A motorcycle title loan lets you use your motorcycle as collateral to get cash quickly, sometimes even on the same business day.* You provide your motorcycle title as a guarantee that you will repay the loan, and receive funds in return.
You then repay the loan with interest, and once it is fully paid off, your title is returned. If you do not repay according to the agreed terms, your motorcycle can be repossessed.
Key Takeaways
- Keep riding your motorcycle: Use your bike as collateral to get same-day funds* while you continue riding it.
- Bad credit may be okay: For approval, we look mainly at what your motorcycle is worth and whether you can afford the payments, not just your credit score.
- Another option when banks say no: A motorcycle title loan may help when traditional loans aren’t available.
- Know the risks: Rates can be high, and missed payments may lead to repossession of your bike, according to state law.
How Do I Get a Motorcycle Title Loan Online?
1. Apply in Minutes
Complete our online application in about 7 minutes* to see if you pre-qualify and get a free estimate. Provide basic information about your motorcycle, income, and contact details. Prefer in-person service? You can also apply at a Swift Title Loans store near you.
2. Send Documents & Motorcycle Photos
If you want to continue, upload your income documents and motorcycle photos. We use them to verify your information, review your title, and estimate your motorcycle’s value. In most cases, photos replace the physical vehicle inspection,^ but in-person service is also available if needed.
3. Review Your Offer & Get Funded
Review your final offer, including your payments and total loan cost. If you accept the terms, sign your agreement and receive your funds. Same-day funding may be available if the process is completed before noon on a business day. You keep your motorcycle and continue riding while repaying the loan.
Start the quick and easy application process today by applying online to find out how much cash you can get from your motorcycle title loan with no obligations.
How Do Motorcycle Title Loans Work?
A motorcycle title loan lets you borrow against your bike’s equity while continuing to ride it. We base approval mainly on three things:
- Motorcycle value and equity, verified through an inspection or photos.
- Ability to repay, shown through pay stubs, bank statements, benefits, pension, 1099 income, or other reliable income.
- State law, which determines the rules, rates, and terms available to you.
If approved, you may be able to borrow around 25%–50% of your motorcycle’s value. Once the loan is fully repaid, we release the lien on your title.
Benefits of a Motorcycle Title Loan
Using your motorcycle as collateral for a title loan offers several notable benefits, including:
- Borrow up to $50,000, subject to your state’s limits
- Same-day loan approval in some cases*
- Continue riding your motorcycle while repaying the loan
- No prepayment penalties for early repayment
- Approval possible even with bad credit
- Simple and efficient application loan process
- No hidden fees
What Do I Need to Get a Motorcycle Title Loan?
Requirements vary by state, but these are the six things we ask for. You can send them all from your phone, or bring them to a Swift store.
- Motorcycle title in your name. Lien-free or nearly paid off. The name on the title has to match the name on your ID.
- Government-issued photo ID. A driver’s license, passport or state ID. You must be at least 18.
- Proof of income. Pay stubs, bank statements, or benefit and award letters. Income does not have to be a salary.
- Proof of address. A recent bill, a lease, or official mail.
- Proof of motorcycle insurance. At minimum the liability cover your state requires.
- Photos of your motorcycle. Both sides, the front and rear, the odometer and the VIN. This is how we value your motorcycle, and it is what replaces a drive-in inspection.^
Frequently Asked Questions
What Is the Minimum Credit Score for a Motorcycle Title Loan?
There is no minimum credit score for a motorcycle loan. You can be approved even if you have no credit.
Approval depends on your motorcycle’s equity and your ability to repay, shown through income such as pay stubs, bank statements, benefits, or pension. As long as you have a lien-free motorcycle title in your name with some equity and can show income, your approval odds are good.
You can apply and see if you pre-qualify in about 7 minutes*, with no obligation.
How Do Motorcycle Title Loans Work in Florida?
Like other title loans, you borrow against your motorcycle while keeping and riding it. We mainly look at three things: your motorcycle’s value and equity, your ability to repay, and Florida law. Every state sets its own limits, so Florida shows how those rules shape what a loan costs.
You can apply by providing your information and motorcycle photos. Florida title loans generally start with a 30-day term. Under the Florida Title Loan Act, interest is capped at 30% per year on the first $2,000, 24% on the next $1,000, and 18% on amounts above $3,000.
For example, a $4,000 title loan on a used Harley-Davidson Street Glide may look like this:
| Loan Amount | 30-Day Interest | Amount After 30 Days |
|---|---|---|
| $4,000 | $85 | $4,085 |
You can pay off the loan early without a prepayment penalty. Once the loan is fully repaid, we release the lien on your motorcycle title.
What Is the Smallest Title Loan?
The smallest loan we fund is around $100. Most of our clients receive a few hundred to a few thousand dollars. What you can borrow depends on your motorcycle’s value, your ability to repay, and the limits set by your state’s title loan laws.
Is It Smart to Use Your Motorcycle as Collateral?
Using your motorcycle as collateral can be smart if you need cash quickly and are confident in your ability to repay the loan. However, it carries the risk of losing your motorcycle if you default on the loan, so it’s important to consider your financial situation and explore all options before proceeding.
