One clear, all-inclusive fee for duration of the merchant cash advance. No admin charges. No interest. No late fees.
No Fixed term. Flexible repayment period depending on your sales (typically the advances are repaid in 5 to 10 months).
Flexible repayment amount depending on your business performance (you repay a % of your card sales)
No security required
No Business plan required
Approval Within 24 hours
Funding is made Within Days
Interest charged according to length of time loan is outstanding. Admin charges and late fees payable.
Fixed repayment period
Fixed repayments irrespective of underlying business performance
In most cases security is required
Business plan required always
Approval normally takes weeks
Funding usually takes weeks