The deadline of 30 September 2025 is approaching. After this date, you can no longer add vehicles to your V12 Vehicle Finance stock plan.
£250 Settlement Incentive with any funder
To further support your transition, we are offering a £250 discount on your final interest and fees bill if your V12 account is closed through a direct refinance settlement with any replacement funder.
- The settlement must be agreed and paid between 14 August 2025 and 30 September 2025
- The minimum transfer value is £75,000
- All V12-funded stock must be refinanced with the new funder
Dealer FAQs
Your most common questions, answered
You can load vehicles until 30 September at 3pm (subject to V12 discretion). Your Regional Sales Manager (RSM) will already have discussed alternative funding options with you. If you haven’t secured funding or have concerns, please contact your RSM or our Dealer Services team for support.
We can transfer your existing V12 stock to your new provider. With your consent, we’ll liaise directly with them to ensure a smooth transition. If you transfer your balance by 30 September, you’ll also receive a £250 credit incentive (T&Cs apply). In addition, we’ve negotiated with Next Gear Capital and LE Capital to waive application fees for V12 dealers and, in some cases, match pricing with no load fees.
If you choose not to transfer all stock, you can keep vehicles on plan until they are sold or reach maturity. Please keep your direct debit in place until your settlement is confirmed.
If you have any concerns about your cash flow or how V12’s exit from the market affects your business, please contact your Regional Sales Manager or dealer services team. We are here to help and support you during our exit and can look at options to help you navigate this.
Once we have calculated and paid your final interest and fees, we can officially close your V12 StockFunding facility. We can also provide a closure letter for your new provider if you require it.
Once the settlement has been triggered on CALMS, the direct debit will clear in 4 business days. We’ll generate your final interest and fees statement on the 10th of the following month (unless you settle using a different funding method). Once this has been paid, we can close your account.
Yes, you can continue to load onto your V12 account until 30 September (subject to V12 discretion). If you plan to do this, contact your RSM. Please note: if you haven’t used your full limit recently, your headroom may have been reduced in line with your past usage.
Countdown to 30th September - Switch to LE Capital in time
LE Capital has agreed to offer competitive rates to our customers, provide quick decisions, and waive arrangement fees on new facilities, subject to application approval.
There is no obligation to transfer to LE Capital, and Secure Trust Bank PLC will not receive any fee from this collaboration. However, we strongly recommend that you review your options now to ensure continuity of funding before the September deadline.