Business owners, sub-contractors, sole traders and other ABN holders have some key advantages when looking for a bike loan, depending on how the bike will be used.
If you qualify for an ABN bike loan you can claim back GST (if GST is registered) on the purchase and save on running costs. You can also benefit from more flexible repayment options such as seasonal or structured payments. These are benefits you usually can't get your hands on if you apply for a standard personal loan to finance your dream ride.
There are a few different ways to finance a bike loan as an ABN holder. It helps if you have had your ABN for over 12 months. Don’t worry if you haven't, there are still options!
To qualify for a loan for a motorbike for your business, you will need to demonstrate that the bike will be used for business activities over 50% of the time.
We can discuss the following bike finance solutions if you have an ABN:
Some of these options can be suitable, but it all depends on how your business operates. We can help pinpoint solutions that suit you.
Our teams have the knowledge and experience to find and compare different types of motorbike loans for ABN holders and other businesses from our panel of over 20 lenders. Our panel of lenders includes banks (both big and small), non-traditional lenders, and peer to peer lenders. Find a great bike loan, fast!
An ABN bike loan is a loan suitable for business owners, sole-traders and sub-contractors who want to purchase a motorbike for use as a business-related vehicle.
Get a great ABN bike loan with flexible repayment option that work for you and the set-up of your business. Get National Finance + Loans on your team. Ask questions or apply today by phone, online or in person.