Interest Free Credit
How Retail Finance Works
Retail finance, also known as consumer finance, gives you flexible ways to pay for purchases by spreading the cost. Finance is usually available at the point you make payment, either built into a retailer’s checkout process or offered when you purchase in-store.
Options can vary in terms. The term is the number of months you have spread the payment over. Once your finance is in place, you can manage it anytime, anywhere, with the app, V12 AppToPay.
Calculate my monthly payments now.
V12 interest-free finance:
Interest-free finance allows you to make purchases without incurring interest charges over a fixed term. This means you can buy and pay instalments without any interest.
- Standard terms are 6, 10 or 12 months
- Available on purchases from £1000 to £20,000
- Minimum 10% deposit before credit
- Monthly payments start one month after approval.
Example:
| Cash price: | £4500.00 |
| Amount of deposit: | £500.00 |
| Total amount of credit: | £4000.00 |
| Loan term: | 12 months |
| Annual rate of interest (Fixed): | 0% |
| Monthly repayment: | £333.34 |
| Representative APR%: | 0% |
| Total cost of credit: | £0.00 |
| Total amount payable: | £4500.00 |
How much can I pay per month?
Costs will vary depending on the bike you purchase and your deposit amount. Here is a simple calculator to help understand your payment options.
Please contact us for further information or call +442086422095, and we will be happy to help you.
About V12 Finance
Interest free finance with a term of 12 months or less: is an unregulated credit product, which means you will not be offered the protections of the regulatory system as regulated by the Financial Conduct Authority, including the right to take a complaint to the Financial Ombudsman Service.
V12 Retail Finance offers credit products. Credit is subject to status and is only available to UK residents aged 18 and over. Minimum and maximum spend applies. Failure to maintain payments may mean charges are incurred, more is repaid than borrowed and it can make future borrowing more difficult.
V12 Retail Finance Limited act as a credit broker, not a lender, and introduces customers to Secure Trust Bank PLC, its parent company. If applications for credit are successful, V12 Retail Finance Limited will receive a commission, the amount will vary depending on the amount of credit taken out. V12 Retail Finance Limited, Registered in England and Wales 4585692. Authorised and regulated by the Financial Conduct Authority. Registration number 679653. Not all products or services offered by V12 Retail Finance Limited, are regulated and therefore do not offer the protections of the regulatory system. Correspondence address: 25-26 Neptune Court, Vanguard Way, Cardiff CF24 5PJ. Registered Office: Yorke House, Arleston Way, Solihull, B90 4LH.