What is a caravan loan?
Caravan finance is a type of personal loan where money is raised in order to buy a caravan or motorhome, either new or used. Although it means you can fund a new vehicle as soon as the loan is approved, you should be certain you could afford monthly repayments before making an application. You’ll own your caravan or motorhome outright, but you will have to pay back the loan on a monthly basis.