Loans as they should be
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Borrow up to $45,000 for a new or used vehicle
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Simple online application
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Loan terms from 24 to 60 months
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No early repayment fees
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Two weeks conditional pre-approval
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Fast finance – funds typically disbursed within 24 hours of approval
Learn more about our motorcycle loans
Dreaming of accelerating into the sunset? Whether you’re buying your first bike or upgrading to something bigger and better, a motorcycle loan from Rapid can help you get there – fast.
At Rapid, we offer fast and flexible finance options designed to make purchasing your new or used motorcycle simple and stress-free.
With transparent rates, fixed repayments, and an easy online process, we help everyday Australians ride away soon. Wherever you’re headed, Rapid is here to help you hit the road with confidence.
Secured Motorcycle Loans – Backed by a Registered Vehicle
At Rapid, our secured motorcycle loans are designed to help you get on the road sooner and with confidence. Secured loans use a registered vehicle, usually the motorcycle you’re purchasing, as security. Our secured loans offer fixed interest rates and flexible loan terms, because we know real life isn’t always one-size-fits-all.
And don’t worry—just because your bike is used as security doesn’t change how you ride it. It’s still yours to enjoy, every day.
Apply online in just a few minutes and experience the Rapid difference.
Quick and Easy Motorcycle Loan Application Process
We know that once you’ve found the right motorcycle, you don’t want to wait around for paperwork and approvals. That’s why we’ve made applying for a motorcycle loan simple and straightforward. You can complete your application online in minutes – no paperwork, no appointments.
Here’s how it works:
- Apply online – submit your application in just a few minutes.
- Quick assessment – get a fast decision, typically within one business day.
- Get your funds – once approved, funds are transferred quickly so you can pick up your new ride.
- Start riding – enjoy your new motorcycle with simple, flexible repayments
Our team is available if you have any questions along the way, and there are no early repayment fees if you want to pay your loan off sooner.
Motorcycle Loan Options
We offer flexible motorcycle loan options to suit different riders, budgets, and bikes. Our loan amounts range from $5,000 to $45,000. With fixed interest rates, flexible loan terms that fit your lifestyle, and no early repayment fees, your new ride is just an online form away.
Whether you’re buying a commuter scooter, a touring bike, or your dream Harley, we can tailor your loan to suit your situation.
Am I Eligible for a Motorcycle Loan?
We make it simple to check if you’re eligible for a motorcycle loan. You’ll need to meet the following criteria:
- Be 18 years or older
- Be an Australian citizen or permanent resident
- Have regular income (from employment or benefits)
- Be able to meet your repayment obligations
Even if you’ve had credit challenges in the past, you may still be eligible. We assess your whole financial situation to see if we can help you secure the loan you need.
What’s the difference between a Motorcycle Loan and a Vehicle Loan?
The main difference between a motorcycle loan and a general vehicle loan is simply what you’re purchasing. While car loans are specifically designed for passenger vehicles, motorcycle loans are tailored to the unique considerations of bike ownership.
Some differences include:
- Loan amounts – motorcycles usually cost less than cars, so loan amounts may be smaller
- Insurance requirements – some insurers handle bikes differently to cars
- Bike-specific lending criteria – including age, condition, or type of bike
At Rapid, we offer both car and motorcycle loans, and we’ll match you with the right product based on the vehicle you’re purchasing.
What Documents are Needed to Apply for a Motorcycle Loan?
To get started with your motorcycle loan application, you’ll just need a few standard documents:
- Proof of identity (e..g driver’s license or passport)
- Proof of income (recent payslips)
- Details of your financial situation (any existing debts or expenses)
- Information on the motorcycle (if you’ve already chosen one)
Once we have these details, we can assess your application quickly and provide a fast decision, so you can focus on choosing your new ride.
How It Works
1. Apply Online
Get started with our simple online application and be on your way in just a few clicks! Our secure online platform keeps your information safe.
2. We’ll Get In Touch
Your application will be reviewed and one of our friendly loan consultants will be in touch soon! We’re here to help.
3. Receive Funds
We take our commitment to being fast seriously! If you applied in the morning and were approved, your funds could be available the very same day.
Why go with Rapid for your loan?
Loans Tailored to You
Our auto and personal loan products were created with our customers in mind. We live in the real world too, so we created flexible loan solutions to suit most circumstances.
Quick and Easy Process
Our online application takes just minutes and our secure online portal allows you to upload your essential documents quickly and conveniently.
Personalised Service
Like everything at Rapid, we make sure dealing with our professional customer service representatives is straightforward and simple. We’re here for you!
Trusted Lender
We’ve funded loans for over 50,000 happy customers to make life happen. Our people are experienced, professional and understand that life isn’t always straightforward.
Explore Our Other Loan Types
Jet Ski Loans
For when you want to make a splash
Boat Loans
For feeling the wind in your hair
Motorhome Loans
For when it’s time to hit the open road
Motorcycle Loans
For the times you want to rev your engine
Motorcycle loan questions
Can I buy other motorcycle equipment with a motorcycle loan?
Whether you can buy motorcycle equipment with your motorcycle loan will depend on the terms of the motorcycle loan you have taken out. Some motorcycle loans may only be used to purchase the motorcycle itself, while others may allow you to use the funds for other motorcycle-related expenses, such as accessories, gear, or equipment.
With Rapid Loans, you can choose to apply for just one loan amount to cover both the cost of the motorcycle and additional expenses such as accessories, gear or other equipment. It’s still secured by the motorcycle, but the cost of the motorcycle will be disbursed to the dealer or seller and the remaining funds are yours to use.
Can I get a loan for a used motorcycle?
Yes! Our secured motorcycle loans can be used to purchase a new or used motorcycle, or anything in association with it. For example, our motorcycle loans can be used to purchase a helmet, service your vehicle, or any upgrades to make your ride smoother. Chat to your dedicated loan agent during the application process about arranging this setup for your motorcycle loan.
How do I get a motorcycle loan?
At Rapid Loans, we make it easy to apply for a loan for a motorbike. Before you start, you can check out how it works, then start getting the details and information you need put together to make your online application as smooth as possible. You’ll need some basic information like proof of ID, proof of income or employment, and some online bank statements. Our friendly team reviews each application individually once we have all the details.
Before applying, you should also have an idea of how much you’d like to borrow. If you already have some savings and a motorbike in mind that you want to get, you can apply with that number in mind. Or, you can get pre-approval for a certain amount of money to make the buying process faster and easier when you find a new or secondhand motorbike that you want to purchase.
If you are approved for a loan, one of our friendly loan consultants will be in touch to let you know. They’ll ask that you review the loan offer carefully to ensure that you understand the terms and conditions and that you understand the repayment process. If you accept the motorcycle loan offer, complete the loan process by signing the loan agreement and providing any required deposit. Keep in mind you’ll need to adhere to the repayment schedule so as not to fall behind and risk damaging your credit score.
Are motorcycle loans the same as car loans?
At Rapid Loans, when you apply for a ‘motorcycle loan’, you are applying for our secured vehicle loan product, which can be used to finance the purchase of a motorcycle or other vehicle that can be registered. The loan amount for a motorcycle loan may be lower compared to a car loan due to the lower cost of a motorcycle compared to a car. As a result, this often means your repayment period for a motorcycle loan may be shorter compared to a car loan due to the lower loan amount.
In general, a loan for a motorbike and car loans are similar in that they are both types of vehicle loans that require the borrower to make weekly, fortnightly or monthly repayments to the lender. However, there are slight differences between the two, and it’s important to compare the terms and conditions before you choose a loan to ensure you can meet the requirements.
How long does motorcycle loan approval take?
Our dedicated team will work quickly to get you an answer, and typically will contact you within one business day after your application is submitted. If approved, you can have funds in your account as soon as the afternoon of approval.
What if I have a learner’s license?
If you are on your learner’s license, you can still apply for a loan with the same process as if you had a full motorcycle license. Lending criteria and eligibility will apply as usual.
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