How Much Can I Borrow Through an Unsecured Business Loan?
Our merchant cash advance acts like an unsecured business loan, and is characterised by flexible repayments with no APR, interest rates or late fees. For this reason, many UK businesses in need of capital take out this form of loan.
With our cash advances you can apply for unsecured capital funding of a minimum of £10,000 and a maximum of £300,000. Depending on the amount of your average monthly credit and/or debit card transactions, the maximum amount of your advance may vary.
In most cases, we can provide you up to 100% of your monthly card turnover. Please do not hesitate to call our office if you need more information. A consultant will help you create a customised offer for your individual requirements.
If your business has been affected by the Covid-19 pandemic, you may also try to apply for a Recovery Loan. The Recovery Loan Scheme is offered by several lenders appointed by the British Business Bank. The purpose of this loan is to help restore the liquidity of businesses disrupted by the Covid-19 pandemic.