Novuna Consumer Finance has been selected by Tredz, a cycling retailer, to expand the credit options available online and in-store. This collaboration will provide customers with a range of flexible finance options, making it easier to choose from a wide selection of fully built and ready to ride bikes.
Customers purchasing a new bicycle online or in-store at Tredz’s two shops in Wales will have the opportunity to borrow from £250 up to £25k, spreading the cost of their new bike over a maximum of four years. Tredz will use Novuna’s unique tailoring functionality which offers greater flexibility over terms, deposits, and loan amounts to work with customers to create payment plans to suit their lifestyle, expanding access to finance for a wider customer base and reducing the number of declined applications.
Alison Dunn, Head of Customer Operations at Tredz, said: “Partnering with Novuna means our customers can easily spread the cost of their new bike in a way that’s flexible and responsible. We’ve been really impressed with how simple Novuna makes the purchasing journey for both our customers and our team.”
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