Interest Free Finance on EPower Bikes

EPOWER Bikes is happy to announce that we have partnered with the market leading V12 Finance in order to offer you a range of competitive finance packages. This means you can easily get your hands on your perfect e-bike.

For example, with 0% finance you can get a £2500 e-bike with just a 10% deposit and 24 monthly payments of only £93.75.

V12 Retail Finance is a UK specialist provider of Retail Point of Sale Credit, providing finance to customers through their online paperless processing system. Based in Cardiff, V12 has been offering Retail, Point of Sale and Interest Free Finance and for over 20 years, specialising in Online Finance for the past 10 years, through their long-term dedicated funding lines.

For more information on V12 Retail Finance, click here to visit their website.

Applying for finance couldn't be easier. All you need to do is add your e-bike to the basket and go through the checkout process as normal. During the checkout process, you'll need to select 'V12 Finance' as a method of payment. Afterwards you'll temporarily be redirected to V12's secure website in order to complete your application. This is a short process and you will likely receive a decision quickly. If you are approved, you'll also sign your application electronically.

If you would like to view this process in more detail, please click here to take a look at our step by step guide on how to buy an e-bike with V12 Finance. We have also prepared a list of frequently asked questions to help you with any specific queries you may have.


Who is eligible?

In order to apply for financing, you must be age 18-75, work at least 16 hours a week, or if you are disabled or retired, have an income. Homemakers are also eligible for financing, and can apply under their own names, but they must provide their spouse’s employment details.

You must also be a resident of the UK, and you should have lived here for the minimum of 3 years.

What do I need to apply?

There is a set of criteria you must meet in order to apply for financing:

You should be over 18
You should be a resident of the UK with the minimum of 3 years continual address history
You should be in full time employment, unless you are retired or a homemaker with a spouse in full time employment
You should have a UK bank account that can accept Direct Debits.
You should have a valid Debit or Credit Card, which should be registered in your name and to the home address you specify on your application form in order to pay your deposit.

How much can I borrow?

You will receive different finance terms based upon the amount of money you are spending. Please note there is a minimum order of £390, and you can borrow up to £15000.  

£390 - £600 = 6 months 0% finance
£601 - £900 = 12 months 0% finance
£901 - £1200 = 18 months 0% finance
£1201 = £2500 = 24 months 0% finance
£2501+ = 36 months 0% finance

Is a deposit required?

Yes, you are required to make a 10% deposit upon acceptance of your finance package.

When will I know if my application for financing has been approved or disapproved?

You should find out whether or not your finance application has been approved or disapproved within around 15 minutes of submitting your application. In some cases however, your application may be referred for further checks, which means it will take longer for you to find out the result.

Once my application has been approved, what happens next?

Once we have shipped your e-bike, you will receive a confirmation email. Your first repayment will be due about a month after the delivery of your e-bike.

What if I require further assistance?

If you need any help with any part of the finance application process, please don’t hesitate to give EPOWER Bikes a call on 01472 210384 and we’ll do our very best to guide you through the issue(s) you may be having.

How are my monthly repayments made?

All monthly repayments are paid via a Direct Debit from the bank account you specified during the application process. In most cases, the first payment will be due one month after the delivery of your e-bike. Subsequent monthly payments will be collected every month for the duration of your finance agreement.

What types of goods can I buy on finance?

You can purchase any e-bike on our website with V12 Finance. Remember that the minimum order value is £390 to qualify for a finance application.

Can I pay off my loan early?

You are able to pay off your loan at any time. To do so, you need to contact V12 Finance, and they will calculate a settlement figure and send it to you. The settlement figure and date you receive are calculated in line with the Consumer Credit Act.

Who provides the finance?

Consumer credit service provided by V12 Retail Finance. V12 Retail Finance is licensed by The Office of Fair Trading (Consumer Credit Licence: 0594229).