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27 Jul 2026

 What is Sofa to Saddle? Think couch to 5K but with bikes! Sofa to Saddle is the new app that is going to have everyone talking, and cycling.
 

24 Jul 2026

Cycle finance values rose by almost 18% year on year in Q2 2026, according to new data from ACT service partner V12 Retail Finance, suggesting consumers continue to make higher-value cycling...

23 Jul 2026

West Midlands Police has dropped charges and reimbursed the owner of a £6,500 e-bike after admitting a test used to seize and destroy the legally compliant machine was inaccurate,...

23 Jul 2026

ACT parent company Bira has called for wider business rates relief for the high street. It comes after pubs, clubs and live music venues were handed a further 20% cut.

21 Jul 2026

There has never been a better time for local bike shop owners to invest in the next generation of cycle technicians. Here’s how your shop can benefit from the government’s new youth...

15 Jul 2026

The ACT has welcomed new rules protecting Buy-Now, Pay-Later shoppers, which came into force this week.

14 Jul 2026

New polling reveals the public cannot tell a road-legal e-bike from a non-road-legal one, as the two main cycle industry bodies, the Bicycle Association (BA) and the ACT, launch a new safety...

9 Jul 2026

ACT parent company Bira has warned that a new cap on Royal Mail's daily business collection capacity could cause serious problems for small retailers during the most important trading period of...

8 Jul 2026

Amazon and safety certification organisation UL have secured a court order preventing five e-bike and e-scooter companies from falsely claiming their products were UL-certified, marking another...

7 Jul 2026

The illegal use of electric off-road motorbikes and modified e-bikes fitted with throttles that effectively convert them into mopeds or motorbikes has become a road safety priority, according to...

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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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