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16 May 2025

ACT parent company Bira has said that members are hopeful the warm weather, Easter weekend and upcoming bank holidays will provide a much-needed boost to high street sales.

15 May 2025

UK economy delivers strongest quarterly performance in a year despite forecasts of business downturn.

15 May 2025

A new e-bike hire scheme is set to launch in Edinburgh on a two-year trial basis, with the aim of having bikes on the streets ahead of this summer’s Fringe Festival.

14 May 2025

The City of London’s ‘Square Mile’ has seen the biggest increase in cycling since records began, with daily numbers rising past all previous counts.

13 May 2025

Local Bike Shop Day 2025 brought a wave of...

12 May 2025

A doctor left with life-changing spinal injuries after the front forks of his gravel bike snapped during a ride has secured a £4.5 million settlement following a prolonged legal battle.

8 May 2025

ACT parent company Bira has welcomed the Bank of England's decision to reduce interest rates from 4.5% to 4.25%, calling it a "much-needed boost" for the retail sector, including for cycling...

8 May 2025

ACT parent company Bira has responded to the news that the 144-year-old Beales department store is staging a "Rachel Reeves Closing Down Sale" in its final weeks of trading, with giant yellow...

2 May 2025

Could the UK cycling industry be showing signs of renewed momentum? Following a challenging period marked by falling sales and overstocked inventories, overall trends and sales figures from...

2 May 2025

The Netherlands is set to legalise electric scooters and other light electric vehicles on public roads from July 2025, provided they are registered and display a license plate.

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200+ retailers benefiting from switch to V12 Retail Finance

Posted on in Cycles News

Over 200 retailers have already made the switch to the improved retail finance online system - join them today and take advantage of the brilliant new features.

Retail finance dealers have started being contacted by V12 Retail Finance to make the switch to the new improved online system. (To read more about the switch click here).

As well as the continued level of great service, the move to the V12 operating system will also provide your business with a host of new benefits. Arguably the most notable of the new facilities available on the V12 system is full sales reporting. Retailers can now track their applications, approval rates, average order value and much more, comparing performance to previous months and years - helping you to monitor and analyse the effectiveness of retail finance in store.

In addition to full sales reporting you will also take advantage of the following features included in the V12 platform:

  • Online e-signature - making it easy for your customers to buy from you online
  • Enhanced identification and verification processing - reducing the need to ask you for more information
  • Quicker application process - it takes less time for the customer to apply
  • Less paperwork - reduced documentation for you and the customer
  • Simple web based operating system - easier process for you and the customer to complete applications

The changes you will benefit from as part of the migration to V12 are to facilitate improvements to the retail finance service and will allow for the development of new products being designed to help you increase your sales.

If you have already been contacted by V12 then you are ready to start using the new online platform. Watch the video below to see a quick demo of how the system works. Should you have any queries or wish to discuss the migration in more detail please do not hesitate to contact V12 on 02920 468 900.

If you have not yet been contacted by V12 then you can sign up early by getting in touch on 02920 468 900.

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