The bicycle business has been booming of late, thanks to increasingly more people wanting high-quality bikes of their own. The launch of the e-bike has also been instrumental in boosting bicycle sales, as it helps overcome a number of barriers to people taking up cycling, like long distances or hilly terrains.
The trend towards e-bikes and higher-quality bikes has pushed up the
average price of a bicycle. Since buying a new bicycle represents a
major investment for your customers, it may be interesting
for them to finance this purchase.