CONSUMER FINANCE

THE BICYCLE ASSOCIATION SCHEME

The Bicycle Association and Novuna Finance have teamed up to create an exclusive package for UK bicycle stores.

Our competitive rates package, easy sign-up process and intuitive online consumer portal allows stores to offer their consumers a more flexible way to pay. Offering lower turnover thresholds and better rates that retailers could achieve on their own.

The BAs package is designed to help with the 5 key challenges that retailers have identified to us:

FCA License - start trading with up to 10 months consumer terms without a license, plus help with getting your own (or using an Appointed Representative Scheme)
Integration - we're actively reaching out to all the EPOS/ECOMM providers (please see list below)
Rates - The Novuna scheme offers competitive rates by grouping retailers together in one scheme
Sign Up Fees - there are no sign up or Admin fees with the BA or Novuna to access the scheme
Minimum Turnover - currently there is no minimum to apply (though active accounts may be reviewed for periods of inactivity)

RETAILER CRITERIA:

Open to all retailers - both with, or without, an FCA license
2 years accounts, with most recent accounts profitable
Net assets of £25k or more

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KEY FEATURES

Finance

£250 - £25,000 consumer purchase range
Competitive Rates and Varying repayment periods (see rate card)
Market leading acceptance rates
Offer consumers up to 10 months without an FCA license, or up to 48 months with FCA

System

Soft search facility – pre-qualify your consumers without the concern of a hard credit check
E comm integration (many major platforms plus Citrus Lime* to follow summer 2025)
Full API documentation for any bespoke integration.

Support

System and compliance training plus PDF in-store manual
Standard in-store POS – assistance with compliance if creating your own bespoke POS
External assistance with FCA License if required
Easy 1:1 sign-up process over Zoom/Teams/Hangouts with dedicated Account Manager

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The Novuna Portal

Novuna is a credit system designed with retail in mind.

The application platform is quick, simple and provides a great customer experience from start to finish. You’ll find no clunky tech or lengthy applications here – just flexible ways to pay for your customers.

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INTEGRATION & PLUG-INS

The BA-Novuna scheme is designed to be as universally accessible to IBDs as possible. If you have a bespoke system, or you don't see your EPOS/ECOMM provider listed here, please enquire using the SIGN UP button below and let us know the details of your system/provider. We'll do our best to connect everyone.

ABACUS - Live - LIVE: Push, i-Bikeshop, WOO COMMERCE. Abacus TBC

ASCEND - Live - Integration through Push, Shopify and others.

BIG COMMERCE - TBC

BIKEDESK - Live - E-Comm live and Integrated, In-store only under development, coming soon.

CENTRAL - TBC

CITRUS LIME - Live

CLOVER - TBC

CYBERTILL - Does not offer Novuna Integration

EPOS NOW - TBC

EVOPOS - In Discussion

LIGHTSPEED - TBC

MAGENTO - Live

MYPOS - TBC

POSIT - Does not offer Novuna Integration

PUSH - Live

SALEDOCK - Live

SEANIC - Live - Full integration with i-Bikeshop websites. Able to link with other web platforms such as Push, Magento, Woo Commerce.

SHOPIFY - Live

SiWIS / i-Bikeshop - Live - Full integration via i-Bikeshop websites.

VEND - TBC

VENDITAN - TBC

WOO COMMERCE - Live

IN-STORE ONLY - Open / Live - The Novuna Cloud / Web Based System is available for stores who do not have an EPOS/ECOMM system.

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Competitive rates package, easy sign-up process and intuitive online consumer portal allows stores to offer their consumers a more flexible way to pay.

SIGN UP NOW