Many dealerships and most banks are set up primarily to finance auto loans with maximum terms of only 5 to 7 years. These same terms can often apply even if you are financing an expensive RV, boat, tow vehicle, or trailer. This can create an extremely high monthly payment. This is where Cross Country Capital’s expertise can help. We are set up with lenders who finance all types of high-end vehicles every day. In order to create affordable payments, financing with terms from 10 – 20 years are needed. These extended terms and competitive rates can make the vehicle of your dreams an affordable reality.

What types of vehicles are eligible for financing & refinancing through Cross Country Capital?

RECREATIONAL VEHICLES		Nearly all RVs, including new and used Motor Homes, Diesel Pushers, Travel Trailers, 5th Wheels, Toy Haulers, and Van Conversions
BOATS		Power Boats, Cruisers, Sailboats, and Yachts
TRAILERS		Horse Trailers, Motor Sports Trailers, Living Quarter Trailers
TOW VEHICLES		Sport Chassis by Freightliner, ToterHomes, and MotorHomes with Garages

I'm not comfortable applying for credit online. Is there another way I can apply for pre-approved credit?
Yes. You can download the credit application in PDF format, print it, complete it, and send it to Cross Country Capital via fax at 888-792-3790 or mail it to Cross Country Capital. You will need the free Adobe Acrobat plug-in to view and print this document.
How secure is my information for the Loan Application?
As a financial services company, Cross Country Capital’s initial priority is to protect your information. We have adopted technology and security standards widely used throughout the online banking industry. When you submit your credit application, your data is encrypted for further security. Please read our Privacy Policy for more information.
If I Apply For Credit, am I obligated to use Cross Country Capital for my financing?
No. The Online Application is a tool to help you in your vehicle-shopping process. You are not obligated to use Cross Country Capital as your financing source. Although, feedback as to why you have chosen another source would be greatly appreciated.
What is the least and most amount you will finance?
Our minimum loan amount is $10,000. There is no maximum.
What are the current interest rates?
This is one of the most popular and logical questions asked. Interest rates are calculated based on several factors, including the loan amount, loan term, down payment, year of vehicle being financed, and the applicants’ credit history. Due to bank rate fluctuations, our rates are subject to change, however we always strive to be the most competitive in the industry. Cross Country Capital is dedicated to finding each applicant the best possible rate, and tailoring the loan to meet their individual needs.
Since interest rates vary based on so many different factors, we recommend that you call our experienced staff to receive a personalized rate quote to obtain the very latest rate information for your particular finance or refinancing needs.
What is the term (length of loan), and, can I re-pay the loan early?
The term of the loan depends on the type and year of vehicle being financed, on the loan amount, and down payment. The average term ranges from 10-20 years. In almost all cases, you can pre-pay the loan with no penalty, or, refinance the loan at a latter date.
How much of a down payment do I need?
It depends on the same factors that affect your rate and term. Our goal is to provide the lowest rate, the longest term, with the least amount down. Call today for a personalized quote from a Cross Country Capital representative.
Is this a "simple interest loan"?
Yes, the majority of the loans we write are simple interest. The Cross Country Staff can accommodate your specific needs. Call for personalized information.
Must I have perfect credit?
No! There are several lending sources that specialize in "less-than-perfect" credit histories, focusing solely on your ability to pay the loan. We will not reject your application based on past credit problems.
Can I obtain "Pre-Approval"?
Absolutely. Some people want to know what they qualify for before they actually shop or, they want to make sure they can buy before they make a commitment to the dealer or individual. Just complete the credit application to begin the process now. If you prefer to apply by mail, print out the form and complete the application and mail it to us.
How much does this cost?
That's the best part! There are no costs of applying. There are no charges to apply and no additional fees attached to your loan (other than standard bank fees). We will review every number on the contract with you before we print the documents or finalize the loan itself.
What happens once my application is received?
Once you submit your online credit application, it is reviewed by credit analysts. If approved, we will notify you of our approval decision via e-mail within one or two business days. In some cases, banks may request additional information (such as personal financial statements and income verification), which causes a temporary delay in the process. Periodically, Cross Country Capital will contact you with updates on your application. You should receive a final credit decision within seven business days.
What if I'm buying from a private party?
No problem. As long as we can verify the title to the vehicle your purchasing, you can purchase from whomever you would like. Dealers will already have the title on file, individuals will either have a title, or the bank will be holding it until the original loan is paid off.
Can my payments be automatically deducted from my checking account?
Yes. Just let a Cross Country Capital representative know of your intentions at time of closing.
Can I make more than my regular monthly payment and shorten my term to save interest expense?
Yes, although you must always make your monthly payment.
How are loan funds disbursed?
Once your loan request has been approved and all of the necessary loan documents have been signed, funds will be issued to the seller or dealership or in the case of a refinance transaction, directly to the lien holder.
How do I apply?
We're glad you asked! Applications are available online or we will be more than happy to fax or mail you the application packet. A credit decision can be made in as little as one business day. Our toll free fax number is 888-792-3788. Our toll free Phone number is 888-792-3790.
Can I re-finance or even cash out on a vehicle I own now?
Definitely. We may be able to re-finance your current loan at a lower rate and help you save interest charges. If you own your RV outright and you want to take out an equity loan we just need to verify the title and you're in business.
Yes, at very competitive interest rates.
How much can I save by refinancing my existing RV loan?
The answer to this question depends upon several factors. It would depend on how much you could reduce your interest rate. It would also depend on your unpaid loan balance. You would need to weigh the potential savings against the closing costs... if any.
For example: If a loan with $27,000 remaining to be paid at 9.5% interest could be refinanced at 6.75%, you could save over $4,000 in finance charges. You could also choose to lower your payments, or lower your repayment term. The choice is yours, but in the case of RV refinancing, there are NO closing costs, which means that virtually any savings in interest rate make a refinance a smart move.
How can I find out more about my credit rating?
We have provided the links below for your convenience. Cross Country Capital is not affiliated or responsible for the content, services or security available with Equifax, Experian or TransUnion. These links are provided to you as a convenience only.
Equifax (www.equifax.com)
Experian (www.experian.com)
TransUnion (www.tuc.com)
We hope this answers most of your questions. If you have more, please don't hesitate to call, we would rather talk to you in person and make sure you understand all of the issues concerning your specific financing needs.