Our products
Turn browsers into buyers and give your customers a choice in how they pay.
What do V12 Retail Finance offer?
Interest free finance
Interest free finance allows customers to make purchases without incurring interest charges over a fixed term. This means they can buy and pay in instalments without any interest.
V12 interest free finance:
- Standard terms from 3 – 60 months
- Available on purchases from £100 to £50,000 (dependent on the retailer )
- Approval for finance is subject to age and status
Financial flexibility
Interest free finance can be helpful for anyone looking to spread the cost. It offers financial flexibility and can allow your customers to budget more effectively. Purchase what they want now and make manageable monthly repayments.
Interest bearing finance
Interest bearing finance works like a traditional loan. Your customer makes a purchase, and they pay back the amount borrowed plus interest, over a fixed term.
V12 interest bearing finance:
- Standard terms from 12 – 120 months
- Available on purchases from £250 to £50,000 (dependent on the retailer)
- APRs from 4.9%
- Approval for finance is subject to age and status
Giving your customers options
Interest bearing finance is another option when spreading the cost of purchases. Like a traditional loan with a fixed interest rate, it’s generally used for larger purchases and offers fixed monthly repayments, so your customers know how much they're paying and when.
Buy now pay later (also known as deferred payment credit)
Buy now, pay later, also called deferred payment credit is a way to purchase now and pay later with a set deferred payment term of 6, 9 or 12 months.
Your customers can pay in part or in full, free of interest, during their deferred payment term. Alternatively, at the end of the deferred payment term, they’ll have the option to pay monthly and spread the cost further, at which point interest would be added at the agreed rate.
V12 buy now pay later:
- Standard terms up to 60 months
- Available on purchases from £250 to £15,000
- APRs from 9.9%
- Make no repayments for 6, 9 or 12 months
- Approval for finance is subject to age and status
Celebrating choice
An option that allows customers to make a purchase immediately and pay nothing for a fixed term. This type of finance can make it easier to budget for unexpected purchases and to budget more effectively.
Why offer retail finance?
- It shows your customers that you understand what they want and can offer them ways to pay for the things they love.
- It can help to take away some of the hurdles that stop customers from making a purchase if they know there are other ways to pay, not just in full and upfront.
- Appeal to more customers and increase spending by offering flexible options and payment terms, giving customers a broader choice of your products.
Why V12 Retail Finance?
Because we really care about you and your customers. We create our systems in-house to offer bespoke solutions, fast integration, and an excellent onboarding service. Our experts will support you, and our dedicated account managers will become your voice at V12. We’re with you every step of the way, and you can be sure we’ll take care of your customers in the same way.
We’ve said yes to over 5 million applications, helping customers pay for the things they want, love, and need and spread the cost.
You can trust us to do right by you because we make it all about you and your customers.
V12 Retail Finance offers credit products. Credit is subject to status and is only available to UK residents aged 18 and over. Minimum and maximum spend applies. Failure to maintain payments may mean charges are incurred, more is repaid than borrowed and it can make future borrowing more difficult.
V12 Retail Finance Limited act as a credit broker, not a lender, and introduces customers to Secure Trust Bank PLC, its parent company. If applications for credit are successful, V12 Retail Finance Limited will receive a commission, the amount will vary depending on the amount of credit taken out. V12 Retail Finance Limited. Registered in England and Wales 4585692. Authorised and regulated by the Financial Conduct Authority. Registration number 679653. Not all products or services offered by V12 Retail Finance Limited, are regulated and therefore do not offer the protections of the regulatory system. Correspondence address: 25-26 Neptune Court, Vanguard Way, Cardiff CF24 5PJ. Registered Office: Yorke House, Arleston Way, Solihull, B90 4LH.