At Gerick Cycle and Ski, our mission is to energize people with our passion for cycling and skiing both in and outside our business. Through locally appropriate quality products, friendly customer service, and unique opportunities, we aim to be the hub of the cycling and skiing community.
The E-Bike program provides low-interest financing for Nelson homeowners who would like to purchase a commuter bike including electric bikes, do-it-yourself conversion kits, non-electric bikes and accessories that are related to safety and commuting (does not include clothing).
The loan will be applied monthly on the home owner’s Nelson Hydro electric bill and repaid over the term of the loan. The maximum loan amount will be $8,000 per household, which can support the purchase of more than one bike. Participants will be able to choose an amortization period of two or five years, with an interest rate of 3.5% (subject to change each year).
The program will be available to City of Nelson residents who own their own home.