SHOP SMART & SPREAD THE COST

We only use the best finance company - V12 Finance.

They're flexible - for example you're are not tied into paying the initial agreed amount every month (however you cannot pay any less).

If you have some extra cash one month you can call V12 directly and pay for your frame/bike off earlier.

Only leave a minimum 20% deposit then choose your term over 12, 18 or 24 months. The higher deposit you leave, the lower your monthly payments will be.

How to apply: 

The brilliant thing with V12 Finance is that you can complete the finance from the comfort of your own home. Just simply email sophie@pacecycles.com for the link and you can just follow the steps from the comfort of your settee. Or, add the items to your cart and write in the 'notes' section that you're wanting finance, click on bank transfer so we recieve your order then someone from Pace will be intouch to go through the finance options with you, depending on your order.

 It only take 5 minutes and you will get a decision straight away. You can view the finance calculator below to see what your monthly payment will be.

If you are wanting to use finance for a pre-order frame then you will still need to pay the deposit 20% upfront.

Consumer credit service provided by V12 Retail Finance. V12 Retail Finance is licensed by The Office of Fair Trading (Consumer Credit Licence: 0594229)

Finance calculator click here

CRITERA

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.

WHY IS INTEREST FREE CREDIT AN ADVANTAGE?

You only pay the price you see and no more. Buy the items you always wanted with no deposit deposit (you can pay a deposit to lower your monthly payments should you wish). Spread the cost with easy manageable monthly payments. Instant online decisions with eSign paperless process. Leaves you with extra cash by spreading the cost. Fixed monthly payments - your payments are fixed for the duration of the agreement allowing you to budget more effectively. However you can pay off more one month or pay for the goods before the agreed date.

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 you have signed the form, subsequent monthly payments will be due every month for the length of your agreement unless you decide to pay early - Just call V12 directly.

HOW DO I APPLY?

Either email sophie@pacecycles.com who can email you over a finance form straight away and you complete this by just following the links on the email from the comfort of your own home. Alternatively you can call our office on 01751 477737 and we will help you get started over the phone.

WHAT DOES V12 NEED TO KNOW?

The online form will just ask you a few questions such as your current address and work address/ information and then V12 will immediately process your application immediatly and you will have an answer within seconds. 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.

MY APPLICATION BEEN DECLINED - WHY?

In addition to credit scoring, V12 also take into account confirmation of your identity, validation of certain application details, existing commitments and information held at the credit reference agencies. Although we are unable to provide you with a reason if your application is declined, it is usually based on one or more of the following reasons:

Adverse credit reference agency information

Your credit score (note that every finance company will score you differently)

You are aged under 18

You are considered to be overcommitted

Poor account performance with other lenders.

WHAT TYPE OF INFORMATION DO CREDIT AGENCIES HOLD ABOUT ME?

Some of the information is public information, for example electoral roll, County Court Judgements and bankruptcies. Other lenders may also file information about accounts you hold with them, for instance, this could include your payment history and outstanding balance on these accounts. Any requests for credit, where a credit reference search has been undertaken, will also be filed, although the result of the request is not recorded..

WHAT HAPPENS IF I CHANGE MY MIND?

You have 14 days to change your mind however there will be a £50 admin charge.

WHO IS MY FINANCIAL AGREEMENT WITH?

Pace Cycles Ltd via V12 Finance Ltd. Your financial agreement will be with V12 Finance Ltd.

JOIN THE RÉVOLUTION - OUR PREFERRED OPTION

Green Commute Initiative is leading the industry with its cycle-to-work scheme with no limits.

GCI scheme participants benefit from no £1,000 spending cap and no scheme exit fees. Save up to 47%, depending on your tax bracket. Pay monthly through salary sacrifice with no added interest.

Get an hardtail or full suspension and help reduce congestion and pollution whilst improving your health, fitness and mental wellbeing.

Find our more.

Click here for the Green Commute Initiative calculator.

Travel safely with Cyclescheme.

Save money on a new bike and spread the cost.

What is Cyclescheme?

Cyclescheme is an employee benefit that saves you 25-39% on a bike and accessories. You pay nothing upfront and the payments are taken tax efficiently from your salary by your employer.

Save 25-39% on a new bike for work.

You choose a bike, hire it for an agreed length of time, then snap it up for a fraction of its original value. It’s like a year-round sale, with interest free credit.

CLICK HERE TO SEE CYCLESCHEME CALCULATOR

Cycle Solutions are one of the leading providers of the Cycle to Work scheme, proudly supporting local bike shops across the UK.

By deciding to shop locally, you have the freedom to choose which bike or custom build you would like to order whilst still receiving your tax and national insurance savings through the Cycle to Work scheme.

Traditionally the scheme has always been capped at £1,000.00 as a maximum package value but thanks to the Cycle 2 Work Alliance this has now been changed to allow employers to choose their own limit to better suit the needs of their employees.

Cycle Solutions is a Consumer Credit Authorisation, meaning their able to provide the authorisation for scheme packages above the £1,000 threshold allowing you to set your own limits, while being fully compliant with DfT and HMRC.

If your workplace is already running the Cycle to Work scheme with Cycle Solutions, simply choose your products and ask Pace to provide you with a quote (or add it to your cart and click on bank transfer whilst making a note in the 'notes' section then you can then submit online.

If your employer is not signed up to the Cycle to Work scheme yet, head on over to www.cyclesolutions.info to find out more! Alternatively, you can get in touch directly with them by email info@cyclesolutions.co.uk or by phone 0330 100 2480.