Electric motorbike finance

Electric motorbikes may have only recently seen a surge in popularity, but we've been a trusted auto finance provider for more than 20 years:

• During that time, we've approved more than 300,000 people for finance
• We're rated 4.9/5 by customers on Smart Money People
• We're six-time winners of Feefo's Platinum Trusted Service Award

Thinking about making the switch to an electric bike? You're not alone! Data from Google suggests more people are searching for information on these types of rides, while the global industry is set to carry on growing. But even if you've decided electric is the way forward, that doesn't always mean your ideal bike is within reach. 

For some, the upfront cost of an electric bike is simply unaffordable. But, the electric motorbike finance options from First Response Finance can help. We're an award-winning provider, winning Feefo's Platinum Trusted Service Award in six of the last seven years. You can count on us, and we're here to help you find the right bike - on terms that work for your personal circumstances.

We provide finance via a Hire Purchase agreement. You can apply to borrow between £2,000 and £15,000, with repayment terms of 18 to 61 months. Here's how it works:

1. You pay a deposit on your bike and borrow the rest of the money from us.
2. We offer finance over an agreed period of time. You then make fixed weekly or monthly payments towards the loan. 
3. You're charged interest on those repayments, so you end up paying back more than you first borrowed. 
4. Once the final payment has been made, the bike - whether it's an electric dirt bike or a road bike - is legally yours.

Just so you know... we may not always require a deposit. It will depend on the value of the bike and your credit limit.

Our Deal Making team can help you there! Once you've been approved for finance you can speak to them via:

• Phone on 0141 848 8933
• Email at dealmaking@frfl.co.uk
• WhatsApp

Good question. Craig, our Head of Underwriting, provides his expert take: 

"Generally speaking, electric motorbikes come with a higher price point than those with a petrol or diesel engine. This can make them more expensive to finance, because you may need to borrow more money to cover the value of the bike.

"But we treat all our customers as the unique individuals they are, because everyone's circumstances are different. In truth, the cost of your finance will depend on a lot of factors, including the price of the motorbike and the length of your repayment terms. We'd always recommend using our free calculator tool before you think about applying. It's quick, has no impact on your credit score, and it can give you an idea of the overall cost of your electric motorbike finance."

Yes, we may still be able to approve you for bad credit bike finance even if you have a less-than-perfect credit score. We understand you may have been declined elsewhere, or you might have a poor history with credit. We don't believe any of these factors should be automatic barriers to accessing the finance you need, so we may still be able to help you.

Will my credit score be affected when I apply?

Not when you first get a quote, no. At that point, we'll run a soft credit check that shouldn't show up on your file. If you move ahead with your application, we'll need to run a hard credit check, which will be noted on your file. But it's important to remember that you can take steps towards actively improving your score by repaying your electric motorbike finance in full and on time.