Bike Finance Options

Want to spread the cost of your new bike? Les’s Cycles offers V12 Finance, Shop Pay Installments, PayPal Pay-in-3, PayPal Credit and Klarna. This page explains each option and includes our step-by-step guide to the simple process of placing an order via our website and making an application for V12 finance.

0% finance available on most full-priced bikes.

Available terms vary by bike and are shown on each product page and at application. Credit subject to status.

Finance at a glance

0% finance · 0% finance available on most full-priced bikes. Available terms vary by bike and are shown on each product page and at application. Credit subject to status.

V12 Finance

£280 or over

on all bike product pages (or multiple products in a cart) priced at £280 or over

V12 deposit

10% minimum

of the total order value · choose a custom deposit above 10% to reduce the overall finance cost

How to apply

At checkout

add to cart, then choose apply for finance after you enter your shipping details

Shop Pay Installments

Pay in 3 or monthly

3 interest-free payments (£50–£999.99), or monthly with interest over 3–24 months (£150–£30,000) · 22% Representative APR

PayPal

Pay-in-3

most PayPal users can split the purchase into 3 payments

Spread the cost

PayPal Credit

over a period of your choosing, with clear and up-front cost summaries

Shop Pay Installments offers credit with Affirm as lender. Learn more.

Important: your order will NOT be complete or accepted/reserved until you have paid the full V12 deposit amount and confirmed the finance agreement with V12. Only place a finance order when you are fully prepared and ready to complete the application, including paying the deposit.

On this page

1. Ways to spread the cost
2. V12 Finance: how it works
3. Before you apply: what you’ll need
4. How to apply for V12 Finance: step by step
5. PayPal Pay-in-3 & PayPal Credit
6. Shop Pay Installments
7. Klarna
8. Regulatory information
9. FAQs
10. Questions? Get in touch

1. Ways to spread the cost

Option	Key points	Where to find it
V12 Finance	Bike product pages (or multiple products in a cart) priced at £280 or over. Minimum deposit 10% of the total order value.	Rates on every bike product page; choose apply for finance at checkout. See the steps
Shop Pay Installments	Orders from £50 to £30,000, including discounts, shipping and taxes. Three interest-free payments for orders from £50 to £999.99, with the initial payment due at checkout. Monthly interest-bearing payments for orders from £150 to £30,000. APR ranges up to 35.99% APR with a 22% Representative APR. Orders paid for in monthly installments can be paid in 3, 6, 12, 18 and 24 months depending on the purchase amount. A down payment may be required. The options available to you depend on your order amount and are shown at checkout. Representative example: A £900 purchase might cost £75.00/mo over 12 months at 22% Representative APR. A down payment may be required.	Check out using Shop Pay and select to pay in installments. Shop Pay section
PayPal Pay-in-3	Most PayPal users will now have the option to Pay-in-3*: split the purchase into 3 payments.	PayPal section
PayPal Credit	Spread the cost over a period of your choosing, with clear and up-front cost summaries.	Choose the PayPal option when checking out
Klarna	See Klarna’s information on this page.	Klarna section

Shop Pay Installments offers credit with Affirm as lender. Learn more.

Buying through a Cycle to Work scheme? That’s a separate process – see our Cycle to Work page.

2. V12 Finance: how it works

V12 Retail Finance

You can see rates from V12 Finance on all bike product pages (or multiple products in a cart) priced at £280 or over. To purchase, simply add your item(s) to cart and choose apply for finance at checkout after you enter your shipping details. Once you have been approved and the finance agreement is confirmed, we can ship your order.

0% finance available on most full-priced bikes. Available terms vary by bike and are shown on each product page and at application. Credit subject to status.

Deposit

The minimum deposit for a finance order is 10% of the total order value. You can choose a custom deposit above 10% and reduce the overall finance cost you will need to pay easily using our widget on every product page.

NOTE: Your order will NOT be complete or accepted/reserved until you have paid the full V12 deposit amount and confirmed the finance agreement with V12.

V12 regulatory details (credit broker and lender) are in Regulatory information.

3. Before you apply: what you’ll need

The most *important* thing about placing a finance order: Only place an order when you are fully prepared and ready to complete the application including paying the deposit. Your order is NOT confirmed or reserved until you have paid the deposit and fully completed your V12 agreement.

A few other important things to remember before going ahead:

✓You should only place an order via Finance when you have the time and details needed to complete it.
✓Some of the details you will need to provide to V12, not limited to: your address history for 3 years, your employment information, bank account details.
✓If you place an order and don’t complete an application soon after, your order will be cancelled.
✓If you are not accepted for finance, your order will be cancelled. You can place a new order with a new application or alternative payment method.
✓You need to pay at least a 10% deposit up-front. You can choose a custom amount above 10% easily via our widgets.

Ready to start…? Let’s go!

4. How to apply for V12 Finance: step by step

In short: add your item(s) to cart and choose apply for finance at checkout after you enter your shipping details. Tap View screenshot on any step to see what it looks like.

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Step One: Checking the finance options on any bike

Rates from V12 Finance are shown on all bike product pages priced at £280 or over.

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Step Two: Review all available term options via the selector tool

Compare the term options here. You can also choose a custom deposit above 10% using our widget on every product page.

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Step Three: Choose options/variants & add to cart

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Step Four: In-cart view before proceeding to check out

You can also use finance on multiple products in a cart priced at £280 or over.

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Step Five: Checkout Stage One

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Step Six: Checkout Stage Two

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Step Seven: Checkout Stage Three

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Step Eight: Checkout Stage Four

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Step Nine: FINAL STAGE OF CHECKOUT

Choose apply for finance at checkout after you enter your shipping details.

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Step Ten: Complete your V12 application

Once done, all details will synch and V12 will notify you of the outcome. If accepted, they will notify us automatically. Once you have been approved and the finance agreement is confirmed, we can ship your order.

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Don’t leave it half-finished: if you place an order and don’t complete an application soon after, your order will be cancelled.

5. PayPal Pay-in-3 & PayPal Credit

PayPal Pay-in-3

Most PayPal users will now have the option to Pay-in-3*. Much like the Klarna option, this will allow you to split the purchase into 3 payments. See below for more info!

PayPal Credit

Buying online? PayPal Credit allows you to spread the cost of your purchase over a period of your choosing, with clear and up-front cost summaries. Choose the PayPal option when checking out or contact us for help and guidance.

6. Shop Pay Installments

Buy today, pay over time with Shop Pay Installments.

Split your purchase into flexible payments.

✓Available on orders from £50 to £30,000, including discounts, shipping and taxes.
✓Three interest-free payments for orders from £50 to £999.99, with the initial payment due at checkout.
✓Monthly interest-bearing payments for orders from £150 to £30,000. APR ranges up to 35.99% APR with a 22% Representative APR.
✓Orders paid for in monthly installments can be paid in 3, 6, 12, 18 and 24 months depending on the purchase amount. A down payment may be required.
✓If an order exceeds £17,500, you pay a down payment for the remaining balance upfront. For example, if the order total is £20,000, then you pay £2,500 upfront, and the remaining £17,500 is split into equal, interest-bearing, monthly payments.
✓The payment options available to you depend on your order amount. You review all of them at checkout before you choose.
✓You need a UK billing address and to be signed up for Shop Pay. Your billing address, shipping address, payment details and Shop Pay Installments account must all be in the UK, and you check out in GBP.

Representative example: A £900 purchase might cost £75.00/mo over 12 months at 22% Representative APR. A down payment may be required.

Shop Pay Installments offers credit in partnership with Affirm as lender. Affirm provides both regulated and unregulated credit, subject to a credit check and minimum spend, which may vary. Terms apply. UK residents only, 18 and over with a bank account or debit card. A deposit may be required. Missed payments could affect your financial status. Representative example: A £900 purchase might cost £75.00/mo over 12 months at 22% Representative APR. A down payment may be required.

How to pay with Shop Pay Installments

Add your item(s) to your cart.
Check out using Shop Pay.
Select to pay in installments.
Review all of the installment payment options available to you, then choose one.
Review your purchase, then make your first payment at checkout.

The remaining payments are automatically charged to your card based on the payment schedule you choose, and you get an email reminder before each payment is charged. Shop Pay Installments is powered and supported by Affirm – for help with your plan, see the Shop Pay Installments help page.

7. Klarna

8. Regulatory information

V12 Finance

Image Cycles Limited is authorised and regulated by the Financial Conduct Authority (Firm reference number – 803000) and acts as a credit broker, not the lender. Finance is provided by Secure Trust Bank PLC trading as V12 Retail Finance (Registered Address; V12 Retail Finance Limited, Yorke House, Arleston Way, Solihull, B90 4LH).

Shop Pay Installments

Credit is offered by Shopify International Ltd. (FRN: 1031087) in partnership with Affirm UK Limited. Shopify International Limited is an Appointed Representative of Affirm U.K. Limited, trading as Affirm, which is authorised and regulated by the Financial Conduct Authority (FRN: 756087). Affirm’s company number is 10199101 and its registered office is at C/O TMF Group, 1 Angel Court, 13th Floor, London, EC2R 7HJ.

9. FAQs

Do you offer 0% finance?

0% finance available on most full-priced bikes. Available terms vary by bike and are shown on each product page and at application. Credit subject to status. Check the finance widget on the product page for the options on the bike you want.

What’s the minimum spend for V12 Finance?

V12 Finance rates are shown on all bike product pages (or multiple products in a cart) priced at £280 or over.

How much deposit do I need to pay?

The minimum deposit is 10% of the total order value, paid up-front. You can choose a custom deposit above 10% using the widget on every product page, which reduces the overall finance cost you will need to pay.

Where can I see the rates and terms?

On the product page: you can see rates from V12 Finance on all bike product pages priced at £280 or over, and review all available term options via the selector tool. See Step Two.

When is my order reserved?

Your order will NOT be complete or accepted/reserved until you have paid the full V12 deposit amount and confirmed the finance agreement with V12.

What details will V12 ask for?

Details include, but are not limited to: your address history for 3 years, your employment information and your bank account details. See Before you apply.

What happens if I’m not accepted, or I don’t finish the application?

If you are not accepted for finance, your order will be cancelled – you can place a new order with a new application or an alternative payment method. If you place an order and don’t complete an application soon after, your order will also be cancelled.

When will my finance order be shipped?

Once you have been approved and the finance agreement is confirmed, we can ship your order. V12 will notify you of the outcome and, if accepted, they will notify us automatically.

Who provides the finance?

Image Cycles Limited acts as a credit broker, not the lender. Finance is provided by Secure Trust Bank PLC trading as V12 Retail Finance. Full details are in Regulatory information.

Can I pay in instalments without V12?

Yes – Shop Pay Installments is available on orders from £50 to £30,000, most PayPal users will have the option to Pay-in-3, and PayPal Credit lets you spread the cost over a period of your choosing. Klarna is also available. See Shop Pay Installments, PayPal and Klarna.

How does Shop Pay Installments work?

Check out using Shop Pay, select to pay in installments and choose from the options available to you for your order amount – three interest-free payments for orders from £50 to £999.99, with the first payment due at checkout, or monthly interest-bearing payments for orders from £150 to £30,000, paid in 3, 6, 12, 18 or 24 months depending on the purchase amount (APR ranges up to 35.99% APR with a 22% Representative APR; a down payment may be required). The remaining payments are charged automatically to your card, with an email reminder before each one. Shop Pay Installments offers credit in partnership with Affirm as lender. Affirm provides both regulated and unregulated credit, subject to a credit check and minimum spend, which may vary. Terms apply. UK residents only, 18 and over with a bank account or debit card. A deposit may be required. Missed payments could affect your financial status. Representative example: A £900 purchase might cost £75.00/mo over 12 months at 22% Representative APR. A down payment may be required. More about Shop Pay Installments.

10. Questions? Get in touch

Not sure which finance option suits you? Just ask – we’re happy to help.

✉ Email: sales@lescycles.co.uk

☎ Phone: 01268 695877

📍 Visit us: 365 Long Road, Canvey Island, Essex