Budget Bikes Inc. offers several financing options for your convenience. These options can be used for parts, service and repair, or purchase of your new ATV, Motorcycle, Scooter, UTV or Go Kart.
If you have an established relationship with a financial institution, Budget Bikes Inc. recommends financing with them for the best interest rate.
If you do not have a long term relationship with a bank or you have never had a loan, or if you would like to begin re-establishing your credit rating, Budget Bikes recommends the following options:
Budget Bikes Layaway Plan
Budget Bikes Inc. offers 90 Day Layaway for any new vehicle in our inventory! Just put down one third of the total purchase price including tax and take up to 90 days to pay the balance! Budget Bikes will set aside the vehicle you select for the layaway period. The balance must be paid in full prior to the end of the layaway period. We will take the bike off the market for you, and therefore there will be NO refunds!! Deposits may be forfeited at Budget Bike's option if the balance is not paid within 90 days.
Conventional "Second Chance" Financing
Springleaf Financial (formerly American General Financing) is a nationwide lender that offers conventional loans for powersports customers. These loans may or may not be secured by the vehicle you are financing and interest rates will vary according to your credit history. In some cases Springleaf may require additional security (collateral) to get your loan. Springleaf does not charge any application fee and will usually give you an answer in one hour or less. You can submit a secure online application by clicking
HERE. You can reach the Pearland Springleaf office at 832-736-9081 or locate an office near you by visiting
http://www.springleaffinancial.com/consumer-loans/personal-loans.html
NEW!!! NO CREDIT CHECK Financing!! 90 Days Same As Cash!!
Progressive Finance in Utah can help you finance your purchase with NO credit check! Their unique approach allows you to enter into a lease-purchase agreement, similar to those offered at "Rent-To-Own" stores.
You must satisfy the following requirements to receive Progressive’s no credit check financing.
- Must be employed by the same employer for at least six months
- Must gross at least $1000 per month
- Must have a checking account that’s been open and active for at least three
months
- No NSFs or overdrafts in three months
- Must show at least $500 deposited a month and show at least five
transactions
- Pay a $40.00 application fee
The Progressive lease-purchase program charges 15% of the invoice amount per month. If your purchase is $1,000, your payment will be $150 per month for 12 months. You can pay your balance early, with 90 days same as cash!! After 90 days you can pay off your agreement early at any time by paying only 65% of the outstanding balance at the time of your payment!
To apply for No Credit Check financing, click
HERE. You can contact Progressive directly by calling toll-free at 1-877-898-1970, or visit them on the web at
www.progfinance.com.