Financing
Financing your ride:
Financing is a popular option for riders today. We work with several lenders that offer loans for Bad Credit riders as well. A bad credit score does not have to prevent you from obtaining a loan. Our Lenders look at your history and make sense of your situation . Bad things can happen, they understand.
It is important that you know your credit score. Your FICO is a combined score that you can get for free once a year from this source:
https://www.freecreditscore.com/
Read for: Credit Score ABOVE 550 FICO Auto 10
This is the process for good credit applicants.
Bikes 2012 and newer need to have a credit score of 550 FICO or high.
If your credit score is above 650 you will most likely not have to give any proof of income.
Use this link for a quick online application with instant approval:
https://www.octanelending.com/consumer_form/9336
Read for: Credit Score BELOW 550 FICO
Not perfect credit Financing: (only available for Florida Residents)
There is a solution for you as well. We offer in-house financing with substantial downpayment.
- Proof of the income you put on the application. (Pay Stubs for employed, bank statements for self-employed)
- Proof of residence (utility bill)
- 5 unique references, not living in your household
- They will call your employer to verify employment and possibly your landlord
- Insurance IS REQUIRED (Comp and Collision with $1,000 deductible)
- Valid Driver License (does not require motorcycle endorsement)
You will need to provide ALL of the above and possibly more.
We have had good experience with the following websites: for Personal Loans
https://www.sofi.com/share/2842188/ is a great website to get a personal loan that can be used for anything down the road. Good interest rates as well.With the link above you get $300 sign-up bonus!
www.lendingtree.com and go to the "Personal Loans" then choose "Auto Loans"
Lending Tree searches for the best option tailored to you and puts you in touch with the right bank.