What is a Merchant Cash Advance?
If your business need a business loan with straightforward affordable repayments, and no APR or other hidden charges, then a Merchant Cash Advance could be just what you need.
It’s a short term cash injection of between £3000 and £300,000 which works with you to support your cash-flow and business needs.
It’s designed to help your cash flow through the busy and quiet business periods of your business.
Whether it’s to buy more stock, invest in new equipment or maybe just a cash injection, you can borrow from £3000 and the funds can be with you within 24 hours
As long as you have a card terminal accepting at least £3000 a month in card transactions, then you can access unsecured loans based on the card terminal turnover
Why it works
The advantages of a cash advance is that it works with you and your business based on your card turnover. So in slow times, you pay back less and in good times you pay back more.
It’s a quick and easy way to raise funds for your business within 24 hours
There’s no fixed term to repay the loan so just pay back a manageable percentage of future card sales to suit your business.