Frequently Asked Questions

Q: What information will I need to submit to receive my loan?
A: Typically, because we work with a number of banks, Southeast can provide a lower rate than your own bank or others who do not do a high volume of loans for new and used recreational vehicles, trailers, haulers, motorcycles or boats. Call us toll free at 866- 952-9059 to get a current, ballpark rate quote or complete our online application to get an exact quote and credit decision, typically within 3 hours (during business hours).

Q. What are your loan terms
If you walk into your own bank and want to finance a recreational vehicle, trailer or hauler, usually, the maximum loan term you’ll be quoted is five years. Depending on the amount of money you need to finance, Southeast Financial can go up 180 months (60 for motorcycles)—to lower your monthly payments.

Q: What kind of credit do I need to meet your loan requirements?
A: You need a FICO/Beacon Credit Score of approximately 650 or above. You can check your current credit score with numerous online companies such as:
Equifax, MyFico.com, Experian, Credit Report.com, etc.

Q: What amount of money will you finance?
A: Southeast Financial will finance a minimum amount of $7500 (and $2500 for dealers), and the maximum, of course, would depend on your credit rating and overall financial situation. If you are interested in refinancing, the minimum loan balance that we will refinance is $35,000.

Q: How long does the process take to get a loan?
A: We pride ourselves in providing quick loan approvals (not just pre-approvals) in 3 hours or less during our normal business hours (8:30-5:00PM CST). Then the exchange of documents and other paperwork—including getting you your check typically takes about 5 business days--which can vary depending on how timely customers are in getting required all documents/information to Southeast. For more information, read Loan Steps.

Q: Once you’ve approved me for a loan, how long do I have to respond?
A: Your quote is good for 30 days.

Q: What information will I need to submit to receive my loan?
See our online loan application, and you will also need to provide the following information that would be typical in applying for any financing:

• title (copy of front and back)
• seller contact Information (name, address, phone #)
• lien pay-off (as applicable)
• copy of driver’s license
• copy of insurance binder
• other documents from Southeast Financial

Q: How secure is your online loan application process?
A: Very secure. Southeast Financial uses encryption for our online credit application form.

Q. Are there types of vehicles that you do not finance?
A: We specialize in financing a wide array of vehicles, trailers, haulers, motorcycles, and boats for personal and recreational use. We do not finance for commercial use.