![E-Bike Finance: Your options](http://ecycledirect.co.uk/cdn/shop/articles/v12-pdp_1920x1440.webp?v=1733145649)
E-Bike Finance: Your options
Finance is a great way to spread the cost of a bike that may be more expensive than you can afford in one go. The monthly payment is easier to budget with the flexibility to overpay or settle your account early too. Let’s take a look at your options.
We have two finance providers available. V12 Retail Finance and PayPal.
NOTE: any finance application is subject to a credit check and acceptance by the finance provider.
V12 Retail Finance
![V12 Finance Logo](https://ecycledirect.co.uk/wp-content/uploads/2023/10/1669389305-234x60_v02.webp)
We offer 0% Interest-free credit over 6 or 10 months and comparatively 14.9% interest bearing credit on 12-48 months (subject to a minimum order value and a minimum 10% deposit)
If you would like to see a finance example for a specific bike, simply click on the V12 link above the Add to Basket button which will open a pop up window showing available options. Furthermore, select the rate and term and then adjust the deposit slider to see your typical monthly payments.
![V12 retail finance option on product page](https://ecycledirect.co.uk/wp-content/uploads/2024/03/v12-pdp.webp)
![V12 popup calculator on product page](https://ecycledirect.co.uk/wp-content/uploads/2024/03/v12-popup-calculator.webp)
Paypal
![PayPal Logo](https://ecycledirect.co.uk/wp-content/uploads/2024/01/paypal-logo.webp)
As well as being a traditional pay-in-full option at the checkout, Paypal also offers a couple of finance products too (subject to application and acceptance via your PayPal account)
Pay in 3
This option simply splits the total into three, interest-free, payments over two months. The first payment is taken at the checkout.
![Paypal pay in 3 link on product page](https://ecycledirect.co.uk/wp-content/uploads/2024/03/paypal-pay-in-3-pdp.webp)
![paypal Pay in 3 Info](https://ecycledirect.co.uk/wp-content/uploads/2024/03/paypal-pay-in-3.webp)
PayPal Credit
If you have applied for PayPal Credit and being accepted, when you log into your PayPal account at the checkout, PayPal Credit will be an option available to you. It’s like using a traditional credit card but will give you 0% interest free on your balance for 4 months. During this time you must make the minimum monthly payment. Any remaining balance after the offer period will be subject to PayPal’s standard variable interest rate.
![PayPal account finance options](https://ecycledirect.co.uk/wp-content/uploads/2024/03/paypal-account-finance-options.webp)