BUY A BIKE ON FINANCE WITH DOLAN & V12

Cycling is a hobby enjoyed by millions. Choosing your dream bike and getting out on the open road can be exhilarating, especially when you’ve waited a long time to do so. However, we’re sad to see how financial woes often force cyclists to push their goals aside.

It’s common knowledge that cycling can be a costly hobby. Cyclists must make long-term investments in their equipment if they want to ride further for longer. But for some, this all-in-one purchase simply isn’t possible. 

Buying bikes on finance is a much more stress-free way to spread the cost of your investment. That’s why Dolan Bikes have partnered with V12 Retail Finance: we want to offer a no-hassle financing scheme where you’re in control of how much you pay.

What are the benefits of buying a bike on finance with Dolan & V12?

Here at Dolan Bikes, we’re masters of variety. You’ll struggle to choose between our range of premium electric bikes, nimble road bikes and sturdy carbon bikes. If you’ve settled on a model and need your bike ASAP, take the financial weight off your shoulders with Dolan’s range of push bike finance schemes.

Unlike a straight purchase, our four loan terms allow you to reap the benefits of your new bike without financial stress. Choose a 6-month, 12-month, 24-month plan: whichever option suits you best! 

Our partners at V12 are offering you 0% interest on 6, 12, 24 purchase plans (depending on your bike of choice). Classic finance (15.9%) on various 36,48 plans. 

If you fit the criteria outlined by our V12 partners, you’ll qualify for credit in no time. Buying a bike on finance means you won’t have to use your savings to own your dream bike, and once you’ve made your final payment, your vehicle is all yours. What’s not to love? 

How do I buy a bike on finance?

Before you rush to apply, there are some things we need to check first. First, you’re over 18 years old and have been a resident of the UK for three years or more. 

You must be able to make repayments via direct debit and be in regular employment (a minimum of 16 hours a week): this can include being self-employed or living with a partner or spouse who is employed. 

So, what are you waiting for? Buy the bike of your dreams with the help of Dolan and V12.

WE OFFER A WIDE CHOICE OF FINANCE OPTIONS
Buy a bike with us and you can apply to spread the cost with our finance partner V12 - You can choose how much deposit you want to pay - whether it's half the cost or nothing at all.

0% Interest Finance is available over 6,12, 24,dependent upon the cost of the bike.

Classic Finance (15.9% APR) is available over 36,48

If you choose a 36-month repayment term on Classic Finance your minimum Product spend is £1000.

Subject to Status. Terms and conditions apply.

INTEREST-FREE FINANCE | FINANCE YOUR DOLAN

0% Interest Finance is available on all Dolan bikes with the exception of  Clearance bikes

Minimum Loan value £500

Minimum Product value £1000
Maximum Product value £15,000.00

Terms of loans available to customers of Dolan Bike

Interest-Free Finance – (6 Months) - Min-Product-Value - £1000 - £2,499.99 - (Min Loan Value £500)

Interest-Free Finance – (12 Months) - Min-Product-Value - £2,500 - £3,499.99 - (Min Loan Value £1250)

Interest-Free Finance – (24 Months) - Min-Product-Value - £3,500 - £15,000 - (Min Loan Value £1750)

Deposit - 0% - 50% Max

CLASSIC FINANCE | CHOOSE A 36,48 MONTH PAYMENT PLAN AT 15.9%

Extended terms are available and lower monthly repayments. Variable payments and flexible deposits. Classic Credit terms for orders over £1000
(If you choose a 24-month repayment term on Classic Finance your minimum loan is £500 and minimum Product spend is £1000.)

Classic Credit - 15.9% – (36 Months) - Min-Product-Value - £1000 - £1,999.99 - (Min Loan Value £500)

Classic Credit - 15.9% – (48 Months) - Min-Product-Value - £2000 - £15,000 - (Min Loan Value £1000)

Deposit - 0% - 50% Max

If my application is not successful, can I re-apply?

Yes. We acknowledge that your circumstances change and just because we have refused a previous application, it does not mean that we'll automatically turn down a further request. We do suggest, however, that you leave at least 6 months between applications.

Declined Credit Applications
If your credit application is declined, you will receive notification via email from our credit partner, V12 Finance, with further instruction on how to dispute the decision.

QUALIFYING FOR CREDIT
You must:
Be at least 18 years of age
Have been a UK resident for 3 years or more
Be able to make repayments by direct debit
Be in regular employment* (minimum of 16 hours per week) including self-employment, or in a permanent residence with your spouse/partner who is in regular employment.

FAQS
How much can I borrow?
You may borrow up to £15,000. The minimum priced item with credit available is £1000

Is a deposit required? Depending on what you set
No, you can have a minimum 0% deposit, the maximum deposit on all orders is 50%. How are my monthly payments made? All monthly payments are paid by direct debit from your personal bank account. Typically the first payment will be due one month after the date of delivery finance, subsequent monthly payments will be due every month for the length of your term on that day of the month.

DOLAN BIKES LTD Vulnerable Persons Policy

At Dolan Bikes Ltd, we believe it is important for our customers to receive the appropriate information about the products and the purchasing options we offer to enable them to make an informed decision. Deciding to purchase, using any payment method including finance or cycle to work agreements, involves adhering to their terms and conditions, and can result in a long-term financial commitment.  We consider it vital at Dolan Bikes Ltd that our customers fully understand their obligations when purchasing.

When we feel someone who, due to their personal circumstances, may be vulnerable and therefore especially susceptible to their detriment. We need to ensure that we consider the circumstances of that individual during our dealings with them.

We understand that a customer may be vulnerable or potentially vulnerable for a wide variety of reasons such as mental or physical infirmity, age, addiction, or a recent change in circumstances. They may also be new to finance commitments or a particular finance product, and/or there are challenges communicating. The reason for the vulnerability could be permanent or a temporary situation. Our staff are trained to ask customers questions and to recognise patterns, based on their responses, which could indicate if a customer is potentially vulnerable.

When a customer is identified as being potentially vulnerable, this does not preclude them from purchasing from Dolan Bikes Ltd. There are a diverse number of factors that can contribute to the level of customer vulnerability, therefore there will be a personalised approach adopted to fit each set of circumstances.

We aim to ensure that the customer receives a fair outcome through our efforts to communicate, asking more questions, taking further time to go over things, and make suggestions for another friend or family member to be party to the conversations. This is particularly relevant when the customer is applying for a finance product. 

We may suggest that before being referred to the lender or entering into a credit agreement, the customer might benefit from taking more time to consider and fully understand the commitment they are entering.

All finance, offered to our customers, is through an approved partner, they have strict polices, compliant with the requirements under GDPR. We are satisfied that their review and approval processes are compatible with our vulnerable persons policy, and we work closely with them to ensure our customers are given the service and consideration they need.

Signed Terence Dolan Managing Director.

ABOUT OUR LENDERS:
Finance is subject to status. From time to time, we may vary the terms of our finance offer at our discretion. To be eligible to apply for finance, you must be 18 or older, in regular employment, and have been a UK resident for more than 3 years. Other conditions may apply and we cannot guarantee that your application will be accepted. We reserve the right to withdraw finance on certain products at any time. Finance as a payment method is provided through our external partner V12 Retail Finance. If your application is successful you will enter into a Credit Agreement with V12 Retail Finance.

How long does it take to apply online?
Our online application form is a fast and easy process. Once complete, your application will then be instantly sent to the finance company and they will get a response to you as soon as possible. Some applications may take longer to process. If for any reason we can't give you an instant decision, you will be notified on-screen as part of the application process and also by e-mail, with a follow-up e-mail as soon as a decision is confirmed.

Will the finance company perform a credit check?
Yes. A credit check forms part of the automated decision-making process.


Can I pay my agreement off early?
Yes. You have the right to repay all or part of the credit early at any time – you should contact V12 Finance for details by phone, e-mail or letter at the following;
Telephone: 029 2046 8900
Email: customerservices@v12finance.com

Trading Address:
V12 Retail Finance Limited
25-26 Neptune Court
Vanguard Way
Cardiff
CF24 5PJ

Registered Address:
V12 Retail Finance Limited
Yorke House
Arleston Way
Solihull
B90 4LH

Can I cancel my credit agreement if I change my mind?
You have the right under section 66A of the Consumer Credit Act 1974 to withdraw from the agreement without giving any reason before the end of 14 days (beginning with the day after the day on which the agreement is made or, if later, the date on which we will tell you that we have signed the agreement). If you wish to withdraw you must give the finance company notice in writing or by telephone or email. The name of your finance company will be clearly shown on your credit agreement (see contact details below). Please note that if you do give notice of withdrawal, you must repay the full amount of the credit without delay and in any event by no later than 30 days after giving notice of withdrawal.

How do I ask a question about the credit agreement?
If you have a question, require further information or if there is anything you do not understand regarding the credit agreement, please call V12 Finance on 029 2046 8900 or seek free, independent advice from organizations such as the Citizen Advice Bureau or the Money Advice Service.

Status Disclosure

V12 Retail Finance Limited is owned by Secure Trust Bank PLC. V12 Retail Finance Limited. Registered in England and Wales 4585692. Authorised and regulated by the Financial Conduct Authority. Registration number: 679653. Correspondence address: 25-26 Neptune Court, Vanguard Way, Cardiff, CF24 5PJ. Secure Trust Bank PLC Registered in England and Wales 541132. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registration number: 204550. Registered Office for both: Yorke House Arleston Way, Solihull, B90 4LH. V12 Retail Finance is a trading name of Secure Trust Bank PLC.

Dolan Bikes Ltd acts as a credit intermediary and only offers credit products from Secure Trust Bank PLC trading as V12 Retail Finance. Registered in England 06800127. Registered office: Seymour Chambers, 92 London Rd, Liverpool, L3 5NW. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register number: 204550.