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Whether you are buying your first bike or upgrading to something bigger, Thor Finance compares motorbike loan options from 45+ lenders to get you riding sooner.
Motorbike loans are a type of asset finance specifically designed for purchasing motorcycles. Like a car loan, a motorbike loan provides you with the funds to buy a new or used motorcycle, which you then repay over an agreed term with regular instalments.
Motorbike loans can be secured (where the motorcycle itself serves as collateral for the loan) or unsecured (where no asset is pledged). Secured motorbike loans typically offer lower interest rates because the lender’s risk is reduced.
At Thor Finance, we compare motorcycle finance options from over 45 lenders to find competitive rates, flexible terms and a loan structure that suits your budget and riding goals.
Whatever your riding style or purpose, Thor Finance can arrange finance for a wide range of motorcycles, including:
Whether you are buying from a dealership or a private seller, new or used, we can match you with a lender that fits your situation.
The motorcycle serves as security for the loan, which typically results in a lower interest rate. You own the bike from the start and make regular repayments over the agreed term. This is the most common type of motorbike finance.
No asset is pledged as security, so approval is based primarily on your income and credit history. Unsecured loans may have higher interest rates but offer more flexibility, particularly if you are buying from a private seller or want to avoid using the bike as collateral.
A personal loan can be used to purchase a motorcycle, giving you flexibility in how you spend the funds. Both fixed and variable rate options are available, and you can choose between secured and unsecured structures.
If you are self-employed or do not have standard income documentation, low doc motorbike finance allows you to apply using alternative documents such as BAS, bank statements or an accountant’s letter.
Our extensive lender panel means more options, competitive rates and a higher chance of approval, regardless of your circumstances.
95% of our applications are processed on the same day. When you find the right bike, you want to move quickly.
Our pre-approval process does not affect your credit score. Explore your options risk-free before committing.
Whether you are buying a brand-new motorcycle from a dealership or a quality used bike from a private seller, we can arrange finance to suit.
Choose from fixed or variable rates, a range of loan terms and the option to make extra repayments or pay off your loan early (subject to lender terms).
Our team understands motorbike finance and knows which lenders offer the best terms for different bike types and borrower profiles.
Before you apply for motorbike finance, it helps to think through a few key factors:
Work out what you can comfortably afford in regular repayments, taking into account the purchase price, insurance, registration, gear and ongoing maintenance costs.
New motorcycles come with a manufacturer’s warranty and the latest features, but they also cost more and depreciate faster. Used bikes offer better value but may have higher interest rates depending on the lender and the bike’s age.
A secured loan typically offers a lower interest rate because the bike acts as collateral. An unsecured loan provides more flexibility but may cost more over the life of the loan.
Shorter loan terms mean higher repayments but less interest paid overall. Longer terms reduce your regular payments but increase the total cost of the loan. Most motorbike loans range from one to seven years.
Comprehensive motorcycle insurance is generally required for secured motorbike loans. Factor this cost into your budget before applying.
Complete our online application or speak with one of our brokers. We will ask about your business, the equipment you want to finance, the purchase price and your preferred repayment structure.
We search our panel of 45+ lenders to find the most competitive motorbike loan for your situation, comparing interest rates, fees and terms.
Most applications are processed on the same day. Once approved, you receive your loan contract to review and sign.
After signing, funds are released to the seller (or your account), and you can pick up your new bike.
Yes. Thor Finance arranges loans for both new and used motorcycles. The age and condition of the bike may influence the interest rate and available terms, but used motorbike finance is a common and practical option.
Minimum and maximum loan amounts vary by lender. Generally, motorbike loans start from around $5,000 and can go up to $100,000 or more for high-end motorcycles. Your Thor Finance broker will advise you on what is available for your situation.
Yes. Some lenders on our panel specialise in motorbike finance for borrowers with impaired credit. Interest rates may be higher, but we can help you find a suitable option.
Deposit requirements vary by lender. Some offer zero-deposit motorbike loans, while others may require a contribution. A deposit can help reduce your interest rate and monthly repayments.
Yes. We can arrange finance for motorbikes purchased from private sellers. Additional documentation from the seller may be required to confirm the bike is free of encumbrances, not stolen and not written off.
Most motorbike loan applications are processed within the same business day. Your Thor Finance broker will keep you informed throughout the process.
The initial pre-approval with Thor Finance does not impact your credit score. A formal credit enquiry is only made when you proceed with a full application through a specific lender.
Whether you are a weekend rider, a daily commuter or an off-road enthusiast, Thor Finance makes motorbike finance simple. Compare options from 45+ lenders, get same-day approval and start riding sooner.
Email us to let us know how we can help you with your business’ Loan requirements.
Thor Finance
ABN 31 629 922 589
Contact us to see how we can help you with your finance requirements
Thor Finance ABN 31 629 922 589 is an Authorised Credit Representative
#557246 of AFAS Group PTY LTD, Australian Credit Licence #414426.