Specialized Bicycle Finance is brought to you by Specialized Bicycles South Africa, in partnership with Yonda, SA's leading bicycle finance broker, SA's leading leisure finance banks.
Pre-approvals are done in less than 5 minutes, during office hours. You will receice an email with further instructions thereafter. From there it's up to you and how fast you can get us the docs we need.
From our side we can do a deal in a day, however, average deal time is 3 to 5 days though.
Yonda is the market leader in Oudoor Finance in South Africa with a network of 180 accredited dealers nationwide, intense knowledge of the products we finance and offering the lowest interest rates.
Partnered with SA's leading leisure finance bank's Yonda is able to get you the best rate and lowest repayments available.
Everyone is different. You will go through the normal application and scoring process for a loan. Rates depend on your credit worthiness. We guarantee the lowest rates in SA and they are fixed, I.E. you will pay the same interest rate for the duration of your loan.
Yes there is normally a deposit payable on New assets, starting from R4100. Used assets normally dont attract a deposit.
Yes, and there is no penalty for additional payments or early settlement.
It’s your decision: 12, 24, 36 or 48 months. Choose what suits your budget best.
Fill in the Applysection in this website above to start the process.
There will be an Initiation and Service fee added onto your deal, which can be financed along with your asset. These will be clearly laid out in the finance quote you will receive if your deal is approved.
These fees are:
1. Wesbank Finance Initiation fee of R1207,50 incl.
2. Yonda service fee of R2875 incl.
Our service fee covers admin, processing, FICA verification and managing the delivery of the item.
As an example, using our average price, term and interest rate, these fees add R73 to your monthly repayment.
Yes, you can finance anything from R20 000 upwards.
You can finance any value bicycle, but the maximum principal debt amount is R200 000. IE, a R220 000 bicycle requires a R20000 deposit.