Bikerloans most frequently asked questions about Motorcycle, Scooter,
Moped, Classic Bike and road legal Quad Bike Finance.
- How do I apply for a motorcycle finance?
- Loan applications must be submitted using our
Motorcycle Finance Application Form. - How long does it take to obtain my motorcycle loan?
- We endeavour to contact all successful applicants usually within 36 hours. From application to completion you should be riding your bike within one week.
- How much can I borrow?
- Loan amounts vary according to individual circumstances. The amount will be discused with you individually with an underwriter.
- Do I need to supply any documents?
- Yes, our underwriters will request you return copies of any documents they require together with your signed loan agreement. Usually you will need: copies of payslips, bank statements or accounts for self employed applicants, a proof of address, e.g: utility bill, rent book, bank statement etc. Motorcycle Finance documents are always signed at the local dealership, and you will need to take your motorcycle licence with you for copying.
- Can anyone apply for a motorcycle loan?
- Yes, we try to help most customers. We provide loans and finance for customers who have been declined by other finance companies, are employed or self employed or in the Armed Forces. Home owners, tenants and customers living with parents, customers with previously bad credit, or no credit history. We have some guidelines to see if you are likely to qualify.
- Is the loan unsecured?
- Yes, all loans are unsecured. Motorcycle finance is secured on the bike only. We do offer a secured loan for home owners of up to £25000, even if you've experienced credit difficulties or have little equity in your home.
- Do I have to buy a motorcycle from a dealer?
- No, our finance options gives you the flexibility to choose a bike from a local dealer or privately if you prefer.
- How can I contact you ?
- Please use the contact details.