Ebike Finance

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.

To see a Finance example, click on the V12 Finance link on any product page

Finance in 5 Easy Steps :

1. choose your ebike

Add your electric bike and accessories to your basket

2. Choose your finance

At the checkout select which finance option and term you want

3. Apply for finance

Complete the V12 application form online (you will be redirected to the V12 website)

4. Finance approved

When you have been approved you must electronically sign your agreement to complete your order

5. Order Placed

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.

6. Bike delivered

We will ship your bike to you quickly. Please note we can only deliver to the billing address received during your initial application which is linked to your order, this can't be amended retrospectively.

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).

Who are V12 Retail Finance?

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
B90 4LH

Correspondence and Trading Address:

V12 Retail Finance Limited
25-26 Neptune Court
Vanguard Way
CF24 5PJ

What information is required to apply for finance?

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.

What is the criteria to be eligible for finance?

To apply for finance you must:

  • Be at least 18 years of age
  • Have been a UK resident for 3 years or more
  • Be able to make repayments by direct debit
  • Provide proof of id (valid photo card driving licence, old style driving licence or valid passport)
  • Provide proof of address

What happens if my application is approved?

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.

Can I apply for finance in store?

Yes you can. It's the same application as online except we take the deposit in store.

What if my application is referred?

Referred applications usually mean V12 want additional information from you. They will contact you directly for this which may delay completion of your application.

What can I do if I am declined finance?

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:

  • you do not meet the eligibility criteria (see above);
  • adverse credit reference agency information;
  • your credit score;
  • you are considered to be overcommitted; or
  • your existing account performance with other lenders.

Can I change the delivery address of my order if I have purchased on finance?

No, we can only deliver to the address you have given us on your finance agreement.

Can I pay off my finance agreement early?

Yes you can. Contact V12 directly who can confirm your account balance and take payment.

Can I make overpayments?

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.