Budget Bikes Inc. offers several financing options for your convenience. These options can be used for parts, service and repair, or to purchase your new ATV, Motorcycle, Scooter, UTV or Go Kart.
If you have an established lending relationship with a financial institution, Budget Bikes Inc. recommends financing with them for the best interest rate, longest term, and lowest payment option.
Budget Bikes also offers the following options for customers who do not want run a credit check at all, or who want to establish a new line of credit:
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. Unlike other dealers, Budget Bikes will GUARANTEE your color choice because Budget Bikes will actually set aside the vehicle for you. Please note that deposits are non-refundable since we will be taking your vehicle off of the market. Deposits may, at Budget Bikes option, be converted to store credit if the balance is not paid within 90 days. Deposits CAN be applied to another vehicle during the 90 days if the customer chooses to do so.
Conventional Financing (Credit Check)
Springleaf Financial Services 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. Springleaf does not charge any application fee and will usually give you an answer in one hour or less during business hours. Click the application link below, or you can apply by phone by calling the Texas City Springleaf office at 409-316-0778.
***NEW & EXCLUSIVELY AT BUDGET BIKES INC.***
FLEX-PAY FINANCING WITH NO CREDIT CHECK!!
Budget Bikes Inc. now offers an exclusive "Flex-Pay" financing option that allows customers to finance new vehicles WITHOUT A CREDIT CHECK at an interest rate that is up to 70% less than that of ANY competitor!! New in 2014 -- you can now choose between 3, 6, 9, and 12 month programs!!
Budget Bikes does not charge any additional fee and the Flex Pay program is NOT a lease purchase plan like Progressive Finance - you own the vehicle with no liens on the day you buy it! Exact payment plans are shown under the pictures of many of the products on this site, but the Flex Pay Plan applies to every vehicle sold by Budget Bikes, whether the payment schedule is listed here or not. To qualify, click on the pre-approval button below and register with Global Check. You will need to be prepared to either fax, scan and upload or email the documents listed below to Global Check. If you are not able to fax, scan, or email these documents you may bring them to Budget Bikes, but your approval will not be finalized until the documents have been submitted:
- Most recent CHECKING account bank statement with daily balances shown, or if your bank does not show daily balances on their statements, you can print it out by logging into your account and showing the previous month's checking account activity. Savings accounts are not eligible.
- A government issued photo ID - driver's license, passport, etc.
- Most recent pay stub (spouses can bring two pay stubs if they wish to have both incomes considered, and Social Security or Pension benefit letters can also be used to prove income)
- A blank check with your name imprinted, or if you do not use checks (debit only), you will need to print a bank verification form and have it signed by your bank to prove your ownership of the account. If you send a check, PLEASE BRING IT WITH YOU TO THE STORE so we can scan it on our global check terminal scanner.
Once those documents have been sent, your financing will be decided based on your income amount and your bank account history. Your income will likely have to be at least twice the amount you are looking to borrow, and there cannot be any recent returned (bounced) checks on your bank statement. Be prepared for a deposit of approximately 15-20%, and an interest rate of approximately 15% over 6 months.
NO CREDIT CHECK Financing by Progressive - 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. NOTE: This option is only available for non-titled vehicles such as go carts, etc.
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
- No NSFs or overdrafts in three months
- Must show at least $500 deposited a month and show at least five
- Pay a $50.00 application fee (only if purchase is completed)
The Progressive lease-purchase program charges 15% of the amount borrowed 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 by Progressive, click the button below. You can contact Progressive directly by calling toll-free at 1-877-898-1970, or visit them on the web at www.progfinance.com
We also accept instant payments via Paypal and financed payments from "Bill me Later", a Paypal program.