A Horse of a Different Color: Five Attributes of a Great Equine Loan
It’s not uncommon for borrowers to fall victim to the belief that the more unconventional the purchase they’re looking to make, the more they’ll have to settle for loan qualities they find less than desirable. The reality, however, is that if you have good to excellent credit, there are lending solutions you don’t need to compromise on. At LightStream, we believe that whether you’re financing something conventional like a new car, or something unique, like a horse, you should focus on the purchase, rather than its financing. Here are five loan qualities to look for if you’re in the market for equine financing:
Competitive Interest Rates:
Some lenders may try to convince you that in order to finance the purchase of a horse, you have to settle for a high interest rate. Don’t be fooled. There are low-interest loan options available to good to excellent credit borrowers. LightStream, for example, offers horse financing with fixed-interest rates as low as
* APR with AutoPay.
The Freedom to Choose:
Buying a horse can be more complex than buying a car. Expenses often extend beyond just the purchase price, and include things such as a trailer, medical check-ups, boarding fees, and transportation expenses. You need a lender that provides the freedom to cover those extra expenses with your equine loan. With LightStream, you’ll have that freedom. Our loan product is called the AnythingLoan because it can be used to finance nearly anything. The choice is yours.
Same-Day Funding That Puts You in Control:
If you endure a seemingly endless wait for your lender to review and approve your loan, and then another seemingly endless wait for them to actually fund the loan, you’re no longer in control of the process. You no longer control your purchase. Your lender does. For people with solid credit, that’s not acceptable. LightStream’s approved borrowers can have money deposited into the bank account of their choosing the very same day they apply for loan. †
We put control in your hands.
No Collateral Requirements:
This one’s simple. Borrowers with good to excellent credit should demand unsecured loans that empower them to own their purchases free and clear of liens against their assets. LightStream’s AnythingLoan, including its horse loans, are unsecured.
A Straightforward Borrowing Experience:
Regardless of what you’re financing, don’t settle for a stressful, hassle-filled process and cumbersome paperwork. With LightStream, borrowers enjoy a virtually paperless loan experience. Fill out your application online – it takes just a few minutes – and you’ll get a response within minutes during business hours. It’s that simple. We've turned an often painful process into a great loan experience, backed it with a $100 Loan Experience Guarantee
If you have additional questions about LightStream Horse Financing loans, please
read our LightStream Horse Financing FAQs.