Interest free Finance

0% Finance from Escape Bike Shop

Get a brand new bike and spread the cost over 6, 12, 18, 24 and 36 months with a 0% interest finance option from Escape Bike Shop. Applying for finance is fast and easy. Complete the credit agreement, sign it online and get an instant credit decision. Upon acceptance, pay your deposit and you're done.

Interest free finance is available on amounts between £300 and £15,000. You can use the quick finance calculator below and on bike product pages or you can call the team here at Escape Bike Shop on 015242 41226 (open Monday to Saturday 8:30am to 5:30pm and Sundays 10am to 4pm).

There is a minimum deposit of 10%, however you can choose to pay a higher deposit if you want to place a smaller amount on finance.

Finance Length APR Amount Min. Loan Amount Max. Loan Amount
6 months 0% £300 £15,000
12 months 0% £500 £15,000
18 months 0% £1,000 £15,000
24 months 0% £1,500 £15,000
36 months 0% £2,000 £15,000

Escape Bike Shop Finance Calculator

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We offer loan amounts of £300 to £15,000.
The interest rate is 0% for 6, 12, 18, 24 and 36 months.

Escape Bike Shop Finance Terms.

  1. Our finance company will use a credit reference agency to check your credit rating in order to assess your application. The credit reference agency will keep a record of any search made.
  2. To apply for finance you must meet the following criteria:
    • You must be over 18 years of age.
    • You must be a UK resident with at least 3 years continual address history.
    • You must be in full time employment, unless retired or a house person with a spouse in full time employment.
    • You must have a UK bank account capable of accepting Direct Debits.
    • You must have a valid Debit or Credit card registered in your name and to the home address on the application form in order to pay your deposit.
    • 0% is currently available for up to 36 months.
  3. Credit subject to status.
  4. Written quotations on request.
  5. Fixed Payments - your payments are fixed for the duration of the agreement allowing you to budget more effectively.
  6. The minimum amount that can be used on finance is £300 and the maximum is £15,000. A minimum deposit of 10% is required.
  7. We cannot offer finance on discounted prices, such as sale items. Finance will be calculated on the regular retail price.

Frequently Asked Finance Questions

How much can I borrow?

At the checkout simply choose the Finance payment option then just complete the easy online application form that you'll receive from V12 Retail Finance and you can be approved instantly for up to £15,000 to allow you to purchase the bike that you've been dreaming of, and pay for it in easy manageable installments.

Is a deposit required?

No.

How are my monthly payments made?

All monthly payments are paid by direct debit from your personal bank account. Typically the first payment will be due one month after the delivery of your goods, subsequent monthly payments will be due every month for the length of your agreement.

What type of goods can I buy on Finance?

Anything on our website. Please remember that the minimum order value for finance is £300.

How Do I Apply?

Choose the Interest free credit option at the checkout. V12 will send you to their secure server where you can process your application, get an instant decision and complete your finance agreement by eSigning. This process eliminates the need for any paperwork; saving you time and means we can send your goods quicker.

Can I Pay Off My Loan Early?

You can settle your loan agreement at any time. Simply contact V12 Retail Finance and they will calculate and send you your settlement figure. Your settlement figure and date are calculated in line with the Consumer Credit Act.

 

V12 Retail Finance

V12 Retail FinanceConsumer credit service provided by V12 Retail Finance. V12 Retail Finance is licensed by The Office of Fair Trading (Consumer Credit Licence: 0594229). For more information please visit www.v12retailfinance.com.