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Financing an e-bike in
Colorado

Colorado’s biggest e-bike help is its rebate, not a loan — but one mission bank does finance e-bikes.

Credit-union bike loans in Colorado

In Colorado, the standout is the rebate, not a loan — the state knocks $225 off at the register and Denver stacks more on top. For the part you finance, First Southwest Bank — a rural-Colorado mission bank — lends on Colorado-legal Class 1–3 e-bikes (motor ≤750W), though it doesn’t publish rates. Statewide, Clean Energy Credit Union’s e-bike loan (from 8.24%) is open to anyone.

Verified Jun 2, 2026 First Southwest Bank page ↗

Colorado lenders we can verify

Local lenders plus the national ones anyone can join. Sort by rate or loan size.

Rates come from each lender’s own page — these are directory listings, not affiliate links. Regional lenders need you to live or work in their area.

6 options
Loan typeFrom
Open to anyonePenFed Credit UnionPersonal loan (bike-eligible)NationwideFrom 6.09% (with autopay)Up to $50,000Up to 60 moTheir loan page
First Tech Federal Credit UnionPersonal loan (bike-eligible)Nationwide6.99–18.00%$500–$50,0006–84 moTheir loan page
Open to all 50 statesClean Energy Credit UnionDedicated e-bike loanNationwide (online)From 8.24% (with autopay)$500–$15,00036–84 moTheir loan page
Alliant Credit UnionPersonal loan (bike-eligible)NationwideFrom 8.74% (with autopay)$1,000–$100,00012–60 moTheir loan page
Connexus Credit UnionPersonal loan (bike-eligible)Nationwide9.49–18.49%$1,000–$50,00024–84 moTheir loan page
First Southwest BankDedicated e-bike loanRural ColoradoNot publishedUp to the purchase priceNot publishedTheir loan page

“As low as” rates assume strong credit, usually with autopay — yours may be higher. “Personal loan” rows are general loans you can spend on a bike, not bike-specific products. Confirm eligibility and terms on the lender’s page before applying. Last checked 2 June 2026.

The local picture

Colorado is unusual in that the rebate comes off at the register: the $225 point-of-sale credit (plus Denver’s voucher) cuts the price before you borrow, so anything you finance is a smaller loan.

Before you borrow

Borrow less, pay less. A rebate shrinks the loan.

A credit union sets the rate; a rebate sets the amount. Claim any Colorado e-bike rebate you qualify for first, then finance what’s left — you’ll pay interest on a smaller number, sometimes small enough that you barely need a loan at all.

What Colorado riders ask

Which Colorado lender finances an e-bike?

First Southwest Bank, a CDFI mission bank serving rural Colorado, has a dedicated e-bike loan for Colorado-legal Class 1–3 e-bikes (motor ≤750W, no gas, no full-suspension mountain bikes). It doesn’t publish rates — you contact the bank. Clean Energy Credit Union’s e-bike loan is open statewide.

How does the Colorado rebate affect a loan?

Colorado’s $225 credit comes straight off the price at a registered retailer, and Denver’s voucher can stack for up to $900 off — both lower the amount you’d finance, and the interest on it.

Can any Coloradan join a national credit union for a bike loan?

Yes. PenFed (from 6.09%), First Tech, Alliant and Connexus all let anyone in the US join, often via a small one-time donation. Clean Energy Credit Union’s dedicated e-bike loan (from 8.24%) is also open in every state.

What counts as a street-legal e-bike in Colorado?

Colorado recognises Class 1, 2 and 3 e-bikes with a motor of 750W or less. First Southwest Bank’s loan follows that definition and excludes gas bikes and full-suspension mountain bikes.

Looking beyond Colorado? See every credit-union bike loan we can verify, or compare all the ways to finance a bike.