MOTOR BIKE LOAN

Motor Bike Loan:

Champion Broker can get you great rates on Road and Off Road as well as ATV models. Some lenders have restrictions on the age and/or value of bikes that can be financed with a bike loan and they are often available only for newer used or new bikes.

Those who don’t qualify for a bike loan may be able to use an unsecured personal loan, though this carries a slightly higher interest rate. Champion Broker can help you organise a secured or unsecured personal loan quickly getting that bike sooner!

Interest Rate:

Personal loans are each assessed individually and given a credit score that determines the rate.

Repayment:

Loan repayments are usually split across the life (term) of the loan. You can choose a loan term between 3 and 7 years. To reduce how much you pay in interest it is recommended you choose a shorter loan term

Securities:

We have both Secured and Un-secured loans. Secured loans generally have lower rates and are secured against an unincumbered vehicle.

Other Conditions:

Borrower has to be an Australian Citizen with a regular income. ASIC (NCCP) requirements will be applied such as serviceability calculations and verification of income and assets.

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