Finance

Finance

Why not spread the cost of your new bike into small, manageable chunks across easy monthly payments? Free 0% finance over 6, 10 or 12 months is available on Electric Bikes, Road Bikes, Mountain Bikes, Commuter Bikes and more.

Step 1

Choose your bike online
(spend £499 or more)

Step 2

Select ‘Home delivery’ and then select
“Apply for finance” button at checkout

Step 3

Complete your finance application online

Step 4

Once your application is accepted your order will be shipped to your billing address

Everything you need to know about financing your next bike purchase.

Am I eligible for Finance?

Finance is available on bike orders of £499 or more. This excludes discounted bikes.

To apply for finance, you must be:
Over 18 years old
In receipt of a regular income (minimum 16 hours per week), or in receipt of a pension if you are retired, or in permanent residence with your spouse/partner who’s in regular employment.
Have a good credit history
A permanent UK resident and able to provide a UK address history for the last three years.

Meeting the above criteria does not guarantee acceptance and finance is subject to status, terms and conditions apply.

Can I use Finance to purchase a sale bike?

Unfortunately, we do not offer sale or discounted bikes with 0% finance at the moment.

Can I get my finance order delivered to a different address?

Finance orders can only be shipped to your billing address to safeguard against fraudulent applications.

Do I need a deposit?

Yes, we currently ask for a 10% deposit.

When is my first finance payment taken?

Your first finance payment after your deposit will be taken 1 month after we dispatch your order to you.

How long does the finance application process take?

Once you’ve completed your details, you will get a finance decision – this typically happens within a few minutes.

Can I pay the remainder of the loan off early?

Yes you can. You will need to contact V12 Retail Finance customer service team on 02920 468900.

Why was my finance application declined?

As all finance applications are dealt solely by V12 Retail Finance we are unable to provide any information on specific cases or reasons for being declined. Please contact V12 Retail Finance directly for more information at customerservices@v12finance.com

If at any stage, your finance application is declined, remember that you can still pay using card.

Can I reapply if my finance application is unsuccessful?

Yes, we understand that circumstances change, however we recommend that you leave at least 6 months between applications.

The Small Print
 

Consumer finance on Freewheel.co.uk is provided by V12 Retail Finance a trading name of Secure Trust bank.

0% finance is only available on non-discounted bikes with a value of £499.99 and over. Providing a qualifying bike is included in your order, finance can be taken out against all products in your basket.

In order to safeguard against fraudulent applications, we can only deliver goods to the home address of the applicant.

All offers of finance are subject to acceptance by V12 Retail Finance. Freewheel accepts no liability in relation to the credit analysis and resulting contractual obligations.

Please direct all enquiries in writing to V12 Retail Finance

We advise all applicants to keep a copy of the Terms and Conditions, invoice and any other documents relating to the financing application for your records.

Freewheel reserves the right to change these Terms and Conditions at any time.

Consumer credit service provided by V12 Retail Finance a trading name of Secure trust bank PLC.

For more information, please visit V12 Retail Finance

Freewheel is registered in England & Wales 00706712.

Registered Office: Buckingham House, West Street, Newbury, Berkshire, RG14 1BD. Freewheel acts as a credit broker and only offers credit products from Secure Trust Bank PLC trading as V12 Retail Finance. Credit provided subject to age and status.

Finance

Finance


Spreading the cost of your purchase across monthly payments is easy. Finance is only available on purchases made for home delivery. You can complete your online transaction in these 4 easy steps:


 •  Add items to your basket. All items available with interest free options will display messaging containing further information on all available options.
 •  Checkout using V12 Retail Finance as your payment method. Choose from the range of finance options available to you. You will be given a breakdown of your monthly payment, deposit due and the overall cost of your purchase.
 •  Complete your online finance application. A quick and easy process that takes just minutes to complete
 •  Receive your instant decision. As soon as your application is approved we'll process your order.


V12 Terms and Conditions


 •  Interest-free credit is offered on full priced bikes of £500 and over only
 •  0% Finance is not available on sale or discounted models unless otherwise stated
 •  Providing a qualifying bike is included in your order, finance can be taken out against all products in your basket
 •  You must be a permanent resident of the United Kingdom and must have lived in the UK for the last three years or more. Unfortunately, online finance cannot be offered to residents of Eire. In order to safeguard against fraudulent applications, we can only deliver goods to the home address of the applicant.
 •  Please keep a copy of the Terms and Conditions as well as your invoice for your records. We advise applicants to keep the documents relating to the financing application
 •  All offers of finance are subject to acceptance by V12 Retail Finance. Freewheel accepts no liability in relation to the credit analysis and resulting contractual obligations. Please direct all enquiries in writing to: V12 Retail Finance; customerservices@v12finance.com



Freewheel acts as a credit broker and only offers credit products for Secure Trust Bank PLC trading as V12 Retail Finance. Registered in England & Wales 00706712. Registered office: Buckingham House, West Street, Newbury, Berkshire, RG14 1BD, United Kingdom

Finance