Velorution offers finance deals through Moneyway, who have a selection of packages tailored specifically for bike buyers. Finance deals are available for periods of 6 to 24 months, there is no interest on the credit, only a one-off payment, depending on the price of the bicycle and the length of the payment plan, from 6.5% to 17.5%.

The maximum value purchase on which finance can be given is £5,500.00.
The minimum deposit is 10% or £100.

Lending Criteria
Applicants must be:
a) 18 years of age or over at the date of application
b) A permanent UK resident (minimum 3 years)
c) Employed or self employed (16 hours per week or more) OR
d) Retired and in receipt of a private or company pension and 50 years of age or over at the date of application
e) House persons will be considered only if;
They qualify under a) and b) and they
Live with a partner who qualifies a), b), c) and/or d)

Students (unless employment for 16 hours or more per week), Unemployed and Single House persons WILL NOT be considered for Finance Facilities

Proof of Identity and Residency:
In-store agreements have to be signed on the retailer’s premises. Providing that the deposit has been taken via chip and pin using a card in the customer’s name provided on the credit agreement, no further proofs are required.

If the deposit is taken via cash or cheque, a copy of the customer’s passport or driving licence must be sent in with the application. The proof of identity must be stamped and signed by the retailer confirming that it is a true copy of the original document.

Acceptable proofs:
- Utility Bill dated within the last 3 months
- Current full UK driving license (both card and counterfoil)
- Passport

For full information and simulation of your payment plan call 020 7637 4004.

Velorution is a licensed credit broker.