Merchant Cash Advance
How much capital does your business need?
Less than £ 5,000£ 5,000 - £ 50,000£ 50,000 - £100,000Most popularMore than £100,000
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What is a Merchant Cash Advance?
A fast and flexible way to raise capital funding for your business.
- No APR or fixed-monthly payments
- Over 90% of applications approved
- No-security or business plan required
With a merchant cash advance, you’ll gain instant funding that you can use to create growth and build the business you’ve always wanted.
Business Cash Advance:
The flexible alternative to bank loans
Raise between £5,000 and £200,000 in unsecured business funding for your business today. Repayments on a cash advance are based entirely on how much you transact through your card terminal each month, so when sales are low, your repayments are smaller.
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.
Apply in Minutes
Use future credit and debit card sales to raise a business cash advance today.
Get your cash advance in days
Receive a lump sum directly into your bank account.
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 APR or fixed-terms, and repayments based on your monthly card sales.
Only repay us when your customers pay you!
Merchant cash advances for growth
Does your business need a traditional loan alternative?
A merchant cash advance is a sensible funding alternative to bank loans for small businesses. Your business could borrow between £5,000 and £200,000 and repayments are designed to mirror your cash flow, so when sales are better, more is repaid.
Agree one, upfront all-inclusive cost that never changes.
You can use your cash advance to:
- 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 unsecured business cash advance vs a business loan
At 365 Business Finance we offer unsecured merchant cash advances to UK SMEs.
- 90% approval rate
- Approval within 24 hours
- No APR or other hidden charges
- No security or business plan required
- Apply for a business cash advance online in minutes
- Flexible repayments based on your debit & credit card sales
A merchant cash advance is an alternative business funding solution with no APR or fixed-term. Flexible monthly repayments mirror the cash flow of your business.
Repayments on our unsecured cash advances depend entirely on your company's monthly credit and debit card sales. Paying back the advance is based on your monthly card transactions.
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 cash flow challenges.
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.
A merchant cash advance program
Our unsecured cash advances for business provide thousands of SMEs 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 business 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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Cash Advances: questions and answers
Answers to a few commonly asked Merchant Cash Advance questions.
How to apply for a business cash advance
A few simple steps, such as a Business cash advance, could be the perfect way to secure capital funding for your business.
How do you apply?
There are quick, easy and safe business finance solutions out there to take the pressure off your cash flow, such as an unsecured merchant cash advance.
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.
