Understanding Business & Merchant Cash Advances

Here’s how our advances work…

You can raise between £5,000 and £100,000 of funding for your business through a business cash advance, which you then pay back as a small percentage of your credit and debit card sales. That helps you with your cash flow, because it means that you only pay us back when you sell to your customers.

Because of this: 

  • We charge one set fee on top of your loan 
  • There are no late fees 
  • There is no APR on the loan

So when your sales are down, your repayments are lower. There is a single all-inclusive cost added to the advance, and unlike a bank loan, there are no fixed monthly payments, no APR’s and no hidden extras. We only get paid when your business gets paid.

It’s Fast and Simple Business Funding

Our application process takes minutes, and you will receive a decision in under 24 hours. No security or business plans are required. Over 90% of businesses that meet our basic criteria are approved.  

Card Sales and Repayments

3 Steps to Growing Your Business

Step one

1. Apply in Minutes

Use your future credit and debit card sales to raise cash for your business today

Step two

2. Get your business cash advance in days

You’ll receive the lump sum directly into your bank account to use on any business requirement.

Step three

3. Watch your business grow

You repay a small  portion of your card sales. Repayments are  automatically processed and hassle-free.

Ready to grow your business?

Advantages of our Business Cash Advances

  • One simple cost agreed upfront
  • Simple application process. 90% approval rate.
  • Get your funds in days.
  • No security or business plans required.
  • No fixed term or fixed monthly payments.
  • Pay us back when you sell to your customers.
  • Dedicated relationship manager to support you.
  • No admin fees, no APR’s, no hidden extras.

See the difference between our Business Cash Advances and a Bank Loan

The Repayment Process of a Cash Advance

We'll agree with you a fixed daily percentage of your credit and debit card sales to repay the advance (typically between 5% and 20% of your  card sales)
You sell to your customers on your credit and debit card terminals.
The pre-agreed percentage is automatically deducted from your daily transactions and you receive the balance of your funds as normal into your regular bank account
This all happens automatically so there is no change to the time it takes you to receive your money (normally three business days)
The daily amount deducted then reduces the balance outstanding on the advance
Collections stop automatically once the advance has been repaid

Application Process

  • Complete our simple application form;
  • You will be allocated a relationship  manager to assist you with any queries that you may have;
  • We’ll assess your application and give you a decision in under 24 hours;
  • You will receive your funding directly into your business bank account within days.

Am I Eligible?

  • Trading for at least 12 months. Unfortunately we are unable to fund start-up businesses;
  • Minimum average monthly credit and/or debit card sales of £3,500.