Finance Your Bike Purchase
Spreading the cost of your purchase across monthly payments is easy. We offer a range of finance options, including 0% finance, to make your next bike purchase more accessible.
Below are the finance solutions we are able to offer, as well as some indicative examples. If you you’re thinking of using one of our finance options, please get in touch by email, then we can provide you with a detailed breakdown of the cost and terms specific to the bike you’d like to purchase.
Once you’ve decided on the best option for you, applications are completed online and take around 5-10 minutes to complete, providing you with an instant decision.
Finance Options
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Example Bike Price - £2,000
Deposit (10%) - £200
Loan Amount - £1,800
Monthly Payment - £300
Number of Payments - 6
Representative APR - 0%
Annual Rate of Interest - 0% Fixed
Total Repayable - £2,000
Total Interest - £0.00
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Example Bike Price - £2,000
Deposit (10%) - £200
Loan Amount - £1,800
Monthly Payment - £150
Number of Payments - 12
Representative APR - 0%
Annual Rate of Interest - 0% Fixed
Total Repayable - £2,000
Total Interest - £0.00
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Example Bike Price - £2,000
Deposit (10%) - £200
Loan Amount - £1,800
Monthly Payment - £103.83
Number of Payments - 18
Representative APR - 4.89%
Annual Rate of Interest - 2.55% Fixed
Total Repayable - £2,086.94
Total Interest - £86.94
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Example Bike Price - £2,000
Deposit (10%) - £200
Loan Amount - £1,800
Monthly Payment - £82.62
Number of Payments - 24
Representative APR - 9.9%
Annual Rate of Interest - 5.21% Fixed
Total Repayable - £2,093.72
Total Interest - £93.72
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Example Bike Price - £2,000
Deposit (10%) - £200
Loan Amount - £1,800
Monthly Payment - £62.26
Number of Payments - 36
Representative APR - 15.9%
Annual Rate of Interest - 8.17% Fixed
Total Repayable - £2,441.36
Total Interest - £441.36
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Example Bike Price - £2,000
Deposit (10%) - £200
Loan Amount - £1,800
Monthly Payment - £49.95
Number of Payments - 48
Representative APR - 15.9%
Annual Rate of Interest - 8.3% Fixed
Total Repayable - £2,597.60
Total Interest - £597.60
Finance Eligibility
Some exclusions may apply. 0% finance is not available on ‘Cycle to Work Scheme’ purchases. 0% finance is available on sale or discounted bikes, however, a surcharge will apply depending on the amount the bike is discounted by.
Classic Credit is available for items discounted from full price rrp, where interest is charged at 15.9% APR and can be spread over 12, 24, 36 or 48 months. A small surcharge may also be applicable on sale items.
A minimum deposit of 10% of the order value is required by either credit or debit card. You are welcome to increase the amount of the deposit above 10% to your choosing.
To qualify for finance you must:
Be at least 18 years old.
Have a regular income.
Have been a resident in the UK for at least 3 years.
Have a debit or credit card in your name, which is registered to your address, in order to pay for the deposit.
Have a bank or building society current account (in order to set up direct debit).
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 are welcome from retired individuals in receipt of a private or company pension (aged 50 or over at date of application). As part of the application a search will be made on your credit history.
If you are intending to use finance as your payment option, please note, for the prevention of fraud, we can only ship your order to your billing address and not to an alternative delivery address.
LIOS Bikes Ltd is registered in England and Wales 7967724. Registered office: Unit 8, Invincible Building, Daedalus Park, Lee-on-the-Solent, Hampshire, PO13 9FX.
LIOS Bikes Ltd is authorised and regulated by the Financial Conduct Authority and is the broker and not the lender. Our FCA registration number is 981045. LIOS Bikes 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.