Finance Options

We offer several interest free consumer finance options for most purchases of £499.99 or more. You can apply online or over the phone – it’s quick, easy, secure and you’ll get an instant decision. We’ve partnered up with Pay4Later to offer the best interest free financing available which means you can choose the Xterra Fitness, Sole Fitness or Spirit Fitness product that is ideal for you and spread the cost of your purchase out over your chosen period without incurring any interest charges.

How do I apply for finance? 

Simply add your product to the basket and go through the checkout process and use the finance option to checkout. You'll then be re-directed to the Pay4later website where you'll complete an application form. Or just call our sales team at 01782 593 533 option 3. A member of our expert team will setup a finance application for you and email you a link to complete the application.

How much can I borrow?

You can be approved for up to £5000 including VAT to use for the purchase of your Sole Fitness equipment. Use our calculator to determine how much you can spend based on your monthly payments. The minimum order is £500.

Is a deposit required?

Yes. A 10% minimum deposit is required and is payable by credit or debit card upon finance acceptance.

How much will my monthly payments be?

Your monthly payments depend on how much your purchase is, how much you decide to put down as a deposit and what finance option you choose. Use our calculator below to see how much your monthly payment would be.

How are my monthly payments paid?

All monthly payments are paid by direct debit from your personal bank account. Typically the first payment will be due one month after the date of the finance agreement and the subsequent monthly payments will be due every month for the length of your term on that day of the month.

What length of repayment is available?

You can choose a 6, 10, 12, 24 or 36 month loan repayment period depending on the amount of your purchase. Please see table below for minimum purchase requirements for the different repayment periods.

Finance Deal  Minimum Purchase Required APR
Interest Free – 6 months £499.99  0%
Interest Free – 10 months  £949.99 0% 
Interest Free – 12 months  £1,299.99 0% 
Interest Free – 24 months  £1,499.99 0% 
Interest Free – 36 months  £1,799.99 0% 

Who can apply for finance?

You must meet the following requirements in order to qualify for finance:

  • You must be 18 years of age
  • You must be a UK resident with at least 3 years continual address history
  • You must be in full-time employment, unless retired or a house person with a spouse in full-time employment
  • You must have a UK bank account capable of accepting Direct Debits
  • The goods must be delivered to the your home address

What are the benefits of choosing to finance my Xterra Fitness, Sole Fitness or Spirit Fitness purchase?

  • Interest free finance is available on all purchases over £499.99
  • Buy the items you want now plus accessories, all for one low monthly payment
  • You can choose a higher-spec machine for only a few pounds more per month
  • You can spread the cost of your purchase to minimise your monthly payments
  • Fixed repayments – your payments are fixed for the duration of the agreement allowing you to budget more effectively

Can I pay my agreement off early?

You can settle your loan agreement at any time. Simply write to Ikano Retail Finance and they will calculate and send you your settlement figure. Your settlement figure and date are calculated in line with the Consumer Credit Act.

Pay4Later FAQ

Consumer credit service provided by Pay4Later in association with Retail Money Market Ltd trading as Ratesetter. Pay4Later is licensed by the Financial Conduct Authority (Consumer Credit Licence: 0616240). For more information please refer to our frequently asked questions or visit http://www.pay4later.com/. Ratesetter is authorised and regulated by the Financial Conduct Authority (FCA) with the reference number 633741. Ratesetter is not covered by the Financial Compensation Scheme. Registered offices are at 406 Great Guilford Business Square, 30 Great Guilford Street, London SE1 0HS. For more information please visit http://www.ratesetter.com/.