Cycle to work finance

Our Approach

There are many finance companies in the UK to choose from but it is usually best to work with one that specialises in your market place or the equipment you are looking to acquire.

Axis Lease Management Ltd set up the first cycle to work scheme over 15 years ago and has funded several million pounds worth of bikes across the UK for many different organisations including, blue-chip companies, Local Authorities, NHS Trusts, Fire & Rescue Services, Police Constabularies, manufacturing, construction and retail outlets.

We have built our reputation on providing an excellent service to our customers – being both competitive with our funding costs and proactive in ensuring a smooth and easy administration process. As a result, virtually all of our customers return to us to finance their next scheme.

Axis is able to arrange finance for a wide range of other assets as well, ranging from technology and software to machinery and newly developed post-covid disinfecting assets. Call us if you would like further information.

Here are just some of our clients who are already up and cycling:

FAQ

Axis Leasing has developed a finance facility specifically for Cyclescheme. The period of finance can range from 12 months upwards, although the norm is between one and two years.

The Agreement is an unsecured fixed term loan.

Yes. Along with mountain bikes, road bikes and hybrids. Whatever you need.

Yes. The scheme provider’s invoice shows the VAT that can be claimed back in the normal way

Yes. The interest charged over the period of the loan is passed onto your employees. Your payments may mirror the employees’ contributions. A one-off administration fee is charged which cannot be passed to the employee. This is charged per scheme not per employee and is £150.

If someone leaves before the end date of the scheme the outstanding liability is deducted from the employees’ final severance pay/salary.

This is entirely down to the credit strength of the employer.

No. It is up to you whether you wish to cap the price

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Why our customers trust us...

Over 20 years experience in the finance sector

Winners of Inaugural Societe Generale UK Broker Award (April - June 2019)

Authorised member of the Financial Conduct Authority

We have worked with some of the UK's largest institutions

“We have used Axis Leasing for our cycle to work schemes for many years now and they have always been great. Christine is really helpful and always keeps us up to date when we are running the scheme. When we changed franchise Christine was great with advising us on how to get the finance for our new scheme. Looking forward to working with Axis again this year.”
LEANNE HAWTHORNE, ABELLIO SCOTRAIL

If you have any particular requirement or query then please contact us and we’ll do our best to help.