This is a trade facing website. Visit the ACT's consumer site for information and advice on cycling and find your local independent cycle retailer.

Deferred Interest Free

Customers can enjoy their new cycling products before they start to pay for it with the 'Deferred Interest Free' product.


Available exclusively to ACT members signed up with V12 (with FCA authorisation), it allows customers to purchase a product, or bundle of products (over £1000) and then pay nothing for 3 or 6 months. After 3 or 6 months the customer pays back the loan in interest free monthly instalments over 12 or 18 months. 


It should be used alongside a retailer's usual finance offering to give customers even more of an incentive to buy immediately, rather than coming back when they have the money in 6 months' time - helping the retailer secure the sale the same day and get their money sooner. 


Contact us today to discuss getting FCA authorisation. We offer full guidance through the application process.