IBDs enjoy biggest ever month of finance sales - BikeBiz

IBDs enjoy biggest ever month of finance sales

The UK's IBD initiative Ride it away retail finance has enjoyed its biggest single month ever in terms of sales.
Author:
Publish date:
1-screen-shot-2016-08-04-at-15.42.07.png

Despite recent reports suggesting cycle sales are suffering, the UK's IBD initiative Ride it away retail finance has enjoyed its biggest single month ever in terms of sales.

A representative from ACT said: "Although bike sales remain challenging - not only for IBDs but for the entire cycles sector - when done right, finance is proving to be the solution."

900 retailers are now offering their customers finance through the ACT's exclusive scheme, which saw more than 7500 transactions approved in July alone, generating well over £8m in cycle and accessory sales and surpassing June 2015 as the biggest month ever for sales.

Featured Jobs

the cycle hub

Workshop Manager

The Cycle Hub I Dubai, United Arab Emirates I Competitive Package & Bonus I Date Published Monday 10th September 2018

Specialized_Logo_Red promo

Rider Care Representative

Specialized UK Ltd I Chessington, Surrey I Salary: Competitive DOE I Date Published Monday 3rd September 2018