My Financing USA, an RV financing company based in Kentucky, is extending a 216-month RV term on loans as low as $10,000.
The company said the offer is the first time it has offered a loan term so long on loans starting as low as $10,000.
CEO Thomas W Carrier said, “This new program is about breaking down barriers and making it easier than ever for individuals to embark on their next great adventure. By offering affordable financing options, we are empowering people to turn their dreams into reality, whether it’s cruising along the coastline or exploring the scenic landscapes of America.”
My Financing USA said the program could offer consumers monthly payments as low as $93 with an 8.99 annual percentage rate (APR).
My Financing USA’s dealer program offers loans to consumers with at least a 550 credit score for terms up to 240 months.
Loans must be at least $10,000 and can go as high as $1.5 million, including no high-end price limit on towables. Back-end allowances are available, depending on the RV’s value, and rates vary from 6.49% to 19.95%.
Interested dealers may email [email protected] for more about the program.
