Cruise along with our bike loan, apply now up to $10,000!
Is cruising up the mountain in on your favourite motorbike an ultimate dream? Well, at Jacaranda Finance we can turn that dream into a reality with a bike loan! We are 100% online and as a result, are fast and convenient. We offer fast turnaround, a team of loan specialists ready to help at the touch of a button, and an easy loan application.
Our bike finance can get you on the road fast with our no-hassle loan application. Our initial loan application could only take a few minutes to complete, and you could receive an outcome in as quick as 60 minutes of submission (as long as you apply within business hours and we don’t require any additional information)! It’s really simple and easy.
Let’s learn more about a Jacaranda Finance bike loan and how they can help get you on the road.
Firstly, who is Jacaranda Finance?
We are a 100% online loan company that provides small personal loans to everyday Australians. Our business is focused on a fast and easy loan service. In addition, borrowing money doesn’t have to be a hassle. With Jacaranda Finance it’s all available at the touch of a button.
A personal loan ranges from $300 to $10,000 and the loan term can range over 12 to 24 months, depending on the loan amount.
Therefore, to get to know us more, here is a breakdown of what Jacaranda Finance does best.
Are we fast?
We are lighting fast! Our application could take you just minutes to complete. And with a quick turnaround, you’ll have your moolah before you know it. Our website has been designed to be customer friendly. It’s simple to navigate and it’s easy to discover all the information you need before you are ready to apply.
To help make your Jacaranda Finance experience hassle-free, we have designed a loan calculator. When you head to the Jacaranda Finance website, you’ll find a loan calculator conveniently located at the top of each page. It’s easy to use; simply select your loan amount and terms, then click APPLY NOW! As a result, you’ll be taken to the application page to complete our simple loan application.
Do we offer breathable loan terms?
Our loan terms are flexible and breathable for all applicants. Furthermore, depending on your loan amount, you can select a loan term that reflects your other financial commitments.
Do we offer paperwork free loans?
Jacaranda Finance loan service is 100% paper-free! You don’t even have to print out your loan contract, once approved. Simply sign online and receive your funds remotely. As a result, our loan service is fast, simple and environmentally minded! Save the trees, whilst applying for your personal loan.
Do we offer simple repayments?
Yes! We utilise the latest in safe banking technology to set up automatic repayments straight from a nominated bank account. As a result, setting reminders for your loan repayments are a thing of the past with Jacaranda Finance.
At Jacaranda finance, we believe in full transparency. We don’t hide our costs in 8 point font at the bottom of our loan contract. Firstly, our costs differ depending on your loan terms. Furthermore, for small personal loans ranging from $300 to $2,000, there is a 20% establishment fee charged upfront + a monthly fee of 4%. For medium secured personal loans, it will cost an establishment fee of $400 plus an annual percentage rate of 48%. Lastly, our large secured personal loans will cost an Annual Percentage Rate of 21.24%. You’ll also be charged a $35 dishonour fee on both loan types if an automatic payment fails to come out of your account.
Are we a responsible lender?
When assessing loan applications, we adhere to responsible lending practices. We don’t approve a loan unless the customer can afford the repayments. However, we encourage everyone to apply for a loan, as we are more lenient compared to traditional lenders.
So, now you know a bit about us, get started by applying for a bike loan today.
What is a Jacaranda Finance bike loan?
Here, at Jacaranda Finance, we offer many loans, not just ones for bikes.
We offer small personal loans and medium and large secured personal loans. Small personal loans range between $300 to $2,000 with a 12-month loan term. Medium secured personal loans begin at $2,001 to $4,600 with a loan term ranging from 13 months to 24 months. Then, large secured personal loans are from $5,000 to $10,00 and also repaid over a 13 – 24 month period.
In addition, if you are unsure what the difference is between a secured and unsecured loan, don’t worry we have you covered!
Unsecured personal loans are loans that don’t require equity. Small unsecured loans are perfect for someone who needs an extra boost of funds to afford their dream wheels. Otherwise, if you’re hunting around for a used bike, a small used bike loan would fit you perfectly.
A secured personal loan is a loan that is secured by equity. Either another motorbike, car, boat or caravan are suitable forms of equity. A secured personal loan amount ranges from $2,001 to $10,000 and is perfect for someone hunting down their second bike to add to the collection. They’re also great for anyone looking for further addition to their motorbike fund.
Now you have all the information you need to help choose the right loan for you. If you have any further enquiries about the types of loans we offer, send us an email or call us today on 1300 189 823.
Alternatively you can go to the Moneysmart website
How do I apply for a bike loan?
Jacaranda Finance has designed a loan process that is easy to follow. Here are a few simple steps to follow when applying for a loan.
Step one: Applying online
Submitting your application online is simple and is paperwork free! Our online loan application could only take minutes to complete. That’s it!
Step two: Assessing your application
Once your application is submitted, we will assess it based on the personal details you provide. We will determine whether one of our loans are suitable for you.
Step three: No paperwork application
When it comes to supplying supporting documents with your application, we utilise the latest in safe banking technology. As a result, we are able to access your bank statements and evaluate your spending habits to see if you’re suitable for our quick loans. We may need to contact you for further documentation depending on your situation. If this is the case, we will let you know via SMS or email.
Step four: Responsible lending
When assessing your application we adhere to responsible lending practices. We never lend money to customers who cannot afford repayments. The last thing we want is to land you in unmanageable debt!
Step five: Get your Moolah!
Once you submit your application, sit back and enjoy a cup of tea and a good book. If you are approved, we’ll transfer your funds into a nominated bank account almost as soon as we have received your signed loan contract! You’ll receive the money not long after. However, time will vary depending on the speed of your bank and what documents you supply.
What do you need to apply for a bike loan?
When applying for a bike loan at Jacaranda Finance, we have a checklist to assess whether you are eligible. Here is our handy checklist to look over before you apply for your bike loan:
for one of our personal loans, you must:
Be over 18 years of age
Receive a regular income into a personal bank account
Be an Australian citizen, or have permanent residency
Have a valid mobiler number and email address
Once you have checked you meet all these requirements you are ready to apply for a bike loan today!
Do we perform credit checks?
We do adhere to responsible lending practices and as a result, we do perform credit checks. However, we encourage anyone to apply, despite past financial mishaps. We want to give every customer a fair go, whilst continuing to honour our duties as responsible lenders.
We are, however, more lenient than traditional lenders. Jacaranda Finance is 100% online so, why not just apply and have a chat with our friendly customer service staff about your situation.
Can I still apply for a bike if I have bad credit?
We assess all our applications individually and encourage all those looking for a bike loan to apply. We are more flexible than traditional lenders and our assessment criteria are based on analysing your relationship with money and present financial situation.
Am I still eligible for a bike loan whilst receiving Centrelink payments?
We consider Centrelink payments a source of income. As long as you are receiving regular income for the past 90 days, you can apply for a bike loan.
We encourage everyone to apply for a bike loan. Whether you have bad credit or are receiving Centrelink payments, it should not deter you from applying.
How do bike loan repayments work?
Jacaranda Finance has designed a super easy and simple system for your loan repayments.
Using the latest in safe banking technology, we automatically debit your nominated bank account with your repayment amount. You can choose to schedule your repayments fortnightly or weekly to suit any other financial commitments.