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What is a Merchant Cash Advance?

A Merchant Cash Advance, also known as a Business Cash Advance, is an unsecured business finance solution that allows business owners to quickly raise £5,000 to £200,000 in funding.

Unlike a traditional bank loan, there are no interest rates or fixed monthly payments. Instead, repayments are taken from a small percentage of your future debit and credit card payments. This means repayments mirror the ups and downs of your business, easing financial stress - when you have a quiet period, you simply repay less, and when business picks up, you repay more.

Ideal for businesses that process payments through a card machine (PDQ) and/or online payment system, a merchant cash advance is a fast and flexible way to raise capital for your business:

  • No APR or fixed monthly payments
  • Over 90% of applications approved
  • No security or business plans required
  • Approval with 24 hours

Get a free quote today, and gain instant funding to grow and build the business you’ve always wanted. Requesting a quote will not affect your credit score.

Business Cash Advance:
The flexible alternative to bank loans

For small to medium sized enterprises (SMEs), bank loan applications can be a lengthy, arduous process that makes borrowing money difficult.

Our financing acts as a quick loan that immediately injects cash into your business, eradicating the long processing times of traditional bank loans, making it an ideal solution for small businesses.

Whether you have poor credit history or your application rejected by the bank, your business could still be eligible for a cash advance. Raise between £5,000 and £200,000 in unsecured funding for your business today.

There’s no APR or fixed terms to worry about -- instead, you’ll receive simple, easy to understand funding that’s designed to help you successfully run your business.

Also, once you have a merchant cash advance with us, you can easily renew and top up your funds with no hassles.

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Apply in Minutes

Use future credit and debit card sales to raise a business cash advance today.

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Get your cash advance in days

Receive a lump sum directly into your bank account.

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Watch your business grow

 Repay a small portion of your monthly credit/debit card transactions.

How it works with 365:

A business that processes £10,000 per month in credit and debit card sales, is eligible to receive £10,000 in an unsecured business cash loan, with no interest rates or fixed terms. Repayments are automatic and deducted as a small percentage of your monthly credit and debit card payments.

Merchant Cash Advance - How Does it Work
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Only repay us when your customers pay you!

Simple, quick, easy funding to grow your business

Does your business need a traditional loan alternative?

A merchant cash advance is the ideal funding for merchants looking to grow and expand their business. Use your debit and credit card sales to raise capital for your business, today.


Instantly receive funds to use on any business requirement, such as:

  • Increase your working capital to pay employees, suppliers and other creditors to fuel business operations and avoid cash flow problems.
  • Purchase equipment, vehicles and other items to increase efficiency and develop a stronger, more effective business.
  • Expand your business by opening up a new location, hiring more staff or launching new products, services and offers.
  • Advertise your existing products and services to bring in new customers and grow your sales revenue.
  • Purchase the lease on your premises to own your location and enhance your retail or food service business. 

Benefits of a merchant cash advance vs a business loan

At 365 Business Finance, we offer unsecured business funding to thousands of SMEs in the UK, particularly businesses operating in the hospitality, retail, and leisure industries. Our funding is an affordable and flexible alternative to a bank loan, and a great option for merchants looking for quick, short term finance.   In comparison to traditional bank loans, the benefits of a merchant cash advance include:

  • 90% approval rate
  • Approval within 24 hours
  • No interest rates, APRs or fixed payments
  • No late penalties or hidden fees – agree on one, upfront cost that never changes
  • Flexible repayments based on a small percentage of your future debit & credit card sales
  • No security or business plans required
  • Bad credit or poor credit history isn’t a barrier to receive funding
  • Short repayment period, with the advance typical repaid within 5 to 10 months
  • Repayments are automatic and simple, as they are processed via transactions taken from your card machine

A merchant cash advance responds to the dilemmas commonly faced by small to medium sized businesses in the UK that are faced with unexpected bills and fluctuating sales revenue.

Am I eligible to receive a merchant cash advance?

  • Your business must be trading for a minimum of 6 months;
  • Minimum monthly credit and/or debit card sales of £5,000.

Flexible finance for businesses

Get a quoteIt only takes 5mins

A cash advance could be in your account in today!

Get a no-obligation quote now!

Get a quote

Choosing the right business loan for you: What you need to consider

Unsecured vs secured business loans

Banks often require security or a personal guarantee when taking out a loan, usually in the form of a tangible asset such as commercial property, stock, machinery or a vehicle.

If your business becomes bankrupt or insolvent, the bank can sell the asset to recoup costs. As such, a secured loan from the bank usually entails a lengthier application process, as there are due diligence processes to conduct such as valuations, legal costs and business checks.

Our funding is unsecured, in that we don’t ask for any security or personal guarantee like a bank would. Therefore, we can process your application within 24 hours, offering you speedy access to capital.

However, the cost of our funding may in some circumstances appear more expensive, as we are providing business finance without any security or personal guarantees. This is why your business’ trading history is very important us, as we need to feel that your business generates enough cash flow to repay the loan amount.

Repayments

Traditional bank loans have fixed monthly repayments, with a set repayment period. As these repayments are fixed, you are obligated to pay a set amount each month irrespective of underlying business performance - this can cause financial stress for your business, impacting cash flow.

Our funding requires no fixed monthly repayments. Instead, there is only one, all-inclusive cost that is agreed upfront and never changes – there’s no APR, hidden fees or late penalties.

Repayments are automatically deducted from a small percentage of your card sales, meaning you only repay when customers pay you. As such, your business’ sales revenue isn’t negatively impacted.

Repayment period is typically between 6 to 10 months, however this is flexible depending on individual circumstances.

If card sales only make up a small portion of your overall business revenue, then this can impact the total amount of funding we can offer you, as we only evaluate business turnover through your credit and debit card sales.

A merchant cash advance program

Our cash advances provide thousands of business owners with an affordable way to access unsecured capital for expansion, development or to improve cash flow. Monthly payments based on future card sales allow you pay back an advance only when your customer pays you.

About 365

Registered in England, 365 Business Finance provides cash advances for small businesses in the UK. Our finance products are designed as a flexible finance solution for businesses that accept credit/and or debit sales, and are an alternative to traditional bank loans.

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We will be your business cash advance partner and help you grow your business.

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We will be your business cash advance partner and help you grow your business

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We will be your business cash advance partner and help you grow your business.

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Each customer is assigned a senior finance specialist who will be available at your convenience.

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We will be your business cash advance partner and help you grow your business.

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We ensure that every phone call and email is responded to efficiently and in a timely manner. We welcome your feedback and any suggestions you may have.

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We will be your business cash advance partner and help you grow your business.

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We will always be transparent in our dealings with you. Our fee is clearly disclosed upfront and there are no hidden costs, admin fees or extras.

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We will be your business cash advance partner and help you grow your business.

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We ensure that any data you provide to us remains confidential.

Latest from the blog

Frequently Asked Questions View All

Our merchant cash advance are designed as a quick and easy business funding solution, for small businesses looking to raise between £5,000 and £200,000 for your business. Unlike a regular loan, there are no fixed weekly or monthly payments. You simply pay back a small percentage of your credit and debit card sales, which means that you only pay us back when you sell to your customers.

So if you’re having a quiet month, your repayments automatically reduce, which helps you manage your cash flow.

There is an all-inclusive cost that gets added to the advance, so there are no interest charges, APR’s or late fees.

  • Apply in minutes
  • 90% approval rate
  • Approval within 24 hours
  • No security or business plans required
  • Flexible repayments based on your card sales
  • One simple all inclusive cost, that never changes, agreed upfront

We understand that as business owners and entrepreneurs, your time is important and you need quick answers so that you can focus on your core business.

That’s why we've designed our business cash advances funding process to be fast, simple and hassle-free. We don’t require business plans or security for our alternative cash finance, and your advance will be approved in under 24 hours. The processing of the repayments happens automatically so there is no disruption to your business.

Best of all, it’s a cash flow friendly solution for your business designed to match your business performance, so you pay us back when you sell to your customers.

Unlike regular bank loans, there are no fixed weekly or monthly repayments on a merchant cash advance with 365. You simply pay back a small percentage of your credit and debit card sales, which means that you only pay us back when you sell to your customers.

So when sales are down, the repayment amount is also low which helps you manage your cash flow, especially during quiet months. Instead of charging you interest on the advance based on the length of time it is outstanding, there is a single, all-inclusive cost added to the advance, so there are no APR’s or late fees.

Best of all, the application process is much simpler than for a regular bank loan, and your advance will be approved in 24 hours and you can have the funds in your bank account within days.

See the comparison between our unsecured business cash advances and a traditional bank loan, here.

Click the “Get a quote” button for a no-obligation quote on a merchant cash advance.

Alternatively you can email us oninfo@365businessfinance.co.ukor call0207 1000 365to speak with one of our representatives.

  • You have been in business for at least 12 months
  • Your average credit and/or debit cards sales during this period are at least £5,000 per month.

Alternatively you can email us on info@365businessfinance.co.ukor call0207 1000 365to speak with one of our representatives.

Our cash advances range from a minimum of £5,000 up to a maximum of £200,000, in unsecured capital funding.

Our maximum advance size depends on your average monthly credit and/or debit card sales. Typically we can offer up to 100% of your monthly card takings. Should you require more, please call our office for a bespoke quote to match your needs.

Unlike a regular bank loan, there are no interest charges or APR’s on an unsecured merchant cash advance with 365. You pay a single, all-inclusive cost, which gets added to the cash advance and remains the same irrespective of the length of time it takes to repay.

There are no application fees, admin charges or hidden extras.

Contact our customer service team for a no-obligation quote on our quick business loans. 

You repay a small, agreed portion of your credit and debit card sales, which then reduces the balance outstanding on one of our.

So if you are having a quiet month, the repayment amount is also low which helps you manage your cash flow. There is no term on the product, so there are no additional charges if the advance takes longer than expected to repay.

You simply pay back a small, pre-agreed portion of your credit and debit card sales, so the exact length of time it takes to pay back a merchant cash advance depends on when you make sales to your customers. There are no fixed weekly or monthly payments.

No security is required for our unsecured merchant cash advances. To find out more information, read here.

Yes, we provide ongoing cash advances for small to medium UK businesses.

Our merchant cash advances are fully flexible, so you can always apply for additional funding elsewhere.

We partner with a number of financial brokers and introducers to help their clients secure unsecured funding for their businesses, through an unsecured business cash advance.

We offer training to help you understand our products and gain access to co-branded materials, a dedicated broker contact and a competitive commission scheme.

So contact us on brokers@365businessfinance.co.uk or 0207 1000 365 to find out more about our broker referral scheme.

See why more businesses are turning to a merchant cash

advance as a sensible alternative to bank loans.

Get a no-obligation quote now!

Get a quote