Personal or business finance?

Anyone can apply for a personal motorbike loan. What most people don’t realise is that business finance (hire purchase, chattel mortgage or lease) is available to both companies & individuals, so long as the motorcycle is to be used predominantly for business use, i.e. more than 50% business usage. For example; mobile sales reps, couriers, etc. could qualify for lease or hire purchase. A school teacher driving to & from work would not qualify.

To find out if you qualify for a business motorbike loan call Aussie Bike Loans or speak to your tax adviser. Business finance is usually lower in interest rates, and there are many structures available to maximise your budget or tax benefits.

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