PauTravelMoto is a small company focused on motorbike travel, especially the rental of motorbikes ready to travel and the organisation of motorbike trips. It was our passion for motorbikes that led us to set up this company, and that’s why we do things in an original way, with a lot of dedication and enthusiasm so that everything turns out well. We have also been creative in the way we finance ourselves: on the one hand, the company is well capitalised and has partners who are committed to the company’s mission; on the other hand, we have a supportive financial community that has been building up since the company started.
Four years ago we realised that the bank was charging 6-7% for financing between interest, commissions, insurance…; while it was only paying 1%, to the more fortunate ones. It seemed to us that things could be done differently, so we launched our own programme of loans secured by the motorbikes for private individuals, offering an annual remuneration of 4% to 5%. That way we all win, except the bank.
Simple, isn’t it? The truth is that the programme has been successful from the start, and this has allowed us to build a business independent of bank financing.
Motorcycle-secured loans explained in 1 minute
In June 2017 we will launch the guarantee loan program for motorcycles. It will be a pleasant surprise to see that some people who have not previously connected, trust and support our company.
Any time this is a success, it allows us to meet our financial needs for growth, now that a community of people linked to PauTravelMoto has been created.
After the difficult period of the Covid pandemic, 2021 has been an intense year with a spectacular second half of the year and we face an exciting future in the next years. For this reason, in 2022 we launch this new edition to finance the motorcycles that we are going to add to the rental fleet to service the reserves and growth we face. In our fifth year, PauTravelMoto is a company with a track record, known in the sector, which has a large premises in Barcelona and committed partners.
Characteristics of the guaranteed loan program
Purchase of motorcycles. L’import is intended exclusively for the purchase of motorcycles. The total cost of each motorcycle is made up of three factors: purchase of the motorcycle, additional travel equipment and associated taxes. The cost of the motorcycles is variable and ranges from €3,000 for a Honda CB125F to more than €20,000 for a BMW R1250GS. However, each loan can be collected for one or more motorcycles in order to add up to the necessary warranty value.
Import. To diversify the risk and guarantee early repayments we limit the amount of loans. It may not depend on the bank, but nor on a specific individual; The grace of the system is to have a financial community, which at this moment is made up of a dozen people. The amount of each loan can range between €5,000 and €60,000.
Remuneration. The program has an interesting remuneration because the pact continues benefits for all its parts. An interest rate is offered between the current bank remuneration of the bank, which oscillates between 0.5% and 1%; and the cost of bank credit for PauTravelMoto, between 6% and 7%. Currently we pay 4% to 5% annually. Interest is paid at the end of each quarter, when it is deposited and withheld by Hisenda.
Although remuneration is usually the main reason for participating in the program, there are other additional advantages that may be interesting in some cases, such as the discount on frequent motorcycle rentals or simply for an emotional issue of participating in the development of the company:
Discount on motorcycle rental. Permanent savings of 30% on the public rate, when renting the financed motorcycle or equivalent model. Not combinable with other promotions.
Without blocking the deposit on rentals. It is not necessary to block the credit card when renting a motorcycle, since the loan itself acts as a guarantee.
Preference in purchasing used motorcycles. As a linked group, they are given preference for the purchase of used motorcycles in the renewal of the fleet.
Baptism of the fleet’s motorcycles. Our motorcycles are baptized and lenders, if they wish, can also baptize one of our motorcycles.
An insured investment: 8 guarantees for your peace of mind
Guarantee 1: The motorbikes
The money is guaranteed by our motorbikes. Motorbikes are liquid assets, which retain their value well and for which there is an active second-hand market.
Guarantee 2: Exclusive use of the money on the motorbikes
It is used exclusively for the purchase of the motorbikes. The operation of the business is financed with the capital of the partners and the current income from the rental of the motorbikes.
Guarantee 3: Liquidity
From day one, there is the possibility of unwinding the loans at any time, with one month’s notice. In extreme cases, there is always the possibility to sell the guarantee motorbike.
Guarantee 4: A capitalised company
We have a paid-up capital of €140,000, which together with other contributions from partners add up to €256,000. This shows the partners’ commitment to the future of the company.
Guarantee 5: Formalisation and registration
The formalisation of the loan is advised by Jordi Rodés, head of Ides Suport. The loan is registered with the Agència Tributària de Catalunya (ATC), an organism of the Generalitat de Catalunya.
Guarantee 6: Adequate insurance
The motorbikes have adequate insurance for the use of the motorbikes for hire. This insurance is different from that for private use, which is considerably more expensive in order to cover the liabilities arising from the activity.
Guarantee 7: Business transparency
Transparency is a key value in the management of PauTravelMoto. Periodic information is provided to lenders on the operation of the company along with the payment of interest.
Guarantee 8: Real references
We facilitate contact with current borrowers, who are available to interested parties to share their experience, resolve doubts or comment openly on any subject.
Simple and easy: 4 Steps to participate
Step 1: Provide ownership data and amount
Provide complete personal or corporate data to be used for the ownership of the guaranteed loan, attaching a copy of the DNI or CIF.
Specify the amount of the loan, in order to be able to assign the guarantee motorbikes to the loan.
Step 2: Deposit the money
The deposit of the loan is made directly to the current account of PauTravelMoto, indicating in the concept “Loan + the name of the lender”.
Step 3: Sign the contract
Once the transfer has been received, the loan contract is prepared for personal signature. It can also be signed by courier when the borrower resides in another city.
Step 4: Register with the Generalitat
The signed loan contract is registered with the Agència Tributària de Catalunya (ATC). The registered copy is sent to the borrower within a few days.
More information on how to invest your money in motorbikes
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