What is caravan?and what is loan?
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A caravan loan can be either an unsecured personal loan or secured personal loan that allows you to use your caravan as security. If you opt for a secured loan you can take advantage of a lower interest rate, but unsecured loans offer more flexibility.
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The word caravan comes from the Persian karwan meaning "group of desert travelers." A caravan can be a large group of people traveling together in one long line. It's also the term used for a camper that has a living area in it. ... It's also a verb: caravan with your neighbors on a group road trip.
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