Bike Finance

Pay monthly and spread the cost of your bike or any qualifying product

Spread the cost of your next purchase

At Hargroves Cycles purchasing with finance couldn't be easier, enabling you to spread the cost of your new bike or cycling equipment from 6 to 48 months. We offer finance options on all bikes over £300.00 and depending on the items you've selected, you could be presented with either interest free 0% finance or our Classic Credit option.

Please note finance can only be used online for delivered orders. If you choose click and collect, finance will not be available. We are in the process of allowing finance with click and collect orders so please check back soon.

Instant online decision

All items available with finance will display messaging containing further information on all available options.

No deposit required!

Get the bike of your dreams with no upfront deposit to pay (but the higher the deposit the lower the monthly repayments!)

Not just for bikes

You can get finance on other items that qualify for minimum order value.

Monthly Budget Calculator

Not sure what bikes are in your budget? Use this simple calculator to give you a guide to what bike you could afford based on the monthly cost. Prices shown are based on a 10% deposit

Bike Cost

Duration(months)

APR % (representative)

0.0

9.9

15.9

This calculator should only be used as a guide. The available finance terms will be different dependant on the product you select. You should always check the finance calculator to see eligible finance options for that item.

Do I qualify for finance?
To apply for bike finance, you must:
- Be over the age of 18, and be in receipt of a regular income
- Have a good credit score with no late payments, debt relief orders, CCJ’s, IVA’s or bankruptcies
- Be a permanent UK resident and able to supply a UK address history for the last 3 years
- e either: in full time employment (more than 16 hours a week) ; or self-employed ; or retired (and over the age of 50) ; or in receipt of invalidity or disability allowance.
Just by meeting the criteria set out above does not guarantee acceptance. Please note that students (unless employed for more than 16 hours a week) and unemployed single house persons will not be considered.

Retired individuals, and those in receipt of a private or company pensions are welcome to apply for finance.
How quickly will my application be approved?

Decisions are usually made within a few minutes. Once your application has been approved, we will contact you (during working hours Monday to Friday) to arrange delivery.
Will you search my credit score?

Yes. To enable our finance company to review your application, your credit score will be checked to evaluate your credit risk. Credit scoring works by awarding points for each answer given on the application form, such as age, income and occupation as well as information obtained by credit reference agencies. Credit score does not discriminate on the grounds of sex, gender, religion, race, disability or colour.
Why was I declined?
If your application has been declined, it is normally due to one, or a combination of the following:
- Your credit score (please note that every will score you differently)
- Your age (for example being under 18)
- Your existing account performance with existing lenders
- Adverse credit reference agency information
Can I re-apply if my finance application is unsuccessful?

Yes. Just because one of your applications may have previously been declined, finance companies acknowledge that circumstances change, and therefore allow further applications. However, it is advised that you wait at least 6 months before trying to apply again.
Can I request delivery to an address other than my home?

To safeguard against fraudulent applications, delivery is only allowed to the home address of the applicant.
Can I change my order after applying for finance?

If you change your mind and want to change your products, we will need to cancel your initial order and create a new one with your new products; this is to ensure your chosen products are delivered correctly. If you've already received confirmation of approval for online finance via Hargroves Cycles, by the time you decide to change your order, then the decision will stand from your original application so long as the order value has not increased. If however, you then go on to make subsequent orders funded via online finance, then each will be treated as a new application and will be processed in the normal way.

V12 TERMS AND CONDITIONS

Please note that interest-free credit is not offered on all products Some exclusions may apply. 0% Finance is not available on sale, Cyclescheme or discounted models unless otherwise stated. V12 Classic Credit is available for items discounted from MSP & those marked at the RRP, interest is charged at 15.9% APR and can be spread over 12, 24, 36 & 48 months.

You must be a permanent resident of the United Kingdom and must have lived in the UK for the last three years or more. Unfortunately, online finance cannot be offered to residents of Eire. In order to safeguard against fraudulent applications, we regret that we're only able to deliver goods to the home address of the applicant.

Hargroves Cycles acts as a credit broker and not a lender and only offers credit products from Secure Trust Bank PLC trading as V12 Retail Finance. We may receive a commission if your application is successful, and the amount may vary depending on the product chosen and the amount of credit taken out. Hargroves Cycles, Company number: 3690687 Vat No: 411 9562 62 Country of Registration: England Registered Office: The Quay, 30 Channel Way Ocean Village Southampton Hampshire SO14 3TG; authorised and regulated by the Financial Conduct Authority. Credit provided subject to status.