CANYON EXPANDS FLEXIBLE PAYMENT OPTIONS IN THE UK, PARTNERING WITH GREEN COMMUTE INITIATIVE

• Cycle to Work Schemes enable customers to save up to 47% on their next Canyon.

• Adding Green Commute Initiative to the Cycle to Work Schemes available gives more choice to Canyon UK consumers about how they access the benefits of a salary sacrifice purchase option.

Canyon UK is excited to announce its partnership with Green Commute Initiative (GCI), enabling customers to purchase their dream bikes through the Cycle to Work Scheme without the restrictions of a £1,000 limit. This collaboration allows significant savings of up to 47% on a wide range of models, including e-bikes and accessories.

GCI offers flexibility for both corporate and individual participants, allowing employees to acquire new bikes through salary sacrifice, benefiting both employees and employers. Notably, there is no end-of-scheme charge, making it an attractive option for those looking to invest in quality bicycles whilst maximising the tax savings available to them.

Nick Allen, Canyon UK's Market Manager, expressed enthusiasm about the partnership: "At Canyon, we're thrilled to be able to offer a Cycle to Work Scheme to our customers through Green Commute Initiative. As a leading supplier in the UK, they were the obvious addition—offering flexible and accessible schemes for companies and employees."

Joanna Flint, Marketing Director at GCI reflects on the partnership: "We are pleased to be working with Canyon.  Our customers have often asked for Canyon to be available through GCI and we are happy to be able partner with this well-respected brand once more."

In addition to the GCI scheme, Canyon UK provides various payment options to cater to diverse customer needs:

• Cyclescheme: Another Cycle to Work initiative enabling savings between 26% and 40% on new bikes.

• Splitit: Allows interest-free instalments between 3 to 6 months, utilising existing credit card limits. This option requires no credit checks and has no minimum order value.

• PayPal: Facilitates easy, secure payments or instalment plans.

These diverse payment methods underscore Canyon UK's commitment to making high-quality bicycles accessible to all, ensuring that every customer can find a payment solution that suits their financial preferences.

For more information on the Green Commute Initiative and other payment options, please take a look at the Canyon website or visit www.greencommuteinitiative.uk