Whether you’re a regular motorcycle enthusiast or have just passed your test, picking up a new or used motorcycle can be expensive stuff. Motorcycle finance can help you to overcome these financial hurdles by spreading the cost out over an affordable length of time, either through hire purchase agreements or a straight forward cash loan.
Let’s take a closer look at what motorbike finance entails and how you can apply for the best motorcycle finance deals today.
What Is Motorcycle Finance?
Motorcycle finance is a form of finance designed specifically to help bikers with the purchase of a new or used motorcycle. The funds can be transferred straight to your personal bank account and flexible payments will be structured to keep repayments affordable for the duration of your credit agreement.
Each lender uses a different set of eligibility criteria when assessing each application, but at the very least you’ll need to fulfil the following:
- Be at least 18 years of age when you apply
- Be a permanent UK resident with a fixed address
- Have a UK bank account in your name with an attached debit card
How Can I Apply For Motorcycle Finance?
If you’ve already found the bike you’re looking for then it’s time to start searching for finance which is where CreditRaters.com can help.
It takes just a few minutes to generate an up to the minute quotation through our panel of specialist motorbike finance lenders and once the initial application form has been completed, you’ll receive an instant online decision.
Some motorbike finance lenders may require you to use accredited dealerships although this isn’t a steadfast rule for all lenders, so do check the terms and conditions before finalising your application.
Once accepted, you could receive the funds within just 24 hours, leaving you to pick up your dream motorbike and get straight on the road.
Get a free, no obligation quotation with CreditRaters.com today and discover a wealth of the best motorcycle finance deals online.