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18 May 2023

It has been reported by This Is Money that HMRC now holds 55 billion items of taxpayers' data, including email and bank records, as it cracks down on tax avoidance. The data is held on its...

18 May 2023

Sustrans is working with local businesses to provide bike maintenance stations and pumps at key stops along the National Cycle Network in Scotland, which, it says, will support more people to...

16 May 2023

Cycling UK has opened nominations for its annual 100 Women in Cycling list, which celebrates the inspirational women working in the cycle sector.

16 May 2023

Bike sales in 2022 were lower than 2021 throughout Europe's main markets, Bike Europe has reported, but e-bike sales continue to thrive - although the UK seems to be the exception.

9 May 2023

A mixed picture is emerging about the effect of the Coronation weekend across the UK's retail sector.

9 May 2023

Nominations have opened for the 2023 British Business Awards.

9 May 2023

The European retail sector has enjoyed its best month for international spending on Tax Free goods since the end of the pandemic after sales surged by 40% month on month in March 2023, taking...

4 May 2023

A study into the positive health effects of riding an electric bike has picked up traction in Germany’s press in the past week, according to a piece in Cycling Electric. Researchers at the...

4 May 2023

Two Derby businessmen have come together to encourage locals to hop on their bikes. Dean Jackson and Paul Martin have launched the city's first road racing team to help inspire...

4 May 2023

More people than ever are regularly walking or cycling rather than using the car due to increases in the cost of living.

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Get guidance on retail finance with the ACT at iceBike* 2023

Posted on in Cycles News

retail finance What is not in doubt is that a significant number of UK shoppers either wouldn’t make a purchase if retail finance was not available or would not spend as much as they do without being able to spread the cost of their purchase.

Retail finance is a powerful sales tool for your business, which allows your customers to spread the cost to get the bikes, clothes and accessories they want without breaking the bank.

That’s why the ACT will be on hand to talk all things retail finance and their partner V12 Finance at this month’s iceBike* 2023 shows at the Manchester Velodrome and at London’s Tobacco Dock, to give guidance on how to make retail finance work most effectively for your business and your customers.

The ACT’s partnership with V12 Finance currently enables over 400 members to take advantage of a market leading range of finance products, with competitive rates and high levels of service.

“We consistently hear from members that the integration options available from V12 are much better than those offered by other finance providers,” explains Jonathan Harrison from the ACT.

“We know that, having tried other finance providers, many have found that the number of successful applications was significantly higher through V12 than with others they have worked with previously, and that the service levels are very high.”

ACT members signing up to V12 for Retail Finance receive preferential rates; pay no set-up fee, saving them £495, and pay no monthly fees. In addition, payment is released the same day and is in the retailer’s bank account within four days. There is also no minimum finance turnover requirement.

In addition to a fast application and approval process, you will receive support with integration to your website and support throughout the FCA application process from a dedicated customer service and personal account manager.

Retail finance is exclusively available to Gold ACT members. Subject to terms and conditions, including but not limited to, a minimum 12-month trading history, the business declaring a positive net worth and the search results of credit reference agencies. Click here to join the ACT or login to My ACT to upgrade your membership.

Alongside this, ACT staff and partners will also be available to talk about Cytech & card payments from Tyl by NatWest, as well as a range of other services, including business insurance, consumer promotions, pensions, legal advice, and others.

To register to attend either iceBike* North on March 5th & 6th or iceBike* South on March 9th & 10th, click here:

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