Retail Technology
| Log in | Subscribe



Subscribe | Log in
Retail Technology
Subscribe

Tredz credit goes up a gear

By Retail Technology | Monday September 4 2023 | UPDATED 03.09.23

Cycling retailer Tredz as expanded the credit options available to its customers both online and in-store

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 Consumer Finance’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.”

Related items

Asics debuts circular economy shoe

By Retail Technology | Retail Technology

Lululemon reveals recycling milestone

By Retail Technology | Retail Technology

QR code tech drives digital retailer recycling returns

By Retail Technology | Retail Technology

Sam’s Club launches self-service recycling units

By Retail Technology | Retail Technology

Retail Week Live 2023: Stores hold key to profitability

By Miya Knights, Publisher | Miya Knights, Publisher

Westbrook Cycles goes up a gear online

By Retail Technology | Retail Technology

Rapha brakes for AI

By Retail Technology | Retail Technology

Co-op expands tech-recirculation trials

By Retail Technology | Retail Technology

AO hits recycling milestone

By Retail Technology | Retail Technology

Halfords revs up digital communications

By Retail Technology | Retail Technology