Finance your purchase
Get a confidential decision online in seconds!
Whether you're looking to break the bank and go all out on that dream ride you've been pining for (no doubt you'll have a full page spread pinned up on the inside of your garage, right next to your turbo trainer) or wanting a new commuter bike, why not finance your purchase and break down your payment into small, manageable chunks?
Finance is available on Bikes, Electronics, wheels, forks and shocks, turbo trainers, lights and more. There's a minimum spend of £389 and depending on the items you've selected, you could be presented with either interest free 0% finance over 6 or 12 months, or 15.9% APR finance over 12, 24 or 36 months.
Don't worry if the bike you have chosen doesn't reach the minimum spend for finance, either. You also get finance on the total amount of your basket, providing that the items add up to £389!
If you're not sure whether you'd like to apply online or not then don't fret. We also offer finance in our stores. Feel free to drop by, have a look around for the items you like and fill in an application form on the day.
Do I qualify?
- You are over 18 and in receipt of a regular income
- You have a good credit history with no late payments, debt relief orders, CCJ's, IVA's or bankruptcies
- You are a permanent UK resident and able to supply a UK address history for the last 3 years
Meeting this criteria does not guarantee acceptance. Applications from students (unless employed at least 16 hours per week), or unemployed single house persons will not be considered. Applications also welcome from retired individuals, in receipt of a private or company pension (aged 50 or over at date of application).
We offer the exact same finance options in-store, to complete your in-store application you will need to bring one of the following as proof of address.
- A valid UK driving licence.
- Bank statement (not internet statement)
- Credit card statement (not internet statement)
- Gas, Water or electricity bill.
- Mortgage statement.
- Landline telephone bill (not mobile)
How quickly will my application be approved?
All finance decisions will be made within a few minutes. Once you are approved, we will contact you (during working hours Monday to Friday) to arrange delivery.
Will you search my credit score? If so, what does this mean?
Yes. Credit scoring is the process used by financial services companies to evaluate the credit risk of new applicants. This technique will be applied to your application for online finance. Credit scoring works by awarding points for each answer given on the application form such as age, income and occupation, together with information obtained from credit reference agencies. This information allows us to produce consistent decisions, ensuring all our applicants are treated fairly. Credit scoring does not discriminate on the grounds of sex, race, religion, disability or colour.
If you decline or refuse my application, what is the reason?
In addition to credit scoring, confirmation of your identity, validation of certain application details, existing commitments and information held at the credit reference agencies are all taken into account. Though you will not be provided with a main reason for decline of your application, it is usually based on one, or a combination of the following:
- Your credit score (note that every finance company will score you differently)
- Adverse credit reference agency information
- You are considered to be overcommitted
- You are aged under 18
- Your existing account performance with other lenders
What type of information do credit agencies hold about me?
The two main UK credit reference agencies are Experian and Equifax. Both agencies will provide details of the information they hold about you. To obtain this information, send a cheque for £2, made payable to the relevant agency, together with details of all addresses at which you have lived over the last 6 years, to:
1. Consumer Help Desk Experian LTD P.O. Box 8000 Nottingham NG1 5GX
2. Equifax Department 1E P.O. Box 3001 Glasgow G81 2DT
You can also find out more about credit decisions by visiting the above companies' websites: Experian and Equifax. If you believe that the information they hold about you is incorrect, you can ask the agency to correct it.
Can I re-apply if my finance application is unsuccessful?
Yes. We acknowledge that your circumstances change and just because a previous application has been refused, it does not mean that a further request will be automatically turned down. We do suggest, however, that you leave at least 6 months between applications.
Can I request delivery to an address other than my home?
In order to safeguard against fraudulent applications, we regret that we're only able to deliver goods to the home address of the applicant.
Can I change my order in part or whole after applying for online finance?
To ensure your chosen products are correctly delivered to you, if you need to change your order in any way, we will need to cancel your order and re-key it as if it were new. We apologise for any inconvenience this may cause. If you've already received confirmation of approval for online finance via Rutland Cycling, by the time you decide to change your order, then the decision will stand from your original application so long as the order value has not increased. If however, you then go on to make subsequent orders funded via online finance, then each will be treated as a new application and will be processed in the normal way.
Are the goods I've ordered set aside for me until the approval process is complete?
We don't allocate your order until we know your credit application has been approved, so there's a very small chance that the item you've ordered becomes out of stock while we're awaiting your approval. In this unlikely event, we will offer you an alternative or cancel the agreement.
Finance Terms & Conditions
Consumer finance on RutlandCycling.com is provided by V12 Retail Finance a trading name of Secure Trust bank.
The finance option is applicable on any RutlandCycling.com order over £389, including VAT. It is also available in our shops, at the discretion of our store managers.
All offers of finance are subject to acceptance by V12 Retail Finance. Rutland Cycling accepts no liability in relation to the credit analysis and resulting contractual obligations. Please direct all enquiries in writing to: V12 Retail Finance; firstname.lastname@example.org
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.
If any provision of these Terms shall be unlawful, void or for any reason unenforceable, then that provision shall be deemed severable and shall not affect the validity and enforceability of the remaining provisions.
Rutland Cycling 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. in association with Moneyway. For more information, please visit www.v12retailfinance.com
Rutland Water Cycling Limited is registered in England and Wales 2926548. Registered office: Cheney & Co, 310 Wellingborough Road, Northampton, NN1 4EP. Rutland Water Cycling Limited acts as a credit broker and only offers credit products from Secure Trust Bank PLC trading as V12 Retail Finance. Rutland Water Cycling is authorised and regulated by the Financial Conduct Authority. Our registration number is 495345. Credit provided subject to age and status.