Do I qualify for Cash Advance?
You will qualify for Cash Advance if you have been accepting card payments for at least six months. Your business will also need to take an average of £3500 per month.
Benefits:
With UTP’s Cash Advance your business will repay in proportion to your earnings. There are no set repayment deadlines. Your business will pay back a set percentage of your credit/debit card takings. So, if one day your business has a slow day and takes less money, you will repay us a smaller amount.
- We offer funding between £3500 – £150,000
Your business can borrow up to 100% of your monthly turnover, providing it’s in the price range above.
- Super-fast application time
We usually approve your application and deliver your funding within 14 business days. The speed of the process depends on how quickly we receive the supporting information.
There is a one-off fee for the advance. We will not charge you any surprising fees.
Our Split Processing Systems mean you will not have to change your current system.