FAQS 2017-07-07T17:31:12+00:00

FAQS

How do I apply? 2017-01-22T23:02:43+00:00

You can apply for finance here using our quick online application form, or you can call us on 01625 324444 and we can answer any questions you may have.

What if I have an issue after I have collected? 2017-01-22T23:02:52+00:00

We will be in contact with you through-out the whole buying process and even after you have collected your car. However, if you are having any issues at all with your new purchase, we recommend you call us straight away and we can advise you what to do.

Do I need a deposit? 2017-01-22T22:55:26+00:00

In most cases no, however it depends on the product you take out and also on the motorbike.

If I have negative equity, can I change my motorbike? 2017-03-12T15:48:01+00:00

If you have negative equity you might be able to change your bike, it depends on how much negative equity there is and if you have any deposit to put towards that can always help as well.

Can I refinance my current motorbike? 2017-01-22T22:54:55+00:00

We have certain lenders which allow you to refinance your current bike. We can also help finance the balloon payment on your agreement if you have one.

I have bad credit, can you help? 2017-01-22T22:54:42+00:00

Yes, we help many people with bad credit profiles, we have certain lenders that specialise in this sort of finance.

Can I settle early? 2017-01-22T22:54:12+00:00

Yes, you can settle your finance early. You just need a settlement figure from the lender, this will be the figure that needs to be paid. Settling your finance early may even entitle you to a rebate of interest.

What If I change my mind? 2017-01-22T22:54:00+00:00

Lots of people change their mind, it’s not an issue at all. It’s a no obligation service. All we ask is you keep us informed so we can close your application down.

Can I take finance for someone else? 2017-01-22T22:53:45+00:00

No. Taking finance out for someone else is called fronting and is actually illegal. You can however apply in joint names.

What are your rates? 2017-01-22T22:53:32+00:00

All rates are dependent on the lender selected for your finance and the rates are determined on a number of things including the level or risk and your credit score along with income and outgoings.

I have been refused finance in the past, is it worth applying again? 2017-01-22T22:53:18+00:00

Absolutely, just because you have been refused in the past, does not mean we might not be able to help.

Where can I buy my motorbike from? 2017-01-22T22:53:03+00:00

You can buy your new motorbike from any UK dealership as long as they hold a valid finance licence.

Can I get motorbike finance if I am self-employed? 2017-01-22T22:52:47+00:00

Yes, no problem at all. Being self-employed doesn’t stop us financing your next bike.

Can you guarantee motorbike finance? 2017-01-22T22:52:33+00:00

No. There is no company that can guarantee that you will be accepted for finance. Every lender has their own criteria and will take into consideration your individual circumstances. We work with a range of lenders, who deal with all circumstances. So even though we can’t guarantee finance, we will try our best.

What documents do I need to supply? 2017-01-22T22:52:17+00:00

All lenders will ask you to produce some documentation. This will vary slightly depending on the requirements of the lender. Typically, you will be asked for a copy of your licence and sometimes proof of income or address. This will all be explained in full detail so there’s no need to worry. We understand people lose and misplace licences and payslips so there are other alternatives.

What sort of Licence do I need? 2017-01-22T22:51:59+00:00

There are certain regulations when it comes to what licence is required to ride certain sized motorcycles. It is all down to the individual bike and also product offered by the lender.

How old do I need to be to qualify for finance? 2017-01-22T22:51:43+00:00

You must be at least 18 years of age for us to arrange finance on your behalf with most lenders. Some lenders have a minimum age of 21.

Do you do credit checks? 2017-01-22T22:50:56+00:00

We have to do an initial credit search to see your credit profile. This then enables us to send your application to the correct lender depending on your circumstances and credit profile.

Do I pay a fee to you? 2017-01-22T22:50:35+00:00

We don’t charge any fees. The Motorbike Financer may receive a commission from the lender we arrange the finance with for you.

How long will it take to get the finance in place? 2017-01-22T22:50:17+00:00

We aim to get you a decision as quick as possible after you have submitted your application. One of our specialists will contact you and talk you through the process in detail before you agree to commit. In certain cases, we can sort the finance within as little as a few hours. The turnaround from applying to collecting the finance will normally depend on how quickly you can return your signed agreement and proofs to us. The average turnaround time is between 2-4 days from start to finish. Once your application has been submitted, processed and approved, all that’s left to do is find a suitable motorbike.

Does the finance come directly from The Motorbike Financer? 2017-01-22T22:49:58+00:00

No. The Motorbike Financer is only a broker. We work with a panel of lenders who will finance your next bike. The advantages of using a broker means we can search multiple lenders at once to find the best deal for your individual circumstances which takes the stress and hassle out of finding motorcycle finance.

How much can I borrow? 2017-01-22T22:49:41+00:00

This all depends on your individual circumstances. There are a number of factors that we use to assess affordability including your income, the age of the motorbike, your credit score and the duration of the finance agreement. If you have an adverse credit history, we may still be able to provide the finance you need as we have a selection of lenders who specialise in providing credit for people with poor credit scores.

Ask the experts 2017-01-22T23:02:22+00:00

Drop The Motorbike Financer an e-mail and we will get back to you.

Call us on 01625 324444

Request A Callback

The Motorbike Financer is a trading name of The Vehicle Financer Limited. The Vehicle Financer Limited is an appointed representative of Product Partnerships Limited which is authorised and regulated by the Financial Conduct Authority. Product Partnerships Limited FCA registration number is 626349 and its address is Salts Piazza Offices, Salts Mill, Victoria Road, Saltaire, BD18 3LA. Product Partnerships Limited’s permitted business is to act as a Principal for a network of Appointed Representatives who arrange regulated credit facilities for customers who are purchasing goods from them.

The Vehicle Financer Limited act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk

FAQS

How do I apply? 2017-01-22T23:02:43+00:00

You can apply for finance here using our quick online application form, or you can call us on 01625 324444 and we can answer any questions you may have.

What if I have an issue after I have collected? 2017-01-22T23:02:52+00:00

We will be in contact with you through-out the whole buying process and even after you have collected your car. However, if you are having any issues at all with your new purchase, we recommend you call us straight away and we can advise you what to do.

Do I need a deposit? 2017-01-22T22:55:26+00:00

In most cases no, however it depends on the product you take out and also on the motorbike.

If I have negative equity, can I change my motorbike? 2017-03-12T15:48:01+00:00

If you have negative equity you might be able to change your bike, it depends on how much negative equity there is and if you have any deposit to put towards that can always help as well.

Can I refinance my current motorbike? 2017-01-22T22:54:55+00:00

We have certain lenders which allow you to refinance your current bike. We can also help finance the balloon payment on your agreement if you have one.

I have bad credit, can you help? 2017-01-22T22:54:42+00:00

Yes, we help many people with bad credit profiles, we have certain lenders that specialise in this sort of finance.

Can I settle early? 2017-01-22T22:54:12+00:00

Yes, you can settle your finance early. You just need a settlement figure from the lender, this will be the figure that needs to be paid. Settling your finance early may even entitle you to a rebate of interest.

What If I change my mind? 2017-01-22T22:54:00+00:00

Lots of people change their mind, it’s not an issue at all. It’s a no obligation service. All we ask is you keep us informed so we can close your application down.

Can I take finance for someone else? 2017-01-22T22:53:45+00:00

No. Taking finance out for someone else is called fronting and is actually illegal. You can however apply in joint names.

What are your rates? 2017-01-22T22:53:32+00:00

All rates are dependent on the lender selected for your finance and the rates are determined on a number of things including the level or risk and your credit score along with income and outgoings.

I have been refused finance in the past, is it worth applying again? 2017-01-22T22:53:18+00:00

Absolutely, just because you have been refused in the past, does not mean we might not be able to help.

Where can I buy my motorbike from? 2017-01-22T22:53:03+00:00

You can buy your new motorbike from any UK dealership as long as they hold a valid finance licence.

Can I get motorbike finance if I am self-employed? 2017-01-22T22:52:47+00:00

Yes, no problem at all. Being self-employed doesn’t stop us financing your next bike.

Can you guarantee motorbike finance? 2017-01-22T22:52:33+00:00

No. There is no company that can guarantee that you will be accepted for finance. Every lender has their own criteria and will take into consideration your individual circumstances. We work with a range of lenders, who deal with all circumstances. So even though we can’t guarantee finance, we will try our best.

What documents do I need to supply? 2017-01-22T22:52:17+00:00

All lenders will ask you to produce some documentation. This will vary slightly depending on the requirements of the lender. Typically, you will be asked for a copy of your licence and sometimes proof of income or address. This will all be explained in full detail so there’s no need to worry. We understand people lose and misplace licences and payslips so there are other alternatives.

What sort of Licence do I need? 2017-01-22T22:51:59+00:00

There are certain regulations when it comes to what licence is required to ride certain sized motorcycles. It is all down to the individual bike and also product offered by the lender.

How old do I need to be to qualify for finance? 2017-01-22T22:51:43+00:00

You must be at least 18 years of age for us to arrange finance on your behalf with most lenders. Some lenders have a minimum age of 21.

Do you do credit checks? 2017-01-22T22:50:56+00:00

We have to do an initial credit search to see your credit profile. This then enables us to send your application to the correct lender depending on your circumstances and credit profile.

Do I pay a fee to you? 2017-01-22T22:50:35+00:00

We don’t charge any fees. The Motorbike Financer may receive a commission from the lender we arrange the finance with for you.

How long will it take to get the finance in place? 2017-01-22T22:50:17+00:00

We aim to get you a decision as quick as possible after you have submitted your application. One of our specialists will contact you and talk you through the process in detail before you agree to commit. In certain cases, we can sort the finance within as little as a few hours. The turnaround from applying to collecting the finance will normally depend on how quickly you can return your signed agreement and proofs to us. The average turnaround time is between 2-4 days from start to finish. Once your application has been submitted, processed and approved, all that’s left to do is find a suitable motorbike.

Does the finance come directly from The Motorbike Financer? 2017-01-22T22:49:58+00:00

No. The Motorbike Financer is only a broker. We work with a panel of lenders who will finance your next bike. The advantages of using a broker means we can search multiple lenders at once to find the best deal for your individual circumstances which takes the stress and hassle out of finding motorcycle finance.

How much can I borrow? 2017-01-22T22:49:41+00:00

This all depends on your individual circumstances. There are a number of factors that we use to assess affordability including your income, the age of the motorbike, your credit score and the duration of the finance agreement. If you have an adverse credit history, we may still be able to provide the finance you need as we have a selection of lenders who specialise in providing credit for people with poor credit scores.

Ask the experts 2017-01-22T23:02:22+00:00

Drop The Motorbike Financer an e-mail and we will get back to you.

Call us on 01625 324444

Request A Callback

The Motorbike Financer is a trading name of The Vehicle Financer Limited. The Vehicle Financer Limited is an appointed representative of Product Partnerships Limited which is authorised and regulated by the Financial Conduct Authority. Product Partnerships Limited FCA registration number is 626349 and its address is Salts Piazza Offices, Salts Mill, Victoria Road, Saltaire, BD18 3LA. Product Partnerships Limited’s permitted business is to act as a Principal for a network of Appointed Representatives who arrange regulated credit facilities for customers who are purchasing goods from them.

The Vehicle Financer Limited act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk