Finance
Payment
Options
Spread the cost
To help spread the cost of your purchase we offer various finance packages, depending on how much you spend and how you want to pay.
Finance is not limited to only bikes, you can also add all the accessories you want to the deal. Restrictions apply as gift cards and nutritional products cannot be added to your cart whilst making a purchase that you want to check out using finance options.
Finance is available both online and in store. Please note that online applications MUST be delivered to your approved home address. If you wish to collect from store please visit the store to apply for finance.
Interest Free
Interest Free
The best finance out there! A no-brainer really as all you pay is the ticket price, nothing more. Simple spend over £400 on any non sale items and you can spread the cost over a year. Spend over £1300 and spread it over two years! You can reduce the monthly payments by paying a bigger deposit, 10% deposit is the minimum.
Interest free is available on almost everything we sell, excluding items on special offer.
Special Offer Bikes
Special Offer Bikes
If you wish to purchase a bike that is on special offer, fear not, finance is still available. All special offer bikes are available on low rate interest bearing finance over 12 or 24months at an APR of 9.9%.
This rate might sound high, but when you work out the interest payable it’s still very reasonable. Typically on a £1000 purchase you’ll pay less than £50 in interest per year.
Paperless Online Applications
Paperless Online Applications
To make the application process as fast and as simple as possible we operate a fully integrated online application process in partnership with our partner V12 Finance, the UK’s leading online finance provider. Everything is done online: Once accepted you pay the deposit and then the order is proceed, it’s just as fast as paying by card.
- Instant decisions
- Just as quick as card payment
How To Apply
How To Apply
Apply for finance is simply, just select V12 at checkout and follow the on-screen instructions. During the process you will be handed over to our partner V12’s website for the application process, then back to hargreaves-cycles.co.uk for the final stage. Once your application is accepted and the deposit paid, your order is secured.Please note, the bike you initially order is not held for you until the deposit is paid. Until that point someone else can purchase it.
- Hargreaves Cycles is a licensed credit broker.
- In all instances we use V12 for our lending.
- All decisions are final and are not in the hands of Hargreaves Cycles
Online Credit Facilities
Our payment plan options
We offer a range of interest-free and interest-bearing finance options to help you spread the cost of your purchase over 6 to 36 months. The value of the loan needs to be over £350 and no more than £5999. You can choose a deposit of up to 50% of the value of the goods.
Some finance options will not be available across all products or combinations of product in our website. Add items to your shopping cart and visit the checkout to see what options will be made available to you.
All products in our website are available to purchase via finance.
Available finance packages may not be available equally on all products, for example, as our special offers are already discounted, we might not offer our best finance package where special offer products are selected.
Selecting multiple products may alter the finance package we can offer you and you should note that although a particular finance package is offered when viewing a specific product, it may not be offered when you select additional items that qualify differently.
The best finance package we can offer will be displayed when you review your shopping cart.
- Interest Free Finance (24 Months) on some orders over £1300.00, 10% minimum deposit required.
- Interest Free Finance (18 Months) on some orders over £998.00, 10% minimum deposit required.
- Interest Free Finance (12 Months) on some orders over £798.00, 10% minimum deposit required.
- Interest Free Finance (10 Months) on some orders over £598.00, 10% minimum deposit required.
- Interest Free Finance (6 Months) on some orders over £398.00, 10% minimum deposit required.
- Classic Credit 24 Months 9.9% on some orders over £398.00, 10% minimum deposit required.
- Classic Credit 12 months 9.9% on some orders over £398.00, 10% minimum deposit required.
- Classic Credit 36 Months 15.9% on some orders over £998.00, 10% minimum deposit required.
- Classic Credit 24 Months 15.9% on some orders over £798.00, 10% minimum deposit required.
- Classic Credit 12 Months 15.9% on some orders over £398.00, 10% minimum deposit required.
Finance Illustrations
The following is provided to illustrate how finance figures will be displayed against products where finance via checkout is available on our website. Finance Illustrations are shown for a goods total value of £500.00
| Classic Credit 24 Months 15.9% APR Representative (Minimum goods total £398.00) |
|
|---|---|
| Cash Price | £500.00 |
| Amount of Deposit | 10% |
| Deposit Total | £50.00 |
| Total amount of credit | £450.00 |
| Loan Term (Months) | 24 |
| Annual Rate of Interest (Fixed) | 9.9% |
| Monthly Repayment | £20.66* |
| Representative APR | 15.9% APR Representative |
| Total Cost of Credit | £45.84 |
| Total Amount Payable | £545.84 |
| 0% Credit 24 Months 0% APR Representative (Minimum goods total £398.00) |
|
|---|---|
| Cash Price | £1350.00 |
| Amount of Deposit | 10% |
| Deposit Total | £135.90 |
| Total amount of credit | £1215.00 |
| Loan Term (Months) | 24 |
| Annual Rate of Interest (Fixed) | 0% |
| Monthly Repayment | £50.62* |
| Representative APR | 0.0% APR Representative |
| Total Cost of Credit | £0.00 |
| Total Amount Payable | £1350.00 |
*Final payment may be slightly higher or lower than quoted: this will be made clear in your loan documents.
Bill Hargreaves Cycles Ltd is authorised and regulated by the Financial Conduct Authority and is the broker and not the lender. Our FCA registration number is 733413. Bill Hargreaves Cycles Ltd offers credit products from Secure Trust Bank PLC trading as V12 Retail Finance. Credit is provided subject to affordability, age and status. Minimum spend applies. Not all products offered by Secure Trust Bank PLC are regulated by the Financial Conduct Authority.
Finance is provided by V12 Retail Finance Ltd, a trading name of Secure Trust Bank Plc. which is registered in England and Wales: 541132. Registered Office: Yorke House, Arleston Way, Solihull, B90 4LH. Secure Trust Bank Plc is authorised and regulated by the Financial Conduct Authority (FRN 204550). For more information please visit www.v12retailfinance.com.
Missed or late payments will result in fees and additional interest on your loan and can also affect your credit file and your ability to obtain credit in the future.
Legal Information (FCA Disclaimer)
0% finance with a term of 12 months or less is not regulated by the Financial Conduct Authority.
Bill Hargreaves Cycles Ltd is authorised and regulated by the Financial Conduct Authority and is the broker and not the lender. Our FCA registration number is 733413. Bill Hargreaves Cycles Ltd offers credit products from Secure Trust Bank PLC trading as V12 Retail Finance. Credit is provided subject to affordability, age and status. Minimum spend applies. Not all products offered by Secure Trust Bank PLC are regulated by the Financial Conduct Authority.
Finance is provided by V12 Retail Finance Ltd, a trading name of Secure Trust Bank Plc. which is registered in England and Wales: 541132. Registered Office: Yorke House, Arleston Way, Solihull, B90 4LH. Secure Trust Bank Plc is authorised and regulated by the Financial Conduct Authority (FRN 204550). For more information please visit www.v12retailfinance.com.
Missed or late payments will result in fees and additional interest on your loan and can also affect your credit file and your ability to obtain credit in the future.