A caravan sitting in storage over winter still holds value, and refinancing can release some of it without giving up next season.
Whole-of-market — 60+ lenders searched, including
Yes, where the van is owned outright and can be properly identified. The usual route is a sale and hire purchase back, with the funder buying the caravan and hiring it back to you while you continue to use it. The CRiS record is central here, since it establishes who the registered keeper is and whether anything is secured against the van. Refinancing a caravan used for family holidays is regulated consumer lending, with full affordability checks. A business refinancing a van used for site accommodation or rental is on unregulated terms.
Used kit: Yes — refinance concerns an asset you already own, and older vans qualify provided damp reports and CRiS records support a defensible value.
Get a quoteor call 07581 364281
Business asset finance is quoted on a flat rate, so that is what this shows — with the equivalent APR underneath, because the two are not the same number. A quick guide only; your actual rate depends on the asset, term, deposit and lender.
Representative example: on Hire Purchase, borrowing £25,000 over 48 months at a 6.0% flat rate (equivalent to 11.5% APR representative), you would repay around £646 a month; total amount repayable approximately £31,000, of which £6,000 is the cost of finance. This calculator is for illustration only — it is not a quote or an offer of finance, and the rate and repayments you are offered will depend on the asset, term, deposit and your circumstances. CW Asset Finance is a credit broker, not a lender, and may receive a commission from the lender that funds your agreement. All finance is subject to status, affordability and lender approval. CW Asset Finance is an Appointed Representative of Rural Finance Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 630701).
Identification is the first hurdle and it is more involved than with a road vehicle. Caravans have no V5C, so ownership is established through the CRiS record, the original purchase invoice and the chassis number stamped on the frame. Funders will not proceed where the CRiS keeper does not match the applicant. Valuation is on present condition, and because damp is the dominant risk a recent habitation report will usually be requested, particularly on older vans. The regulated distinction is important: raising money against a caravan used for private holidays is consumer lending, so the funder must hold the right permissions, must assess affordability properly and will ask what the money is for. A holiday park or rental operator refinancing a fleet van is on unregulated business terms with a wider panel and fewer procedural steps.
Examples of the machines we are asked to fund. This is not an exhaustive list — if what you are buying is not here, it does not mean we cannot fund it. Your supplier quote is what the agreement is written against.
| Machine | What it is |
|---|---|
| Bailey Phoenix+ 640 | Owned British touring caravan |
| Bailey Unicorn Cadiz | Owned twin axle touring caravan |
| Swift Sprite Major 4 SB | Owned entry level touring caravan |
| Swift Challenger 580 | Owned family touring caravan |
| Coachman Vision 545 | Owned British touring caravan |
| Coachman VIP 575 | Owned luxury touring caravan |
| Elddis Avante 860 | Owned family touring caravan |
| Elddis Affinity 550 | Owned lightweight touring caravan |
| Adria Adora 613 UT | Owned European touring caravan |
| Lunar Clubman SI | Owned British built caravan |
Get a quoteor call 07581 364281
Owners who bought outright at a show with savings and now want some of that money working elsewhere, often for home improvements or to cover a gap between jobs. Also park operators and rental businesses releasing value from fleet vans ahead of a season. The trigger is a need for capital combined with an unwillingness to give up the van itself.
Get a quoteor call 07581 364281
Bought on hire purchase, business plant and machinery normally qualifies for capital allowances on the full cost even though you pay for it monthly, which is a large part of why hire purchase is the common structure. On a finance lease you generally set the rentals against profit instead. The rules change between budgets and your position depends on how you trade, so treat this as the direction of travel and get your accountant to confirm the detail before you commit.
Through the CRiS record, which names the registered keeper, together with your original purchase invoice and the chassis number on the van. If the CRiS record was never transferred into your name when you bought it, sort that out before applying, because a mismatch will stop the application in its tracks.
Yes, and most refinanced vans are in storage when the application is made. The funder may want photographs or an inspection, so you will need access to it, and the storage yard will need to allow that. Where the van is under a seasonal pitch agreement, mention it, as it affects access arrangements.
All owners normally need to be party to the agreement, since the funder is buying the asset and needs good title from everyone with an interest in it. Where a van is owned with a family member who is not part of the application, that has to be resolved first. Raise it early rather than at signing.
On most older vans, yes. Damp determines value more than anything else, and a funder advancing money against the van needs confidence in the structure. A recent habitation service report often suffices. If the van has not been serviced for several seasons, arranging one before applying will make the process considerably smoother.
It can be where you want to keep the van and the sum needed is proportionate to its value. It is not a good idea where the van is worth little, where a sale would be simpler, or where the money is needed for something that ought to be addressed differently. We will say so plainly if that is the case.
Get a quoteor call 07581 364281
See everything we fund in caravan finance →
Not an offer of finance. All finance is subject to status, affordability and lender approval.
Tell us what you’re looking to fund and Conor will come back to you personally — usually the same day.
Prefer to talk? Call 07581 364281 · serving Leeds, York, Harrogate, Wakefield, Selby, Tadcaster & across North & West Yorkshire.