The interest rate is fixed for the loan term, so you know what your repayment will be at the start of the loan and the end of the loan.

Although we do offer some of Australia’s lowest interest rates for motorbike loans, the interest rate is determined on some factors including:

The age of the motorbike

Your credit history and credit score

The overall loan application

The loan amount

Once we have gained an approval, you are provided full loan details including interest rate, terms, fees and repayments.

The final decision is yours.

The loan application is the same as purchasing through a dealer or auction site. We do however need to protect you as a consumer, so will check the motorbike on the PPSR (personal property security register) to verify ownership, whether the motorbike is stolen or written off.

We also gain seller information to ensure a smooth transaction happens for you, helping you pick up your motorbike sooner than later.

Business motorbike finance is usually documented as either a Chattel Mortgage or Lease with the motorcycle held as security or collateral against the loan.

There are various taxation benefits with a motorbike chattel mortgage or motorcycle lease from claiming the interest payable on the loan to claiming the repayments as a deduction.

If purchasing a motorbike for business use, it is advisable to talk to your tax agent for clarification on what product is suitable to your business.

You can borrow 100% against the motorbike and can borrow for extras if needed such as loan protection cover, warranty or motorbike insurance.

Having a deposit though will reduce the overall risk to the lender and will reduce the overall interest payable to you.

We can provide motorcycle loan approvals in the same day to 48 hours. This is dependent on the information we have and complexity of the loan application. We will keep you informed throughout the loan assessment process.