Cash Advance
Are you looking to expand your business? Or do you need funding for refurbishing your premises? Our flexible cash advance solution could be the answer.
We offer an unsecured form of funding to UK businesses that accept card payments.
Are you looking to expand your business? Or do you need funding for refurbishing your premises? Our flexible cash advance solution could be the answer.
We offer an unsecured form of funding to UK businesses that accept card payments.
If you have had Merchant services facilities for a minimum of six months and you are averaging over £3500 throughput each month then you can qualify for Cash Advance.
Benefits to you:
A merchant cash advance is an unsecured provision of funds to a business based on their monthly average takings from their credit/debit card terminal.
The advance plus a factor rate “fee” is paid back as a daily percentage of credit/debit card takings until full repayment.
Up to 100% of your monthly card turnover.
It is always advisable to seek advice when looking at finance – registered advisers can walk you through the options available and advise which route would best suit your business needs.
Unlike a bank loan, you will not be required to provide collateral to secure your business advance.
90% of qualified applicants who meet our basic requirements get approved. Our expert account managers will guide you through the full process from qualification, through to the paperwork requirements, right up to receiving your funds.
We can usually approve your application and deliver your funding within 14 business days or less. The speed of the process generally depends on how quickly we receive applications and supporting information. The faster you send them back, the faster we can process your funds.
How does it all work? What else do I need to process credit cards? Our helpful Beginners Guide is here to help.
Is your business paying too much for your card processing? Switch to our card processing and you save 40%!