Choose a loan that suits you best – apply for a secured or unsecured loan
Different types of loans differ from each other in terms of collateral, interest rate and maximum loan amount. You can choose a loan with or without a collateral. You can use, for example, your home, equities or forest as collateral for your loan.
Apply for an unsecured loan – quickly online
Special Consumer Credit is an unsecured loan. It is a quick way to finance a motorcycle. As a rule, you will get a loan decision right away. The interest rate for Special Consumer Credit is usually 6–8%. You can get a motorcycle loan of up to 15,000 euros without collateral. Only OP customers can apply for a loan without collateral.
Apply for a secured loan for large purchases – available for all banks’ customers
Bank loan is a secured loan. Its interest rate is usually 2–4%. You will need collateral or a guarantor for the loan. As collateral, you can use, for example, a home that you own, forest or other assets. If you have made payments on your home loan and your home serves as collateral for it, some of its value may be free for use as collateral for your new loan.
You can apply for a secured loan, in other words, bank loan or hire purchase, even if you are not an OP customer. You can get a secured bank loan starting from 8,000 euros.
You can choose hire purchase if you buy a motorcycle from a dealer
Hire purchase is a good alternative if you don’t have assets that you can use as loan collateral. In hire purchase, the vehicle being purchased serves as a collateral.
You can apply for hire purchase for various types of vehicles, such as motorcycles, cars and all-terrain vehicles (ATVs). You can choose hire purchase if you buy a motorcycle or an ATV from a dealer that offers OP’s hire purchase as a payment option.
Apply online – you will get the loan decision quickly
Apply for a motorcycle loan online. You will get the loan decision quickly. As a rule, you will get a decision on an unsecured loan right away. For a secured loan, you will get the loan decision within 1–3 days.
Earn OP bonuses with a motorcycle loan
As an owner-customer, you will earn OP bonuses through a loan with us. You can use bonuses to pay, for example, your motorcycle insurance premiums. For example, if you have a loan of 15,000 euros with us, you will be entitled to OP bonuses worth 37.50 euros per year.