Motorbike loan

• tailor repayments to suit your income, with weekly, fortnightly or monthly instalments
• choose a loan term to suit your budget (up to 60 months) - the longer the term, the lower your repayments
• we'll give you the best interest rate we can, based on your personal profile

If you're in business, you may claim GST on your vehicle purchase price at the start of the loan. The vehicle is recorded as an asset on your balance sheet, so you can claim depreciation.

Apply for a loan

Finance lease

Leasing is a cost-effective way to use a vehicle without the responsibility of ownership.

• lease term of 46 to 48 months
• fixed payments for the term of the lease
• business customers may be able to claim GST, find out more
• long term lease with the option to buy

Vehicle leasing is a convenient option if you use your vehicle for business, plan to use the vehicle for a fixed period of time, or like to upgrade regularly.

Cost of borrowing and standard terms

For information about standard form contract terms, interest rates and fees, when financing with MTF Finance, see Cost of borrowing

Standard terms

• Credit contract loan rules and information (from 30 Nov 2020)
• Credit contract standard terms (where contract is assigned to MTF Finance/TEL)
• Finance lease standard terms

• Compare loan vs. lease

• 	Loan	Finance lease
  Ownership
  At the end of the contract
  Residual value liability
  Goods
  Can be new or used
  Are recorded on your balance sheet
  Interest
  Fixed rate for the full term of the contract
  Calculated on GST-inclusive price
  Calculated on GST-exclusive price
  Tax benefits for business
  Interest and deprecation are deductible
  GST
  Calculated on goods value
  Risk protection
  Comprehensive insurance (required)
  Mechanical breakdown insurance (optional)
  Payment waiver (optional)
  Term
  Minimum-maximum	3-48 mths	46-48 mths