Motorcycle COE Renewal Loan
With the current COE trend and economic climate, COE premiums have become extremely expensive and are constantly rising not only for cars and commercial vehicles but also for motorcycles. Therefore, most motorcycle owners now prefer renewing their COE rather than buying a new one – a cheaper and more practical option than purchasing a new motorcycle.
As the first local car financing company to offer COE Renewal Loans in Singapore, Speed Credit has had a well-earned reputation as one of the best financing companies in Singapore, offering the cheapest and most flexible COE Renewal financing terms.
5.98%
APRIL PROMOTIONAL
INTEREST RATE
From $150+
MONTHLY
INSTALMENT
7 YEARS
REPAYMENT
PERIOD
$0
DOWNPAYMENT
100%
PQP FINANCING & LOAN APPROVAL
22 YEARS
EXPERIENCE IN THE
AUTO FINANCE INDUSTRY
Motorycle COE Renewal Loan Application Process
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- Call us at 6444-4400 to speak to our car finance representative. Alternatively, you can simply fill out our online COE enquiry form here for a much faster processing.
- Wait for our car finance specialists’ reply or instructions.
- Submit all the required documents via fax (6444-4455) or email (loan@speedcredit.com.sg)
- Once all documents are completed, we will submit your In-house Motorcycle COE Renewal Loan Application immediately.
- We will notify you within 1 working day regarding the status of your application.
- Once your used car loan application is approved, our car finance specialist will contact you for further instructions.
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Requirements for Motorcycle COE Renewal Loan Submission
Buyer
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- Loan Application Form (Preferred 2 Signed , At least 1 is filled & signed)
- Clear Copy Of NRIC (Front & Back)
- Income Documents (Any of the following)
- Latest 6 Months CPF
- 2 Years Notice Of Assesement
- Latest 3 Months Computerized Payslip
- Sales & Purchase Agreement (If Applicable)
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Seller
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- Vehicle Log Card / Acknowledgement
- Clear Copy Of NRIC (Front & Back)
- Authorization Form To Check Full Settlement (If Vehicle is still under Finance)
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Guarantor
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- Loan Application Form (Preferred 2 Signed , At least 1 is filled & signed)
- Clear Copy Of NRIC (Front & Back)
- Income Documents (Any of the following )
- Latest 6 Months CPF
- 2 Years Notice Of Assesement
- Latest 3 Months Computerized Payslip
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Buyer
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- Loan Application Form (Preferred 2 chop & Signed , At least 1 is filled , chop & signed )
- Clear Copy Of Acra (Printed Within 3 Months )
- Latest 3 Months Bank Statement
- Sales & Purchase Agreement (If Applicable)
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Guarantor (Director of Company)
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- Loan Application Form (Preferred 2 Signed , At least 1 is filled & signed)
- Clear Copy Of NRIC (Front & Back)
- Income Documents (Any of the following )
- Latest 6 Months CPF
- 2 Years Notice Of Assesement
- Latest 3 Months Computerized Payslip
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Seller
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- Vehicle Log Card / Acknowledgement
- Clear Copy Of NRIC (Front & Back)
- Authorization Form To Check Full Settlement (If Vehicle is still under Finance)
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Buyer
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- Loan Application Form (Preferred 2 Signed , At least 1 is filled & signed)
- Clear Copy Of Passport
- Income Documents (Any of the following)
- Latest 6 Months CPF
- 2 Years Notice Of Assesement
- Latest 3 Months Computerized Payslip
- Clear Copy Of Employment Pass (Front & Back)
- Full Set Employment Agreement
- Sales & Purchase Agreement (If Applicable)
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Seller
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- Vehicle Log Card / Acknowledgement
- Clear Copy Of NRIC (Front & Back)
- Authorization Form To Check Full Settlement (If Vehicle is still under Finance)
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Guarantor (Must be a Singaporean)
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- Loan Application Form (Preferred 2 Signed , At least 1 is filled & signed)
- Clear Copy Of NRIC (Front & Back)
- Income Documents (Any of the following )
- Latest 6 Months CPF
- 2 Years Notice Of Assesement
- Latest 3 Months Computerized Payslip
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