Motorbike Finance for Bad Credit in Australia
Hit the road on two wheels!
Apply for motorbike Finance at Finance One.
Whether you’re eyeing a classic cruiser, a nimble touring bike, or a lightning-fast sportster, owning a motorcycle opens up a world of possibilities. From leisurely weekend rides to streamlining your daily commute while navigating rising petrol prices, a motorcycle offers both practicality and exhilaration.
At Finance One, we understand that past financial hurdles shouldn’t stand in the way of your dreams. If you’ve been hesitant to pursue motorbike finance due to a less-than-perfect credit history, rest assured, we’re here to help. Our team specialises in assisting individuals with various credit backgrounds, offering tailored solutions to make your motorcycle ownership dreams a reality.
Normal lending criteria, terms & conditions and fees & charges apply.
Motorbike Finance from $8,000 to $100,000?**
Motorbike Finance terms from 3 - 7 years
Loans for motorcycles in as little as 24 hours*
Ask for help with motorbike finance and bad credit at Finance One
Although bad credit could stem from debt-related issues, there are also instances when a borrower is unsuccessful with major lenders simply because they have no borrowing history to speak of. Whether you suffer from poor credit due to unpaid bills or loans or because you have no prior borrowing record, Finance One may be able to help you apply for bike finance with bad credit.
With our loans for motorbike finance with bad credit, you should be able to readily purchase any of the following types of motorcycles:
- New motorbikes
- Used motorbikes
- Dirt bikes
- Cruisers
- Touring motorcycles
- Sport bikes
- New motorbikes
- Used motorbikes
- Dirt bikes
- Cruisers
- Sport bikes
- Touring motorcycles
Application requirements for loans for motorcycles
Although we do not offer guaranteed motorbike finance, you may be approved for motorbike finance with Finance One if you can meet all the normal lending requirements and submit the required documents and information, when applying for a loan for a motorbike at Finance One.
To apply for bike finance for bad credit at Finance One, as a minimum, you will have to provide a copy of your drivers licence and bank account details, including your latest three months of bank statements. You will also need to be at least 18 years of age and have a regular source of income.
So, even if banks and other major lenders reject your applications for motorcycle finance, Finance One may be able to assist in your need for motorcycle finance in Australia.
Can I apply for Motorcycle Finance with Finance One?
Income.
Are you receiving regular income?
Borrow.
Do you want to borrow between $8,000 to $100,000 for your next vehicle?**
Age.
Are you at least 18 years of age?
Credit History.
We accept all applications regardless of previous history.
Benefits of getting a loan for a motorbike in Australia at Finance One
Flexibility
Finance One is all about making things easier for you and other customers. If you can afford to make extra repayments or want to increase your repayment amount anytime, simply let us know. Plus, you won’t be charged an early payout fee on any consumer loans.^
Proudly 100% Australian
Finance One is an Australian company with teams across the country to ensure everyone has access to apply for motorbike finance.
Top-notch personalised support
The Finance One support team is ready to help provide approved customers with personalised support and tailored financial solutions.
Flexibility
Finance One is all about making things easier for you and other customers. If you can afford to make extra repayments or want to increase your repayment amount anytime, simply let us know.
Proudly 100% Australian
Finance One is an Australian company with teams across the country to ensure everyone has access to apply for motorbike finance.
Top-notch personalised support
The Finance One support team is ready to help provide approved customers with personalised support and tailored financial solutions.
How to increase your chances of getting approved for bike finance for bad credit
1. Improve your credit score where you can
Check your credit report to ensure any loans you paid off in the past are actually cleared. Doing this simple step could improve your chance of getting a more significant loan amount, if you are approved for your loan application, so you can afford to buy your dream motorbike.
2. Ask around and get quotes
Don’t be afraid to approach different lenders to discuss and compare your financing options. However, make sure you apply to the one you find has the most reasonable terms for your situation. Bear in mind that multiple applications might negatively affect your credit score.
3. Consider your budget
Before applying to your chosen motorbike finance provider, make sure you can show document proof of your efforts at saving — which may be viewed as an indication of your sound financial habits.
4. Be prompt with your repayments
Your primary responsibility as a borrower is to make timely and consistent repayments to the lender in accordance with the terms of the loan agreement. This will help you maintain a good record as a borrower and also help to keep you on track so your loan can be paid off on time and in accordance with your loan agreement. All this will likely have a positive impact on your future borrowing efforts.
Let us answer your questions.
Can I apply for motorcycle finance from Finance One if I have a bad credit history?
Yes! Finance One will consider applicants whose credit history includes defaults, previous bankruptcies or Part IX Debt Agreements.
Can I apply for a loan for a motorcycle if I receive a pension or Centrelink benefits?
Yes! Finance One will consider applicants who receive any of the following:
- Family Tax A & B
- Parenting Payment
- Carer Payment
- Aged Pension
- Disability Pension
- Department of Veterans’ Affairs (DVA) Service Pension/Partner Service Pension
What could my interest rate be on my motorbike finance?
Our interest rates vary depending on your overall credit profile. This includes, but is not limited to, the stability of your employment and residence, your credit history, your income and your banking conduct.
Can I make extra repayments, increase my repayments or pay the loan for my motorcycle out early?
Yes, you can make extra repayments or increase your repayments. However, some of our loans do have an early payout fee. We recommend you review your loan terms or contact us to confirm if an early payout fee applies to your loan.
What documents do I need to provide when I apply for motorbike finance with Finance One?
The minimum documents we require for an application include:
- three months of bank statements (we will provide you with our secure link to bankstatements.com.au to provide your bank statements); and
- proof of your income; and
- completed application form and privacy statement; and
- ID (ie. drivers licence)
What might be the best motorbike Finance for me?
The loan you select depends on your circumstances. If you have a bad credit history, Finance One may be able to help.
Apply for financial assistance at Finance One
We may not offer no-credit-check motorcycle finance, but we make it a point to consider each customer’s situation on a case-by-case basis. If your application for motorcycle finance is approved, you will then hopefully be able to buy the motorbike you’ve always wanted.
At Finance One, we always do our utmost and as much as we can to assist our customers in helping them to achieve their goals and giving them access to apply for the funds they need.
Aside from motorbike finance, we also offer a broad range of finance options to our customers including:
For assistance in applying for a loan with bad credit, please contact us at Finance One. We offer our services across Australia, including Adelaide, Brisbane, Cairns, Canberra, Central Coast, Darwin, Gold Coast, Hobart, Melbourne, Perth and Sydney.
Disclaimer: The information above is of a general nature only and does not consider your personal objectives, financial situation or particular needs. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your particular circumstances. We do not accept responsibility for any loss arising from the use of, or reliance on, the information. Please note that approvals for loan applications are subject to satisfactory documentation being received to properly assess the application. Normal lending criteria apply. Fees and charges are payable. Terms and conditions apply.
*24 hour approvals are subject to satisfactory documentation being provided to assess the application.
**Normal lending criteria, terms & conditions and fees & charges apply.
^Early repayment fees may apply. Please refer to your loan terms and conditions or contact us to confirm if an early payout fee applies to your loan.