayments on time. 
2. You’ll be able to drive your caravan away on holiday straight away. 
3. Opting to finance will not tie all your money into a single asset. Rather than the lump sum purchase, you will still have money free for other things like savings in case of an emergency.
4. You can consolidate any other debts into a single loan.

How long does it take to secure Canberra caravan finance?

The length of approval time for these loans differs between each case. We endeavour to get our customers a prompt brokerage solution to get you out on the road as soon as possible.

Our competitive lender options will be available for you to select from in the blink of an eye, without sacrificing any of our other world-class services. 

Why should I choose Credit One?

The team at Credit One is made up of brokers that understand the caravan market and are passionate about securing the best deals for our Canberra customers.

Your Credit One broker will discuss your loan options in-depth, whether it be for a secured or unsecured loan. You’ll have the freedom to select between the finance options that are most appropriate and appeal to you most.

At Credit One, our flexible, solutions-based approach is what makes us a customer favourite in Canberra and the ACT. We’ll get the right deal for your caravan, ensuring the process is as seamless as possible. This customer-centric focus is what has earned us Broker of the Year for three consecutive years by Eric Insurance.

Can I finance both used and new caravans?

Credit One has access to financiers that offer loans for both used and new caravans. When financing through a bank, this will often not be permitted. Credit One firmly believes that you should have access to the caravan of your dreams, whether it’s brand new or second hand. 

The age and condition of your caravan or camper trailer are central factors dictating the financing options that the lender will provide. Often the lender will only approve the loan in a period relative to the age of the caravan. New caravans will always have lower interest and more flexibility than second-hand options. 

How much can I borrow? 

The total amount you’re able to borrow will depend on a number of factors, including:

• The type of caravan or other types of recreational vehicle you are looking to use the loan on
• Your preferred length of loan repayment 
• Your personal financial circumstances

The Credit One brokers are able to offer low-interest rates that frequently outperform the banks, coupled with our financiers’ small initial establishment fees. Get in touch to find out more to get your quote from our caravan finance specialists through our easy, obligation-free Online Finance Applications!

What is the process to get a loan?

Once you have chosen your loan with your broker, we will guide you through the easy process of then securing the loan. It looks something like this: 

1. Provide documents that prove your financial position.
2. Your chosen application will be sent to the lender by the broker on your behalf.
3. The lender will conditionally approve the loan if the application meets their requirements.
4. Once approved, you can begin shopping for a leisure vehicle using the loan amount or finalise your caravan purchase if you already have something picked out.
5. Finally, you will begin with the first payment amount and commence the repayments at the frequency you selected until the total amount is paid off.

The total sum borrowed will have interest added onto the repayment amount and must be paid back in your chosen regular instalments, weekly, monthly, or yearly. For an estimate of your repayments, see our loan calculator.

How do you establish eligibility for caravan finance?

Our team of caravan and motorhome brokers will consider all aspects of your individual financial situation when assessing your eligibility. When you contact Credit One, you’ll have a detailed discussion to help our broker find the best loan options for you. We work with customers with all types of financial history, even those with low credit ratings.