Bikerloans Underwriting Guidelines

This is the basic criteria we use at Bikerloans. Hopefully by having this information you will have a reasonable idea as to whether we will be able to assist your customer even before you send us a proposal.

Customers with good credit:

  • UK Resident, Min age 23 (Guarantor maybe required)
  • CBT for 125cc bikes, Full Cat A for all bigger bikes
  • Must be employed full time, self employed, HM Forces, Retirees under 65. No agency workers
  • Electoral role trace
  • Most road legal motorcycles and scooters ok includes bikes OVER 10 years old. We are NOT able to finance Chinese imports or Quad Bikes
  • Advances based on percentage Glass's Guide Trade values. Customers generally need a deposit of 5%- 10% which can include a part exchange bike
  • Competitive rates

Customers with adverse credit:

  • UK Resident, Minimum age 25.
  • Full Cat A bike Licence required.
  • Must be employed full time, self employed, HM Forces. No agency workers.
  • Some electoral role trace.
  • Most road legal motorcycles and scooters ok, max 10 years old. Finance for Chinese imports and Quad bikes NOT available.
  • Advances to Glass's Guide Retail, low deposit deals ok.