Ebike Finance is a great way to spread the cost of buying a new e-bike and accessories. We can offer finance for online purchases, remotely via email or in-store on any order over £500 excluding a minimum deposit of 10%.
Our finance is provided by V12 Retail Finance
NOTE: Finance cannot be used in conjunction with any other offer or Cycle to Work scheme
We offer 0% Interest-free finance over 6, 10, 12, 18 or 24 months on full priced bikes (subject to a minimum order value)
We offer 0% Interest-free finance over 6, 10 or 12 months on reduced bikes (subject to a minimum order value)
If you require a longer term or your basket value doesn't qualify for interest-free, then credit-bearing finance is available, typically 14.9% APR.
If you would like to see a finance example on a specific bike, simply click on the V12 link in the dark blue bar which will open a pop up window showing available options. Select the rate and term on the right and then adjust the deposit slider to see typical monthly payments.
Any finance application is subject to a credit check and acceptance by V12 Retail Finance.
The Electric Bike Shop Limited is authorised and regulated by the Financial Conduct Authority, registration number 815537, and acts as a credit intermediary and not a lender, offering credit products provided by a limited number of finance providers, including V12. We recommend to always get independent financial advice before entering into any finance agreement.
Credit provided subject to age and status. We may receive a commission if your application is successful, and the amount may vary depending on the product chosen and the amount of credit taken out.
After your have e-signed your agreement your order is placed, there may be a short delay before you receive confirmation while our system talks to the V12 system.
Finance Example:
This example shows the repayments on a 0% interest rate, with a deposit of £500 and the
remaining
balance spread over 12 and 24 months.
Bike Cost: £2999
Deposit: £500
Loan Value:
£2499
Repayments: £208.25 p/m over 12 months or £104.13 p/m
over 24
months
We also offer E-Bike finance up to to 48 months at 14.9% typical APR
(interest rate
may vary).
V12 Retail Finance Limited act as a credit broker and introduces you to Secure Trust Bank Plc, its parent company.
If your application for finance is successful, you will enter into a Credit Agreement with either Secure Trust Bank PLC or Omni Capital Retail Finance Limited.
V12 Retail Finance Limited is authorised and regulated by the Financial Conduct Authority under registration number 679653 .
Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 204550.
Omni Capital Retail Finance Limited is authorised and regulated by the Financial Conduct Authority under registration number 720279.
V12 Retail Finance is a trading name of Secure Trust Bank PLC.
Registered address:
V12 Retail Finance Limited
Yorke House
Arleston Way
Solihull
B90 4LH
Correspondence and Trading Address:
V12 Retail Finance Limited
25-26 Neptune Court
Vanguard Way
Cardiff
CF24 5PJ
You will be asked for personal information including your full name, 3 years of address history, your date of birth, an email address, telephone contact details, employment/income information and bank details so you can be identified and a credit check completed.
To apply for finance you must:
You will have to electronically sign your agreement and then you can complete your order. If you have chosen to Click and Collect your order, to release the goods to you, you will need to bring in your photo ID, proof of address and the card you paid your deposit with when you collect. Without these, we cannot release your order.
Yes you can. It's the same application as online except we take the deposit in store.
Referred applications usually mean V12 want additional information from you. They will contact you directly for this which may delay completion of your application.
You will be informed if your application has been declined but V12 will not disclose the reason to us.
Some reasons your application might be refused may include:
No, we can only deliver to the address you have given us on your finance agreement.
Yes you can. Contact V12 directly who can confirm your account balance and take payment.
Yes you can. Depending on your account balance and the overpayment(s) you make, you will be able to either reduce the term of your loan and keep your monthly payment the same or reduce the monthly payment of your loan for the remainder of your original term.