Frequently Asked Questions

Who can Finance a bike through I-ME Gear Bicycle Finance?

Any business or business owner, as well as, any individual over 18 years with employment of at least 12 months.

From which bike shop can I buy my bike financed by I-ME?

I-ME has a lot of approved dealers on the books where we know you will get the best service, BUT we will finance your bike from any dealer.

Can I finance a second hand bike?

Unfortunately not, we only finance new bikes.

Do I have to pay a deposit?

NO, in most cases I-ME does not require you to pay a deposit, But if you elect to pay one we will accept it.

Over what term can I finance my bike through I-ME?

Over 12 or 24 months.

Does my premium stay the same for the term or are there any escalations?

There are no escalations and your premium stays the same for the duration of the contract.

Is there any additional costs?

We do not charge any monthly fees other than the premium, there is only a once off contract fee of R750 ex VAT

How does ownership work?

Ownership does not transfer automatically, but client can have ownership at the end of term.

How long does the process take?

We will give you a formal approval in writing within 6 business hours.

Can I choose to settle early?

Yes, we do allow for early settlement. However most of our clients choose to upgrade their equipment.

Can I work out how much I will pay?

Yes, use the calculator on our website if you want an idea of what your monthly premiums will be.

What exactly can I finance through I-ME?

You can finance any bicycle and/or serialized accessory like wheels & group sets.

How do I apply?

Three ways:

  1. Download the application and send it back to us, along with all your supporting documents
  2. Apply on our user-friendly online application form
  3. Contract one of our friendly consultants and they will walk you through the process