Joyride Fleet Financing
Get the funds you need to take your business to the next level. Joyride offers complete vehicle-based financing with competitive rates that you won’t find elsewhere.
Get Pre-Qualified
“Joyride not only gave us access to the amount of scooters we needed but also provided us with a terrific funding solution to maintain our growth.”
Scottee, German Scooter Share Operator
First. Fastest. Financing.
We understand that securing financing in the mobility space can be a challenge, especially for entrepreneurs in the early stages of growth. That’s why we offer a unique solution that bridges the gap between traditional lending partners, venture capital firms and banks.
Get Pre-Qualified
FAQs
Have questions? Get answers with our Finance FAQ below.
With Joyride, securing financing has never been easier. Our simple 3-step process is designed to provide you with a smooth experience and fast access to the capital you need to grow your fleet.
Step 1: Get Pre-Qualified - To begin, fill out a simple form with some basic information about your business. This will help us determine if you meet our minimum requirements for financing.
Step 2: Submit All Documentation and Formal Application - Once pre-qualified, we will request some additional documentation from you. Our team will review your application and get back to you promptly.
Step 3: Get Financed - Once approved, we will work with you to finalize the financing agreement and provide the vehicle financing funds you need to grow your business. We offer flexible financing options, competitive rates and fast turnaround times.
Joyride's financing process typically takes between 7 to 10 business days to get approved. Our team works diligently to ensure a streamlined process, so you can get your fleet up and running as quickly as possible.
Joyride financing is applicable for vehicles only, including electric bikes, electric scooters and other light electric vehicles. Whether you're a new operator needing capital to launch your fleet or an established one looking to expand your operation, Joyride financing is designed to help. Please note that we have a three-month minimum operations qualification.
We understand that each operator's financial situation is unique. That's why we offer a range of financing options to best suit your needs. Choose from short or long-term leases, traditional financing, or a short-term line of credit.
Joyride's financing program is designed to offer flexibility and support to operators in the micromobility industry. For those who meet our minimum credit and length of time in business requirements, no down payment is typically required. Upon lease execution, only an amount equal to the first lease payment is needed. This allows operators to maintain cash flow while securing the funds they need to grow their fleets.
Joyride does not require personal guarantees or collateral. While it may be helpful, as long as the business meets certain minimum credit requirements, personal guarantees are not needed. In some cases, another related business can act as a guarantor for a lease instead of owners or partners acting as guarantors.
Please contact us for more information.
Why Joyride Financing?
It all comes back to our focus on enabling new and existing operators to self-serve and grow their fleets entirely on Joyride’s platform.