Black Horse offers finance for new and used cars, caravans, motorhomes, motorbikes and scooters through its network of over 5000 dealers across the UK. They provides loans between £7,500 and £40,000, with a starting APR of just 7.8%. This rate is currently the lowest in the UK for this type of borrowing, and can be taken out over a term of 3 to 10 years.
Black Horse’s rates of motor loans and hire purchase products are considered cheaper than other auto finance brokers. Black Horse is part of the Lloyds Banking Group which has an impressive heritage, comprising of brands like Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.
Once you have applied and are approved for a loan, Black Horse gives customers the option to progress their application through the post or through one of their 56 branches. Black Horse Finance won “Best Innovation” at the Practical Caravan Tourer of the Year Awards 2017 and picked up its fifth award in just three months as “Finance Provider of the Year (Prime)” at the Car Dealer Power Awards in Portsmouth.
Most customers have given an ‘excellent’ rating to Black Horse on Trustpilot.com with an average score of 9.5/10.