Retail finance is a powerful sales tool for your business, which allows your customers to spread the cost to get the products they want when they want.
Bira's (previously ActSmart) retail finance service accounted for over £140m of applications in 2022.
Biras's partnership with V12 Retail Finance enables members to access a market-leading range of finance products with competitive rates and high levels of service.
V12 offer market-leading integration, allowing finance applications to be submitted, processed and approved online. According to Mintel (2023) 64% of online shoppers have purchased items via credit means in the past year.
How Members benefit
- Preferential rates
- No setup fee - save £495
- No monthly fees
- Payment released same day, in your bank within 4 days
Service & Support
- Fast application and approval
- High acceptance rates
- Integration with your website
- Support throughout FCA application process
- Dedicated customer service and personal account manager
Service criteria
Retail finance is exclusively available to Bira sports and leisure members. We recommend contacting our membership team before applying for your FCA authorisation.
Acceptance by V12 is 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.
Should your application be unsuccessful your membership fee is non-refundable.