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Frequently asked questions

Who are we?


We are just like you…a bunch of people who love bicycles, and living the outdoor life.

We have years of bike and finance experience and put all this passion into our service to you. Specialized has teamed up with Yonda and WesBank to bring you SA's best bicycle finance product, period.




Why borrow through Yonda/ WesBank?


Yonda is the market leader in Bicycle Finance in South Africa, offering the lowest interest rates.

With over 40 years' experience in the industry, our finance partners, WesBank, are SA's leading Vehicle and Asset Finance providers.




How much will I pay?


Everyone is different. You will go through the normal application and scoring process for a loan. Rates depend on your credit worthiness. Rates start from 14%, and are fixed.




Do I need to pay a deposit?


Yes there is normally a 10% deposit payable on New bikes.




Can I settle early?


Yes, and there is no penalty for additional payments or early settlement.




How long can I finance this for?


It’s your decision: 12, 24, 36, or 48 months. Choose what suits your budget best.




So what can I finance?


Any NEW (2017/2018/2019) bike with a minimum value, including allowed accessories, of R20 000 and up to a maximum of R100 000. You can finance 2 bikes but will need a separate quote for each bike, where each bike is at least R20 000.

  • You MAY ONLY add:
    • Pedals
    • Handlebars
    • Helmet
    • Bottle Cage
  • Finance only available to private individuals, not companies
We do have a facility avialable for financing trainers, wheels, suspension and other accessories not listed above. Just be sure to submit a separate application and invoice for these.




Why finance outdoor, adventure or lifestyle assets?


Would you buy accessories on your credit card? That’s finance right… We just offer a specific product at a better interest rate than most credit cards.

Besides, we don’t see accessories as luxuries anymore; they’re an important part of an outdoor lifestyle. Got a gym membership? This is like a membership to the awesome lifestyle of travel and adventure.




Ok this looks good. How do I clip in?


You like us, and we like you. Fill in the Apply now section in this website above to start the process.




How long does this take?


Pre-approvals are done in less than 5 minutes. The whole process normally depends on how organized you are. Most deals take around 5 days.




Are there any additional fees?


There will be an Initiation and Service fee added onto your deal. 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 R2250 incl. Our service fee covers admin, processing, FICA verification and managing the delivery of the bike. As an example, using our average price, term and interest rate, these fees add R73 to your monthly repayment.





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