Cyclists who cannot afford a bike are being offered loans by a York organisation.

Cycling City York is providing affordable, low-interest loans from reputable local retailers.

Participating stores are offering a six per cent discount to those in the scheme, and the loans are being managed by North Yorkshire Credit Union.

Graham Titchener, programme manager for Cycling City York, said: “Maybe you need a bike to travel to and from work? Or, perhaps, you’ve never ridden one before but would like to give it a try? Whatever the reason, if you’re struggling to afford a bike of your own, a discounted bike loan could be the answer.”

The maximum loan available is £600 and all loans provided will be charged at one per cent interest per month (12.7 per cent APR), based on the reducing balance.

For more information and an application form, contact North Yorkshire Credit Union on 01904 676633, or visit nycu.org.uk or cyclingcityyork.org.uk