Finance at Stif

Here at Stif Mountain Bikes we firmly believe in the bike you ride should be the perfect bike for you. The dream bike, the one that puts a huge grin on your face every time you see it. We'll do everything we can to make sure your new bike brings you smiles for miles, and it's to this end that we've partnered with Novuna Finance to get you out on the trails as soon as possible.

Novuna Finance offer a range of affordable payment options allowing you manage your repayments over six to forty eight months. If you have any questions about Novuna Finance, our shop staff will be happy to answer them, simply give us a call on 01423 802 208.

Use our handy affordability calculator below to plan your purchase, by setting a monthly limit you can afford to repay and a timeframe and seeing how much you will have to spend in total.

Affordability Calculator

Novuna logo

We have partnered with Novuna Finance to bring you a range of easy payment options if you prefer to spread the cost of your purchase.

We offer our customers the ability to apply for simple finance facilities to fund a purchase from us. Once you are accepted by Novuna Finance, you will be asked to eSign the credit agreement and once in receipt of your purchase, Novuna Finance will make your agreement live. Your monthly repayments will commence for the agreed term one month from the date on which we dispatch your goods.

In short, retail finance gives you the flexibility to buy what you really want now, not just what you can afford today by spreading the cost of your purchase over a repayment period that suits your budget.

Please note, you can only arrange the delivery of your order pending the approval of your finance application. Your delivery must be made to the address on the finance application which must be the billing address on the order.


To apply for finance you must:

  • Spend a minimum of £349 (£600 for interest bearing agreements) & place at least a 15% deposit. A minimum loan amount of £349 must remain after the deposit
  • be at least 18 years of age
  • have been a UK resident for 3 years or more
  • be able to make repayments by direct debit
  • be in regular employment* (minimum of 16 hours per week) including self-employment, or in permanent residence with your spouse/partner who is in regular employment

*If you are retired and receive a pension or registered disabled and unable to work, Novuna Finance may ask for proof of sufficient income.


Interest Bearing Finance Agreements are available on terms for all orders that meet the critera outlined above and have a minumum order value of £600. Interest free credit is available on orders that meet the above criterea and minimum spend for the term outlined in the table Below

Min Total Spend Max Term
£349 6 Months
£650 12 Months
£1000 18 Months
£1800 24 Months
£2999 36 Months

Here's what you need to know:


During the loan application process, you will be asked for your personal information such as name, 3-year address history, date of birth, email and telephone contact details and employment/income information. If you are accepted, you will also need a credit or debit card registered to you at your address on the credit application so that the lender can carry out an electronic identity check.


With most applications, we expect that you will be given a decision on whether your application has been accepted or declined within 10-20 seconds. In some cases, the lender may return the decision as 'referred'. You will then receive an email with further instructions once the underwriters have made a decision. For in-store applications, you can usually wait in the shop whilst the underwriters review your application. Underwriting hours are between 8am and 8pm, Monday to Friday (excluding Bank holidays), 9am and 6pm on Saturday, and 10am and 5pm on Sunday. If your application is referred outside of these hours then you may have to wait until the next working day for the decision.


For finance orders made online or via mail order we are only able to deliver the goods to the address on your credit agreement (your home address). You will not be able to have the goods shipped to another address or collect the goods from us in person. You can only arrange the delivery of your order pending the approval of your finance application.


Please refer to our returns policy if you wish to return your order. If we accept your return, we will contact the lender to cancel the credit agreement. We may not be able to cancel the finance if the return falls outside of our returns period.


You will be informed if your application has been declined. The lender is unable to share the reason for decline with us. Some reasons your application might be refused include:

  • you do not meet the eligibility criteria (see above);
  • adverse credit reference agency information;
  • your credit score;
  • you are considered to be overcommitted; or
  • your existing account performance with other lenders.

The lender will give you the contact details for the credit reference agency used. They will also give you information on how to appeal the decision if you wish to discuss the matter. Please note that the lender is unable to discuss this over the telephone due to Data Protection rules. You should also note that each lender applies its own credit score to applicants so if you have recently been accepted for credit elsewhere this does not necessarily mean that appealing the decision on this basis alone will result in a change of decision.


Stif Mountain Bikes acts as a credit broker and only offers credit products from Novuna Personal Finance. Novuna is a trading style of Mitsubishi HC Capital UK PLC Authorised and regulated by the Financial Conduct Authority. Financial Services Register no. 704348.Registered Office: Novuna House, Thorpe Road, Staines-upon-Thames, Surrey, TW18 3HP. Registered in Cardiff under company no. 1630491. The register can be accessed through

Stif Mountain Bikes acts as a credit broker and will introduce you to Novuna Personal Finance to complete your application for finance. We may receive a commission if your application is successful, and the amount may vary depending on the product chosen and the amount of credit taken out.

Stif Mountain Bikes is a part of Jungle Products, which is registered in England and Wales 03291752. Registered office: Unit 3, New York Mills, Summerbridge, North Yorkshire, HG3 4LA. Jungle Products is authorised and regulated by the Financial Conduct Authority. FCA Reg No: 719212

If you have any questions, or would like one of our staff to take your application over the phone, please call us on 01423 780 738

Representative examples

Interest Free Finance Over 12 Months

Purchase Price (incl. VAT) £1500
Deposit £150
Loan Amount £1275
Interest/Total Charge for Credit   £0
Total Amount Repayable £1500
Balance Payable £1275
By 12 Monthly Repayments of £106.25
0% APR Representative
Bank rate of interest 0% PA fixed

Interest Bearing Finance (15.9% APR) Over 24 Months

Purchase Price (incl. VAT) £750
Deposit £112.50
Loan Amount £637.50
Interest/Total Charge for Credit   £103.14
Total Amount Repayable £853.14
Balance Payable £740.64
By 24 Monthly Repayments of £30.86
15.9% APR Representative
Bank rate of interest 8.1% PA fixed