You can choose to fund your bicycle purchase on a Fixed Sum Loan through Santander Consumer Finance.

A fixed sum load is a simple way of financing that gives you the certainty of a fixed interest rate, and fixed monthly payments throughout the agreement. The initial deposit and repayment period can be structured to help meet your budget and the length of time you expect to keep the goods. Fixed Sum Loan gives you immediate ownership of the goods, meaning they are yours from the start of the loan.

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)

To apply for finance you may be required to:

  •  Provide proof of address (dated within last 3 months)

You will be informed if your application has been declined. The lender is unable to share the reason for decline with us. Some reasons your application might be refused 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.