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19 Mar 2026

This one's sobering: 42% of small businesses reported a cyber breach in 2024, according to the National Cyber Security Centre. And it's not just massive corporations being targeted. It's small,...

19 Mar 2026

The Chancellor held a roundtable discussion on a future high street strategy last week, with Bira the sole voice representing smaller retail businesses. Read an update on Bira's place at a...

18 Mar 2026

An independent bike shop is refusing to sell or repair e-scooters over concerns about how they are being used, with the area’s police force backing the call and urging others to follow...

17 Mar 2026

Walking, wheeling and cycling across the Liverpool City Region are saving the NHS £53.8 million every year, according to the latest Walking and Cycling Index, with cycling playing a key...

13 Mar 2026

Findings from consumer rights publication Which? add to calls from the E-Bike Positive campaign to better scrutinise these sites and promote quality e-bikes from reputable manufacturers and...

6 Mar 2026

The Metropolitan Police have seized more than 50 illegal e-bikes during a two-day crackdown in London as part of a wider effort to tackle crime linked to illegally modified electric bikes.

5 Mar 2026

ACT parent company Bira has warned that the Chanellor's Spring Statement offered no new support for high street businesses, as rising tensions in the Middle East threaten to push up energy...

4 Mar 2026

The UK cycle industry were brought together at COREbike 2026, with retailers, distributors and industry partners gathering for several days of meetings, networking and product showcases.

3 Mar 2026

A Scottish bike repair shop and cafe has recently moved premises into a bigger unit thanks to a growth in business, with the local council noting the positive impact it would have on the local...

26 Feb 2026

Here's one that often surprises people: professional indemnity insurance. It's not just for lawyers and accountants. Joanna Evans, Head of Bikmo for Business, explains in the next installment of...

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V12 launches cutting edge contactless application process

Posted on in Business News , Cycles News

V12 retail financeV12 Retail Finance have made changes to their application form to improve the customer journey and enable social distancing.

 

New Application Journey

V12's cutting edge, advancing technology continues to give customers the freedom to purchase how, when and where they want. Their progressive application form recognises returning customers, fast tracking them through their application. And for brand new customers, it's just as simple and sleek. Customers can register to manage their account online during the process so everything is set up and ready for when they get their goods.

Find out more about V12's new application journey by watching the video here.

 

Contactless Application

V12's new application form, referred to as Maverick internally, and true to its nickname, is standing apart from all of the other finance applications out there.

Despite being the number one provider for online finance in the UK, in-store applications are just as important to V12. Ensuring customers are comfortable, and in control, is their top priority, which is evident with V12's latest release, contactless applications. Making it even easier for customers to complete their application form in-store, and giving them the ability to do all the important bits from their own device, with no need to handle the retailer's device.

Online applications couldn't be easier for retailers to integrate into their website. This year especially has shown how consumer purchasing behaviours are ever changing, consumers still want to buy, and they want to be able to do it with minimal effort and from the comfort of their own homes. The V12 application form can be added to your website in a matter of hours, combined with the V12 Finance Calculator you can be giving your customers more freedom and choice with the option of finance.

In a recent review that V12 conducted of the cycle retailers that they support, it was found that nearly 50% of all IBDs with a V12 account, particularly the smaller independents, are not transactional via their website. This is really missing an opportunity and is an area where V12 can provide support and point you in the direction of being able to transact online within a matter of days.

If you need any guidance on any of the new processes please call V12 Retail Finance on 02920 468 918.

If you are not yet signed up to V12 Retail Finance and would like to find out more please contact the ACT team.

 

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