Get guidance on retail finance with the ACT at iceBike* 2023
Posted on in Cycles News
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: https://www.icebike.co.uk/